What is Windfall Tax and Why Has Govt Reduced it on Fuel Export, Domestic Crude Oil?

BabU

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What is Windfall Tax and Why Has Govt Reduced it on Fuel Export, Domestic Crude Oil? The Centre cut windfall tax on diesel and aviation fuel shipments by Rs 2 per litre and removed additional excise duties of Rs 6 per litre on exports of petrol. What is windfall tax and how will it impact the government and the companies?
 
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