Centre Adjusts Windfall Tax: Petrol Levy Cut, Diesel and ATF Tax Hiked

The central government has reduced the windfall tax on petrol while increasing the levy on diesel and aviation turbine fuel (ATF).

Centre Adjusts Windfall Tax: Petrol Levy Cut, Diesel and ATF Tax Hiked

The central government has announced a revision in the windfall tax structure. According to reports, the special additional excise duty on petrol has been reduced. Conversely, the government has increased the tax rates applicable to diesel and aviation turbine fuel (ATF). These adjustments have sparked discussions regarding potential impacts on fuel pricing.

#Petrol#Diesel#Windfall Tax#Economy