India Cuts Windfall Tax on Diesel, ATF Exports

India has reduced the windfall tax on diesel and aviation turbine fuel (ATF) exports from May 1, 2026. Diesel export levy lowered to Rs 23 per litre from Rs 55.5, while ATF duty cut to Rs 33 per litre.

May 2026 Bank Holidays: State-Wise Closures in India

May 2026 brings a packed holiday calendar for banks across India with state-specific closures. Check the list of holidays on May 1, 9, 16, 26, 27, and 28, including Maharashtra Din, Buddha Purnima, Eid-Ul-Adha, and more.

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