Softer global oil price cuts windfall tax collections
Indias windfall tax collections from crude oil and auto fuels have fallen 9% to ₹1.5tn in April-October due to lower energy prices and falling domestic production.
Source: livemint.com
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Duty relief on fuel expected to brighten festive mood
Consumers could expect relief from the surging price of auto fuels this festive season as the government may opt for an excise duty cut on petrol and diesel
Source: sentinelassam.com