Fuel Tax
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GST Council Increases Tax On Used EV Car Sale By Business
- Sunday December 22, 2024
- Business News | Press Trust of India
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
- www.ndtv.com
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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The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.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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Fuel Price Hike In Punjab After Value Added Tax Increases On Petrol, Diesel
- Thursday September 5, 2024
- India News | Press Trust of India
The Punjab Cabinet on Thursday gave approval to hike value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.
- www.ndtv.com
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Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
- Wednesday August 14, 2024
- World News | Agence France-Presse
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
- www.ndtv.com
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How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
- Friday July 26, 2024
- India News | NDTV News Desk
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
- www.ndtv.com
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Tax On Fuel Reduced, Aid For Women: Key Takeaways From Maharashtra Budget
- Friday June 28, 2024
- India News | Asian News International
Maharashtra Deputy Chief Minister Ajit Pawar presented the state budget on Friday in the Maharashtra Assembly during the ongoing Monsoon Session announced 'Mukhyanantri Majhi Ladki Bahin' a scheme under which all women between 21 and 60 years will b
- www.ndtv.com
-
Petrol, Diesel To Get Costlier In Karnataka After Hike In Sales Tax On Fuel
- Sunday June 16, 2024
- India News | Press Trust of India
Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier.
- www.ndtv.com
-
Petrol Pumps In Rajasthan Begin 2-Day Strike Demanding Tax Reduction
- Sunday March 10, 2024
- India News | Asian News International
The Rajasthan Petrol Dealers Association has announced a "No Purchase, No Sale" strike starting at 6 am on Sunday for the next 48 hours with the aim of drawing the attention of the government to the high fuel prices in the state.
- 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
-
Windfall Tax On Crude Oil Hiked And Cut For Aviation Fuel
- Friday September 15, 2023
- Business | Reuters
The government has increased the windfall tax on petroleum crude to 10,000 rupees ($120.36) per ton from 6,700 rupees, effective September 16, according to a government notification on Friday.
- www.ndtv.com/business
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Over 6,300 Fuel Stations Shut In Rajasthan Due To Strike Over High Taxes
- Wednesday September 13, 2023
- India News | Press Trust of India
More than 6,300 petrol pumps in Rajasthan remained closed from 10 am to 6 pm on Wednesday as part of a strike called by operators against high Value Added Tax (VAT) on diesel and petrol.
- www.ndtv.com
-
Rajasthan Petrol Pumps To Stay Shut Amid Strike Over Rising VAT Rates
- Wednesday September 13, 2023
- India News | Press Trust of India
Fuel pumps will remain closed from 10 am to 6 pm on Wednesday and Thursday across the state, as the Rajasthan Petroleum Dealers Association has called for a strike to protest high value-added tax (VAT) rate on fuel.
- www.ndtv.com
-
"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
- Friday August 4, 2023
- India News | Press Trust of India
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
- 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
-
Switzerland Set To Introduce Global Minimum Corporate Tax, Climate Law
- Sunday June 18, 2023
- World News | Reuters
Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.
- www.ndtv.com
-
GST Council Increases Tax On Used EV Car Sale By Business
- Sunday December 22, 2024
- Business News | Press Trust of India
The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on the sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the 'one-nation-one-tax' regime.
- www.ndtv.com
-
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
-
Fuel Price Hike In Punjab After Value Added Tax Increases On Petrol, Diesel
- Thursday September 5, 2024
- India News | Press Trust of India
The Punjab Cabinet on Thursday gave approval to hike value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.
- www.ndtv.com
-
Russia Extends Petrol Exports Ban Until 2025 To "Maintain Stable Situation"
- Wednesday August 14, 2024
- World News | Agence France-Presse
The Russian government announced Wednesday that it was reintroducing a ban on petrol exports for another six months to "maintain a stable situation" on the domestic fuel market after major price hikes.
- www.ndtv.com
-
How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
- Friday July 26, 2024
- India News | NDTV News Desk
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
- www.ndtv.com
-
Tax On Fuel Reduced, Aid For Women: Key Takeaways From Maharashtra Budget
- Friday June 28, 2024
- India News | Asian News International
Maharashtra Deputy Chief Minister Ajit Pawar presented the state budget on Friday in the Maharashtra Assembly during the ongoing Monsoon Session announced 'Mukhyanantri Majhi Ladki Bahin' a scheme under which all women between 21 and 60 years will b
- www.ndtv.com
-
Petrol, Diesel To Get Costlier In Karnataka After Hike In Sales Tax On Fuel
- Sunday June 16, 2024
- India News | Press Trust of India
Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier.
- www.ndtv.com
-
Petrol Pumps In Rajasthan Begin 2-Day Strike Demanding Tax Reduction
- Sunday March 10, 2024
- India News | Asian News International
The Rajasthan Petrol Dealers Association has announced a "No Purchase, No Sale" strike starting at 6 am on Sunday for the next 48 hours with the aim of drawing the attention of the government to the high fuel prices in the state.
- 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
-
Windfall Tax On Crude Oil Hiked And Cut For Aviation Fuel
- Friday September 15, 2023
- Business | Reuters
The government has increased the windfall tax on petroleum crude to 10,000 rupees ($120.36) per ton from 6,700 rupees, effective September 16, according to a government notification on Friday.
- www.ndtv.com/business
-
Over 6,300 Fuel Stations Shut In Rajasthan Due To Strike Over High Taxes
- Wednesday September 13, 2023
- India News | Press Trust of India
More than 6,300 petrol pumps in Rajasthan remained closed from 10 am to 6 pm on Wednesday as part of a strike called by operators against high Value Added Tax (VAT) on diesel and petrol.
- www.ndtv.com
-
Rajasthan Petrol Pumps To Stay Shut Amid Strike Over Rising VAT Rates
- Wednesday September 13, 2023
- India News | Press Trust of India
Fuel pumps will remain closed from 10 am to 6 pm on Wednesday and Thursday across the state, as the Rajasthan Petroleum Dealers Association has called for a strike to protest high value-added tax (VAT) rate on fuel.
- www.ndtv.com
-
"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
- Friday August 4, 2023
- India News | Press Trust of India
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
- 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
-
Switzerland Set To Introduce Global Minimum Corporate Tax, Climate Law
- Sunday June 18, 2023
- World News | Reuters
Swiss voters looked set to approve proposals to introduce a global minimum tax on businesses and a climate law that aims to cut fossil fuel use and reach zero emissions by 2050, projections by public broadcaster SRF showed on Sunday.
- www.ndtv.com