The central government has reduced windfall tax on crude petroleum, according to a government notif…

The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…

The government's revenue generation through levy of excise duty saw a growth of 126 per cent bet…

During 2021-22, India exported goods and services worth $669.7 billion (22.8% of GDP) as against $5…

State-run oil and natural gas explorer ONGC lost a fifth of its value in just a week after the Indi…

"The levy of excise duty on tobacco and tobacco products is a matter of public policy and this…

The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…

Read more for fall in price of petrol and diesel prices in different states.

The Odisha government has hiked Value Added Tax (VAT) on petrol from 26 per cent to 32 per cent and…

The CPI inflation touched an eight-year high in April, at 7.79%. The rising inflation will not come…

"There is substantial proof that tobacco increases risk for severe Covid infection and complicatio…

However, the notification clarified that the retail price of fuels won't rise to avoid hurting t…

"The GST rates on goods are fixed on the basis of GST Council recommendations. At present, the…

Excise duty is levied on the goods that are manufactured within India as against the custom du…

Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …

Service tax is applicable to be paid by the entities that provide services like consulting…

This is the second hike in excise duty in less than two months and will help government garner …

On growth, the report said best case scenario offers 1.5 per cent growth in FY21, lower than the 2…

Hurting from the huge revenue losses due to lockdown, the Rajasthan government has increased exc…

Petroleum products should be brought under the Goods & Services Tax (GST) ambit, according to i…