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India raises windfall tax on petroleum crude to 3,200 rupees/tonne

India increased its windfall tax on petroleum oil to 3,200 rupees/ton from 1,700 rupees on Saturday, while keeping the windfall tax on diesel and aviation turbine fuel at zero, the government said late Friday. ....

Windfall Tax ,

Cuts that aided budget math

Centre’s food, fertilizer and petroleum subsidy is projected to decline by more than 7% in FY25 to ₹3.81 trillion ....

Mansukh Mandaviya , Sunil Kumar Sinha , Economy Budget ,