EconomyIndia raises taxes on diesel and jet fuel exports
India has increased windfall taxes on exports of diesel and aviation turbine fuel, according to a government order. The move comes as global oil prices rise amid an escalation in the U.S.-Iran conflict. The higher levies specifically target overseas shipments of the two fuels. The decision links India’s export-tax policy to the sharp movement in international oil prices.
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India raises taxes on diesel and jet fuel exports
Economy