1. India reduces diesel and ATF windfall taxes again from October 1

India reduces diesel and ATF windfall taxes again from October 1

India

  • India's Finance Ministry on Wednesday, cut the diesel export levy to Rs 16 per litre from Rs 20, effective October 1.
  • The ATF export levy was reduced to
  • Rs 10.5 per litre from Rs 15, while petrol duty stayed at Rs 0.50 per litre.
  • From October 1, only export levies change; domestic petrol and diesel excise duty rates remain unaffected.
  • India introduced these levies on
  • 27 March 2026 amid the West Asia crisis.

Source: firstpost.com

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