India Slashes Taxes On Aviation Fuel Exports, Domestic Crude Oil

 Indian government lowered taxes on aviation turbine fuel exports to 5 rupees per liter from 9 rupees per liter, a government notification said on Friday.

The government also reduced windfall tax for domestically produced crude oil to 10,500 rupees per tonne from 13,300 rupees per tonne, according to the notification.