Windfall Tax: Government reduced the windfall tax on diesel and ATF, and also cut export tax on domestic crude oil

Posted on 16th Dec 2022 02:39 pm by rohit kumar

The government has reduced the windfall tax on diesel and ATF (Air Turbine Fuel). According to a government notification, the tax on the export of domestic crude oil has been reduced to Rs 1,700 per tonne from the existing Rs 4,900 per tonne. Tax on ATF has been reduced from Rs 5 per liter to Rs 1.5 per liter. This has been announced by the government by issuing a notification on 15th December. The new rates will be applicable from today i.e. 16th December.

 

The government has reduced the export tax on diesel from Rs 8 per liter to Rs 5 per liter. Apart from this, the export of Air Turbine Fluid ie ATF has been reduced to Rs 1.5 per liter, it was earlier Rs 5 per liter.

 

On the other hand, the oil companies have released the prices of petrol and diesel for today (16 December 2022). Today companies have changed the prices of oil in Delhi and Chennai. A few months back, the government announced a reduction in the prices of petrol and diesel. Oil prices in the country have remained stable for more than the last four months.

 

Today, one liter of petrol in Delhi is available at Rs 96.72 per liter while diesel is available at Rs 89.62 per liter. The petrol price in Mumbai is Rs 106.31 and the diesel price is Rs 94.27 per liter. The petrol price in Kolkata is Rs 106.03 while the diesel price is Rs 92.76 per liter. Whereas in Chennai also petrol is Rs 102.63 per liter and diesel is Rs 94.24 per liter.

 

Also Read: Growth: ADB did not change India's economic growth forecast for 2022-23, kept unchanged at 7%

Other news

Auto Taxi Strike: Auto-taxi strike in Delhi-NCR today too, and people's problems will increase

The strike of taxi, auto, and cab drivers will continue in the national capital today as well. In

KIIT Suicide: Scholarship in memory of student; Now 24-hour help to students; Nepali Foreign Minister talks to minister

After the alleged suicide of Nepali student Prakriti Lamsal at Odisha's Kalinga Institute of Indu

EL Nino: 'July hottest month in hundreds of years, situation to worsen in 2024', warns NASA scientist

Everyone is worried about the rising temperature of the world. Now a NASA scientist has warned th

Delhi Traffic Advisory: Heavy rain in Delhi overnight, read the advisory before going to the office; avoid these routes

Due to heavy rains in the capital Delhi on Wednesday evening, the roads were submerged and there

India-US Tension: 'We will buy those things which India has made with its sweat'; PM Modi's important message from Kashi

The people of the country should take a pledge of Swadeshi. We will buy those things that India h

CSK vs DC Pitch Report: Chepauk's pitch has changed in IPL 2023, understand why the toss is playing an important role

Delhi Capitals will clash with Chennai Super Kings in the 55th match of IPL 2023 at the M Chidamb

Nagpur Violence: Muslim leaders demanded a fair investigation, and said- action should not be taken against innocent people

Members of the Muslim community in Nagpur have condemned the violence in Vidarbha's largest city.

Bangladesh Violence: 'His tongue opens only on Palestine...', Giriraj Singh lashed out at Owaisi's silence on Bangladesh violence

Union Minister and senior Bharatiya Janata Party (BJP) leader Giriraj Singh has taken a dig at th

Gyanvapi Case: Masjid Management Committee demands improvement in the previous order from SC, Gyanvapi Committee's petition restored

The Gyanvapi Masjid Management Committee (GMMC) mentioned its application before the Supreme Cour

International Labour Day 2023: When did the celebration of labour Day start in India? Learn the history and this year's theme

International labour Day 2023: labour Day is celebrated every year worldwide to honor labourers a