The head office has reduced the windfall tax on crude oil from Rs 11,000 to Rs 9,500 per ton. This change will be applied from November 2, according to an official announcement from the Treasury Department.
The windfall tax has been reduced by almost 13%.
However, the windfall tax on the export of jet fuel (ATF) has been increased from 3.50 rupees per liter to 5 rupees.
The special additional excise duty on the export of diesel was also…
