India raises windfall tax on petrol, cuts duty on diesel

The export duty on petrol was raised to ₹2.5 ($0.0263) per litre from ₹0.5 per litre, while the duty on diesel exports was cut to ₹8.5 per litre from ₹16 per litre, effective October 16, the order said.
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- Section
- Business
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- Economy & RBI
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- The Hindu
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- Friday, 16 October 2026, 7:58 am IST
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