The Indian government has increased the windfall tax on exports of crude oil and diesel in an effort to boost revenue and stabilize fuel prices. The decision comes amid concerns over rising global oil prices and their impact on inflation. The tax increase is aimed at capturing a larger share of the gains made by oil companies due to higher international prices. This move is expected to help the government raise additional funds while also addressing the challenges posed by volatile oil markets. The increased tax is part of the government’s broader strategy to manage economic pressures and ensure stability in the energy sector.