Windfall profit tax raised on export of diesel, Jet fuel
Sep 1, 2022, 10:34 IST
The Government has raised windfall profit tax on diesel export to Rs 13.5 per litre and on jet fuel exports to Rs 9 per litre.
This was done after a fortnightly review on Wednesday, a Finance Ministry notification said.
Windfall profit tax on domestically-produced crude oil has also been hiked by Rs 300 per tonne to Rs 13,300.
On Aviation Turbine Fuel (ATF) exports, tax was raised to Rs 9 per litre from the earlier Rs 2, according to the notification.
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This was done after a fortnightly review on Wednesday, a Finance Ministry notification said.
Windfall profit tax on domestically-produced crude oil has also been hiked by Rs 300 per tonne to Rs 13,300.
On Aviation Turbine Fuel (ATF) exports, tax was raised to Rs 9 per litre from the earlier Rs 2, according to the notification.
SEE ALSO: DreamFolks Services IPO: Here’s how you can check the allotment status
This multi-cap fund has survived the worst market cycles and yet delivered the highest returns