Excise Duty On Fuel
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Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
- Monday December 2, 2024
- Business News | Press Trust of India
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
- www.ndtv.com
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Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
- Friday February 2, 2024
- Business News | Reported by Himanshu Shekhar Mishra, Edited by Shatabdi Chowdhury
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
- www.ndtv.com
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Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"
- Tuesday July 25, 2023
- India News | Reported by Sunil Prabhu, Edited by Akhil Kumar
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
- www.ndtv.com
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Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
- Friday July 8, 2022
- Business | Press Trust of India
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies.
- www.ndtv.com/business
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Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
- Sunday July 3, 2022
- Business | Press Trust of India
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said.
- www.ndtv.com/business
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No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
- Thursday June 23, 2022
- Business | Press Trust of India
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
- www.ndtv.com/business
-
Petrol, Diesel Price Cut Anytime Soon? Not Likely
- Tuesday June 21, 2022
- Business | Edited by Prashun Talukdar
Petrol and diesel prices have been kept steady for a month after the government's much-needed move to cut excise duty on May 21.
- www.ndtv.com/business
-
Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
- Monday June 20, 2022
- Business | Edited by Animesh Singh
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
- www.ndtv.com/business
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
- Thursday June 9, 2022
- Business | Edited by Animesh Singh
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
- www.ndtv.com/business
-
Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
- Tuesday June 7, 2022
- Business | Press Trust of India
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
- www.ndtv.com/business
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
- Thursday June 2, 2022
- Business | Press Trust of India
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
- www.ndtv.com/business
-
Petrol, Diesel Prices Kept Steady After Excise Duty Cut. See Rates
- Monday May 30, 2022
- Business | Edited by NDTV Business Desk
Petrol and diesel prices on Monday remained unchanged across metros after the Centre decided to reduce excise duty on fuel.
- www.ndtv.com/business
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
- Monday December 2, 2024
- Business News | Press Trust of India
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
- www.ndtv.com
-
Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
- Friday February 2, 2024
- Business News | Reported by Himanshu Shekhar Mishra, Edited by Shatabdi Chowdhury
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
- www.ndtv.com
-
Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"
- Tuesday July 25, 2023
- India News | Reported by Sunil Prabhu, Edited by Akhil Kumar
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
- www.ndtv.com
-
Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
- Friday July 8, 2022
- Business | Press Trust of India
The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic excise duty on ATF or jet fuel bought from oil marketing companies.
- www.ndtv.com/business
-
Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
- Sunday July 3, 2022
- Business | Press Trust of India
The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue that the government lost when it cut excise duty on petrol and diesel to cool soaring inflation, industry sources said.
- www.ndtv.com/business
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
- Thursday June 23, 2022
- Business | Press Trust of India
Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices
- www.ndtv.com/business
-
Petrol, Diesel Price Cut Anytime Soon? Not Likely
- Tuesday June 21, 2022
- Business | Edited by Prashun Talukdar
Petrol and diesel prices have been kept steady for a month after the government's much-needed move to cut excise duty on May 21.
- www.ndtv.com/business
-
Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
- Monday June 20, 2022
- Business | Edited by Animesh Singh
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
- www.ndtv.com/business
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
- Thursday June 9, 2022
- Business | Edited by Animesh Singh
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
- www.ndtv.com/business
-
Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
- Tuesday June 7, 2022
- Business | Press Trust of India
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
- www.ndtv.com/business
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
- Thursday June 2, 2022
- Business | Press Trust of India
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
- www.ndtv.com/business
-
Petrol, Diesel Prices Kept Steady After Excise Duty Cut. See Rates
- Monday May 30, 2022
- Business | Edited by NDTV Business Desk
Petrol and diesel prices on Monday remained unchanged across metros after the Centre decided to reduce excise duty on fuel.
- www.ndtv.com/business