News > Windfall taxes won't take the wind off Reliance's earnings say experts

Windfall taxes won't take the wind off Reliance's earnings say experts

The special additional excise duty on exports of crude, petrol, diesel, and aviation turbine fuel announced by the Central government recently will not have any major impact on Reliance Industries Ltd ( RIL ), said experts. 

The experts also said the additional duties will more than compensate the government which had cut the excise duty on petrol and diesel in May.