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July 31 (Reuters) – The Indian authorities has hiked windfall tax on petroleum crude to 4,250 Indian rupees ($51.68) per tonne from 1,600 Indian rupees per tonne with impact from August 1, based on a authorities notification.
Windfall tax on diesel has been elevated to 1 rupee per litre from nil earlier, the order stated.
($1 = 82.2380 Indian rupees)
Reporting by Shivani Tanna in Bengaluru; Editing by Krishna Chandra Eluri
Our Standards: The Thomson Reuters Trust Principles.
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