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India Raises Windfall Tax On Crude Oil

Reuters
Reuters
Nov 30, 2022, 09:59 PM
India Raises Windfall Tax On Crude Oil

India has raised a windfall tax on crude oil to 10,200 Indian rupees ($125.22) per tonne from 9,500 rupees per tonne, a government order said on Wednesday.

India has also cut export tax on diesel to 10.50 rupees per liter from 13 rupees per liter, the order said.

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