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India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
Levies on on petrol, diesel jump even as crude remains below $80/bbl
The government's revenue generation through levy of excise duty saw a growth of 126 per cent bet…
Gone with the windfall tax: ONGC loses a fifth of its market value
State-run oil and natural gas explorer ONGC lost a fifth of its value in just a week after the Indi…
Chidambaram triggers state vs center revenue debate after govt's excise cut on fuel
Senior Congress leader P Chidambaram on Sunday wondered whether the states can afford to give up re…
PTI
Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down
State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…
PTI
Indian government has cut duties on petrol and diesel and other BJP-ruled states follow suit
Read more for fall in price of petrol and diesel prices in different states.
Govt cuts windfall tax on domestic crude, export of diesel, ATF
The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…
PTI
Petrol and diesel get more expensive in Odisha as government hikes value-added tax
The Odisha government has hiked Value Added Tax (VAT) on petrol from 26 per cent to 32 per cent and…
The excise duty on petrol rises by ₹10 and on diesel by ₹13 starting May 6
However, the notification clarified that the retail price of fuels won't rise to avoid hurting t…
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …
PTI
The hike in excise duty on petrol and diesel is good news for these two companies
The rise in the price of petrol and diesel might force many consumers towards Compressed natural…
Breakup of Petrol and Diesel prices after Indian government raise excise duty by ₹3 per litre
Additionally, road cess on petrol was rais…
PTI
Govt hikes excise duty on petrol by record Rs 10, diesel by Rs 13
New Delhi, May 5 () The government on Tuesday evening hiked excise duty by a record Rs 10 per litr…
PTI
Petrol and diesel should come under GST, says industry body Assocham
Petroleum products should be brought under the Goods & Services Tax (GST) ambit, according to i…
Govt hikes excise duty on petrol by Rs 10/L, diesel by Rs 13/L
Last month, benchmark Brent crude oil dropped to as low as USD 18.10 per barrel - the lowest since…
PTI
India to gain ₹1.6 lakh crore this fiscal from record excise duty hike on petrol, diesel
This is the second hike in excise duty in less than two months and will help government garner …
PTI
Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8/litre in future
The government had on March 14 raised excise duty on petrol and diesel by Rs 3 per litre each to r…
PTI
Central govt to get Rs 1.6 lakh cr from record excise duty hike on petrol, diesel
Commenting on the excise duty hike, Vikas Halan, Senior Vice President, Corporate Finance, Moody's …