Fuel Export Reset: Centre Scraps Windfall Tax on Petrol:
In its latest scheduled fortnightly calibration of fuel export duties, the Ministry of Finance has announced a targeted revision of the Special Additional Excise Duty (SAED) levied on refined petroleum product exports. Under the official notification issued on Saturday, October 31, 2026, the central government has completely abolished the windfall tax on petrol exports, cutting … Read more