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Windfall profit tax on crude oil cut; levy on diesel, ATF exports hikedWindfall profit tax on crude oil cut; levy on diesel, ATF exports hiked

The government has cut the windfall profit tax on crude oil produced in the country while the levy on exports of diesel and ATF has been hiked, an official notification said. The tax, levied in the form of special additional excise duty or SAED, on domestically produced crude oil was reduced to Rs 6,700 per […]