📷 Image: Wikimedia Commons / Pierce, C.C. (Charles C.), 1861-1946
Business
India Cuts Windfall Tax
✍️ Business Standard
🗓 15 Aug 2026, 02:47 PM
👁 29
The government has reduced the windfall tax on diesel, petrol, and ATF exports, effective today. This move is expected to impact the export industry.
The Indian government has announced a cut in the windfall tax on exports of diesel, petrol, and Aviation Turbine Fuel (ATF), effective from today. This decision is aimed at providing relief to the export industry, which has been facing challenges due to the high tax rates. The reduction in windfall tax is expected to boost exports and support the economic growth of the country.