Centre cuts windfall tax on crude petrol to ₹6,300 per tonne
The government has also cut the special additional excise duty (SAED) on the exports of diesel to ₹1 per litre from ₹2 per litre earlier.
The government has also cut the special additional excise duty (SAED) on the exports of diesel to ₹1 per litre from ₹2 per litre earlier.
Following this development, shares of Oil & Natural Gas Limited (ONGC), the country’s largest oil and gas producer surged 4.08% to hit an intra-day high of ₹152 apiece on the Bombay Stock Exchange.