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Government Increases Special Tax on Petroleum Products

  • Government increases special consumption tax on petroleum products
  • Tax hike affects gasoline, diesel, and other related products
  • Aimed at boosting government revenue
  • Expected to impact fuel prices and consumer costs
  • Public and transport sectors likely to be most affected

Source: research.ibfd.org

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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