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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
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
Supreme Court grants bail to Chief Minister Arvind Kejriwal in Liquor scam case
The Supreme Court granted bail to Chief Minister Arvind Kejriwal in a corruption case related to th…
ANI
Xbox unveils all-digital series X, teases COD and Doom releases at Games Showcase! Indian prices to be revealed soon
After months of swirling rumours, Xbox has finally lifted the curtain on an array of new hardware u…
Excise policy case: Delhi court sends CM Kejriwal to judicial custody till April 15
Chief Minister Arvind Kejriwal was produced before Special Judge Kaweri Baweja of the Rouse Avenue …
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…
India’s exports have a long way to go and the curbs are not helping
During 2021-22, India exported goods and services worth $669.7 billion (22.8% of GDP) as against $5…
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
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
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.
Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union Budget
"There is substantial proof that tobacco increases risk for severe Covid infection and complicatio…
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…
What is Excise Duty and How it is calculated
Excise duty is levied on the goods that are manufactured within India as against the custom du…
Indian government is softening the inflation blow with export bans, duty cuts and subsidies
The CPI inflation touched an eight-year high in April, at 7.79%. The rising inflation will not come…
Assam govt hikes excise duty on IMFL by 25 per cent
At meeting the Cabinet also decided to give nod to the Assam Agricultural Produce and Livestock Mar…
PTI
Record excise duty hike unlikely to help bridge fiscal gap: Report
On growth, the report said best case scenario offers 1.5 per cent growth in FY21, lower than the 2…
PTI
Goa hikes excise duty on hard liquor and beer by up to ₹30 per litre
The hike in top quality hard liquor, according to a government notification, has been pegged bet…
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…