News and WorldGlobalHeat 9
India cuts petrol export duty to nil and raises diesel levy by ₹3 a litre
AI QUICK TAKE
India's government reportedly scrapped the export duty on petrol, a Rs 2.5/litre levy, while raising levies on diesel by about Rs 3 a litre, to Rs 11.5, and on aviation fuel. Multiple outlets report the same change.
Timeline
- First appeared on Emeritus Prof. Christopher May
- Centre scraps petrol export duty, hikes diesel levy
- Picked up on Google Trends
- Economic Times reports petrol duty scrapped
Top sources
- windfall taxGoogle Trends
- How might one define 'super' profits, that should be subject to windfall tax? When (fossil fuel) firms see abrupt rises Emeritus Prof. Christopher May
- Centre scraps Rs 2.5/litre petrol export duty, hikes diesel levy to Rs 11.5Times of India
- Centre hikes windfall tax on diesel, aviation fuel exports; cuts petrol levy to zeroTelegraph India
- Petrol export duty cut to nil, diesel levy raised by ₹3 a litreThe Hindu