How do the government's updated fuel export taxes impact common citizens?
On Thursday, the central government increased the windfall tax applied to diesel and aviation turbine fuel exports, while simultaneously lowering the export duty on petrol. Typically, adjustments to windfall taxes are made to either limit exports to bolster local fuel availability or to redirect surplus profits toward the public. These latest tax modifications are not expected to have any impact on the retail costs of petrol, diesel, or air travel.
by shortkt.com✓