Fuel Tax Hike
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Fuel Price Hike In Punjab After Value Added Tax Increases On Petrol, Diesel
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.
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Petrol, Diesel To Get Costlier In Karnataka After Hike In Sales Tax On Fuel
Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier.
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Windfall Tax On Crude Oil Hiked And Cut For Aviation Fuel
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.
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Punjab Government Hikes VAT on Petrol, Diesel, Prices Increased
The Punjab government increased the Value-Added Tax (VAT) on fuel by 10% on Sunday, leading to an increase in the price of petrol and diesel in the state by 92 paise per litre and 88 paise per litre, respectively.
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Reliance Industries Shares Fall 3%; ONGC, Vedanta Too Decline
Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.
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Government Hikes Taxes On Jet Fuel Exports, Domestic Crude Oil
The government raised taxes on jet fuel exports to 9 rupees per liter from 2 rupees per liter, a notification said.
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No New Tax Or VAT Hike In Near Future In UP: Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath on Friday said that keeping in mind the larger public interest, the government has neither increased the VAT and nor has imposed any new tax in the state.
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IMF Agrees To Resume Pakistan Loan After Fuel, Tax Hikes
The International Monetary Fund (IMF) said Thursday it had agreed with Pakistan to resume a suspended loan programme that will inject $1.17 billion into the struggling economy.
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Fuel Export Curbs, Tax Hike To Intensify Global Diesel, Petrol Shortage
India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline (petrol) exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.
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Gold Import Tax Hike To Fuel Smuggling, Please Reconsider Decision: Industry Bodies
Jewellery and industry experts on Friday said the increase in import duty on gold to 15 per cent will fuel smuggling and urged the government to review the tariff rate on the yellow metal.
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Carnage For Reliance, ONGC Shares After Hike In Fuel Export Duty And Windfall Tax
Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.
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Retail Inflation Eased To 7.04% In May, But Too Early To Call A Peak
India's retail inflation eased to 7.04 per cent in May from a year ago, after hitting an eight-year high in April, data showed on Monday.
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BJP In West Bengal Threatens Protest If Fuel Tax Not Cut Within 15 Days
The BJP on Thursday threatened to go on an agitation if the West Bengal government does not cut taxes on fuel in the next 15 days.
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Government's Measures To Combat Inflation May Hurt Growth
India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening
-
"Injustice": PM Takes Aim At Opposition-Ruled States On High Fuel Prices
PM Modi today requested states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism". Listing fuel prices in cities across the country, PM Modi pointed out that states which had lowered have lower fuel prices.
-
Fuel Price Hike In Punjab After Value Added Tax Increases On Petrol, Diesel
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.
-
Petrol, Diesel To Get Costlier In Karnataka After Hike In Sales Tax On Fuel
Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier.
-
Windfall Tax On Crude Oil Hiked And Cut For Aviation Fuel
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.
-
Punjab Government Hikes VAT on Petrol, Diesel, Prices Increased
The Punjab government increased the Value-Added Tax (VAT) on fuel by 10% on Sunday, leading to an increase in the price of petrol and diesel in the state by 92 paise per litre and 88 paise per litre, respectively.
-
Reliance Industries Shares Fall 3%; ONGC, Vedanta Too Decline
Shares of Reliance Industries fell nearly 3 per cent on Thursday after the government raised the tax on export of diesel and jet fuel (ATF) and hiked the windfall profit levy on domestically-produced crude oil.
-
Government Hikes Taxes On Jet Fuel Exports, Domestic Crude Oil
The government raised taxes on jet fuel exports to 9 rupees per liter from 2 rupees per liter, a notification said.
-
No New Tax Or VAT Hike In Near Future In UP: Yogi Adityanath
Uttar Pradesh Chief Minister Yogi Adityanath on Friday said that keeping in mind the larger public interest, the government has neither increased the VAT and nor has imposed any new tax in the state.
-
IMF Agrees To Resume Pakistan Loan After Fuel, Tax Hikes
The International Monetary Fund (IMF) said Thursday it had agreed with Pakistan to resume a suspended loan programme that will inject $1.17 billion into the struggling economy.
-
Fuel Export Curbs, Tax Hike To Intensify Global Diesel, Petrol Shortage
India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline (petrol) exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.
-
Gold Import Tax Hike To Fuel Smuggling, Please Reconsider Decision: Industry Bodies
Jewellery and industry experts on Friday said the increase in import duty on gold to 15 per cent will fuel smuggling and urged the government to review the tariff rate on the yellow metal.
-
Carnage For Reliance, ONGC Shares After Hike In Fuel Export Duty And Windfall Tax
Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies.
-
Retail Inflation Eased To 7.04% In May, But Too Early To Call A Peak
India's retail inflation eased to 7.04 per cent in May from a year ago, after hitting an eight-year high in April, data showed on Monday.
-
BJP In West Bengal Threatens Protest If Fuel Tax Not Cut Within 15 Days
The BJP on Thursday threatened to go on an agitation if the West Bengal government does not cut taxes on fuel in the next 15 days.
-
Government's Measures To Combat Inflation May Hurt Growth
India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening
-
"Injustice": PM Takes Aim At Opposition-Ruled States On High Fuel Prices
PM Modi today requested states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism". Listing fuel prices in cities across the country, PM Modi pointed out that states which had lowered have lower fuel prices.
