SAED

WINDFALL TAX ON DIESEL: MEANING, RATIONALE AND IMPACT ON INDIA'S ENERGY SECTOR

A windfall tax (SAED) targets supernormal corporate profits arising from external crises. Recently hiked to ₹14/litre on diesel, India utilizes this tool to stabilize domestic fuel supplies, offset excise cuts, and curb inflation amidst the 2026 global energy crisis.