An employee fills petrol in a vehicle at a fuel station in Mumbai, India, Saturday, June 11, 2022. (RAJANISH KAKADE / AP)

NEW DELHI – The Indian government has cut a windfall tax on domestically produced crude oil to 8,000 rupees per tonne from 10,500 rupees per tonne from Sunday, after a decline in global oil prices.

India has also scrapped an export tax on jet fuel and halved export duties on diesel to 5 rupees per liter from Sunday, a government notification said.