India raises windfall tax on crude, diesel, aviation fuel

Credit: REUTERS/Rupak De Chowdhuri

Jan 2 (Reuters) - India has raised windfall tax on petroleum, crude oil and aviation turbine fuel, according to a government order dated Jan. 2.

It raised windfall tax on crude oil to 2,100 rupees ($25.38) per tonne from 1,700 rupees ($20.55), effective Tuesday, the order said.

($1 = 82.7450 Indian rupees)

(Reporting by Urvi Dugar in Bengaluru Editing by Tomasz Janowski)

((UrviManoj.Dugar@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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