India Raises Petrol Export Windfall Tax to 2.5 Rupees per Litre

Commodities5 days ago

New tax regulations in New Delhi have increased the cost of shipping gasoline abroad and lowered duties on diesel shipments. These measures shift the government's take of oil export profits by adjusting levies based on the specific fuel type.

The windfall tax for petrol exports now stands at 2.5 rupees per litre, a rate increase that coincides with a reduction in the taxes applied to diesel. The policy changes were announced Oct 15 to rebalance the fiscal burden on energy exports.

Mapped to your portfolio

Possible scenarios

45%Modest Tax Absorbed-0.0%
25%Policy Tightening Extends-0.0%
20%Levy Eased Back+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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India Raises Petrol Export Windfall Tax to 2.5 Rupees per Litre

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Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Modest Tax Absorbed-0.0%
25%Policy Tightening Extends-0.0%
20%Levy Eased Back+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.