{"id":507298,"date":"2022-07-20T11:08:47","date_gmt":"2022-07-20T05:38:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=507298"},"modified":"2022-07-20T13:10:34","modified_gmt":"2022-07-20T07:40:34","slug":"india-cuts-windfall-tax-on-diesel-aviation-fuel-shipments","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-cuts-windfall-tax-on-diesel-aviation-fuel-shipments\/","title":{"rendered":"India cuts windfall tax on diesel, aviation fuel shipments"},"content":{"rendered":"<p>India eliminated a levy on gasoline exports and cut windfall taxes on other fuels less than three weeks after they were imposed, offering relief for the nation\u2019s No. 1 fuel exporter Reliance Industries Ltd and top crude explorer Oil &amp; Natural Gas Corp. <\/p>\n<p>New Delhi reduced the windfall tax on diesel and aviation fuel shipments by Rs 2 (3 cents) a litre, and scrapped completely a Rs 6-per-litre levy on gasoline exports, according to a government notification. It also cut the tax on domestically produced crude by about 27 per cent to Rs 17,000 a tonne. Bloomberg News first reported Thursday that the government was considering lowering the taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India eliminated a levy on gasoline exports and cut windfall taxes on other fuels less than three weeks after they were imposed, offering relief for the nation\u2019s No. 1 fuel exporter Reliance Industries Ltd and top crude explorer Oil &amp; Natural Gas Corp. New Delhi reduced the windfall tax on diesel and aviation fuel shipments by Rs 2 (3 cents) a litre, and scrapped completely a Rs 6-per-litre levy on gasoline exports, according to a government notification. It also cut the tax on domestically produced crude by about 27 per cent to Rs 17,000 a tonne. Bloomberg News first reported [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-507298","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=507298"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/507298\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=507298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=507298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=507298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}