Windfall tax: RILs refining margins to be hit by upto $8/bbl, say analysts - Business Standard

The government has imposed a sharp windfall tax of Rs 13 per litre on diesel exports and Rs 6 per litre on gasoline exports

With the government making it clear that the new windfall tax will also be imposed on special economic zones, Reliance Industries' gross refining margins (GRMs) will be negatively impacted by $6-8 a … [+3717 chars]

full article...