The Indian government is increasing the windfall tax on petroleum crude to 3,300 rupees ($39.76) a metric ton from 3,200 rupees with effect from Feb. 16, according to a notification released on Thursday.
It will also increase a windfall tax on diesel, that had been reduced to zero, to 1.50 rupees a litre, the order showed.
The windfall tax on aviation turbine fuel (ATF) and petrol will continue to be zero.
On Feb. 3, India had raised windfall tax on petroleum crude to 3,200 rupees/tonne from 1,700 rupees a tonne, while keeping the tax on diesel, ATF and petrol at zero.
