(Reuters) – The Indian government has cut the windfall tax on petroleum crude to 2,100 Indian rupees ($25.04) per metric ton from 4,600 rupees per metric ton, effective from Aug. 17, a notification issued on Friday showed.
India revises the windfall tax on petroleum crude every fortnight.
(Reporting by Nikunj Ohri and Urvi Dugar; Editing by Toby Chopra)
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