Windfall tax cut on crude, export taxes on aviation fuel, diesel
Government has cut its windfall tax on crude oil and exports of aviation turbine fuel (ATF) and diesel, as per the government notification dated January 16.
An Oil and Natural Gas Corp's (ONGC) well is pictured in an oil field on the outskirts of the western city of Ahmedabad, India, February 10, 2016. Pic: Reuters