Windfall tax on petroleum crude increased to 7000 Rs.
The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees ($83.78) per metric ton from 6,000 rupees per metric ton, effective from July 16, a notification issued on Monday showed. (While $1 = 83.5510 Indian rupees). The tax is levied in the form of Special Additional Excise Duty (SAED).The export of diesel, petrol Read more: Windfall tax on petroleum crude increased to 7000 Rs…