Mains issueGS-3News & Analysis17 September 2026

Govt. cuts windfall tax on export of petrol, diesel and ATF

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Why now

The Indian government has reduced the windfall tax levied on the export of petrol, diesel, and aviation turbine fuel (ATF) with immediate effect, adjusting the rates downwards for all three products.

Core issue

The Indian government has reduced the windfall tax levied on the export of petrol, diesel, and aviation turbine fuel (ATF) with immediate effect, adjusting the rates downwards for all three products.

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