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Live Updates  >  Live Update Details

2026-07-16 02:14:13

India has reduced the special surcharge (windfall profits tax) on gasoline exports from 4 rupees per liter to 2.5 rupees per liter, effective July 16. This windfall profits tax adjustment is a dynamic measure in India's tax policies related to refined petroleum exports. Such tax rate changes are typically formulated by comprehensively considering factors such as international oil price trends, domestic supply and demand of refined petroleum products, and the operating conditions of relevant export companies, and will also have a corresponding impact on the country's refined petroleum product export volume and regional refined petroleum product market supply.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

 4016.36

40.10

(1.01%)

XAG

 55.884

0.395

(0.71%)

CONC

 81.77

3.49

(4.46%)

OILC

 88.08

3.22

(3.80%)

USD

 100.759

0.039

(0.04%)

EURUSD

 1.1438

-0.0004

(-0.03%)

GBPUSD

 1.3455

-0.0022

(-0.17%)

USDCNH

 6.7769

0.0044

(0.06%)

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