The Government announced reduction in windfall tax on locally produced oil, which has been brought down to Rs 4,900 per tonne. In addition to this, it also cut export tax on diesel to Rs 6.5 per litre.
These rates would come into effect from December 2, 2022. pic.twitter.com/znJTk75hRD— IANS (@ians_india) December 1, 2022
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