We may see some price drop in prices of Petrol and diesel after new Windfall tax
According to news from the Ministery of finance Indian government has reduced the windfall tax on diesel to Rs 10 per litre.
In new Delhi, New Delhi government has cut cess on crude to Rs 10,500 per tonne
This Revision was fifth after the implementation of windfall tax on 1st July.
Reduction of tax on locally produced crude oil,
and on export of diesel and aviation turbine fuel may ruduce price
The overseas shipments of diesel made in India are also tax free now.
All these News are indicating towards some relief in petrol and diesel price in coming month
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