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The Economic Times

Economy / The Economic Times

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Government revises windfall tax on fuel exports from June 1

New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of nil levies. Petrol exports will also attract a duty. These revisions reflect changes in global oil prices and refiner margins. The government reviews these rates fortnightly.

30 May 2026 11:42 pm