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Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%
•The government on Wednesday slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in international rates. It scrapped Rs 6 a litre tax on export of petrol and reduced the same on ATF from Rs 6 a litre to Rs 4
Petrol, diesel prices at record high: Govt may levy windfall tax on ONGC to curb spiralling retail fuel rates
•The government may levy a windfall tax on oil producers like ONGC as part of a permanent solution for moderating the spiralling prices of petrol and diesel