Windfall tax on crude oil Current Affairs, GK & News

Cut in Windfall Tax on petrol, diesel, ATF

On July 20, 2022, Union government reduced the windfall tax on petrol, diesel, crude oil and jet fuel, following the cut in international rates. Highlights Windfall tax on diesel and aviation turbine fuel (ATF) has been reduced by Rs 2 per litre and that on export of petrol has been reduced by Rs 6 per ..