India has increased a windfall tax on domestically-produced crude oil to 11,000 Indian rupees ($133.59) per tonne from 8,000 rupees a tonne from Sunday, a government order said on Saturday.

India has also levied an export tax of 3.50 rupees per liter on kerosene, the order said.

A windfall profits tax on diesel exports has been raised from Rs. 6.5 to Rs. 12 per liter, it said.

Source link