Centre raises windfall tax on the sale of locally produced cru | Value investing and swing trading(money markets academy)

Centre raises windfall tax on the sale of locally produced crude oil to Rs 13,300 per tonne from Rs 13,000 per tonne, earlier. Export duty on aviation turbine fuel (ATF) is increased to Rs 9 per litre from Rs 2 per litre. Revenue Secretary Tarun Bajaj previously said that the trend in tax rates will depend on the movement of global crude prices