1 The Centre on Thursday cut the windfall tax on crude oil to ₹4,900 ($60.34) per tonne, according to a government order.

It also cut the export tax on diesel to ₹8 per litre. Changes to the windfall tax will be effective from Friday, the order said.

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Windfall profit tax on crude oil hiked, levy on export of diesel cut
The export tax on jet fuel or ATF, which was set at ₹5 a litre in the last review on November 1, has not been altered