Tax On Petrol And Diesel
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Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
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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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How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
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.
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Tax On Fuel Reduced, Aid For Women: Key Takeaways From Maharashtra Budget
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
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Petrol, Diesel To Get Costlier In Goa After Hike In Value Added Tax (VAT)
The Goa government has announced a hike in Value Added Tax (VAT) on petrol and diesel with effect from Saturday, which will raise the price of petrol by Re 1 and diesel by 36 paise, an official said.
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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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Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
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Petrol Pumps In Rajasthan Begin Indefinite Strike Demanding Tax Reduction
Petrol filling stations across Rajasthan, barring privately-owned and operated pumps, began an indefinite strike from 6 am today, demanding a reduction in Value-Added Tax (VAT) on petrol and diesel.
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Over 6,300 Fuel Stations Shut In Rajasthan Due To Strike Over High Taxes
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.
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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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Gujarat Earned Rs 38,760 Crore From Taxes On Petrol, Diesel In 2 Years
The Gujarat government earned Rs 38,730 crore from value-added tax (VAT) and cess on petrol, diesel, CNG and PNG in the last two years, the state legislative Assembly was informed on Monday.
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Reliance Shares Jump Over 4%; ONGC Surges 7% After Windfall Tax Cut
Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.
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"Because Ajit Pawar Managed Economy Well...": Sharad Pawar's Party On Fuel Price Cut
The Eknath Shinde-led Maharashtra government could reduce the Value Added Tax on petrol and diesel because previous finance minister Ajit Pawar kept the state's economy in a good shape, the Nationalist Congress Party (NCP) said on Thursday.
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Windfall Tax Review On Oil Retailers Likely After Sharp Fall In Global Crude Prices
A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished the super-profits of refiners, a report said on Wednesday.
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Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
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.
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
-
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.
-
How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
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.
-
Tax On Fuel Reduced, Aid For Women: Key Takeaways From Maharashtra Budget
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
-
Petrol, Diesel To Get Costlier In Goa After Hike In Value Added Tax (VAT)
The Goa government has announced a hike in Value Added Tax (VAT) on petrol and diesel with effect from Saturday, which will raise the price of petrol by Re 1 and diesel by 36 paise, an official said.
-
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.
-
Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
-
Petrol Pumps In Rajasthan Begin Indefinite Strike Demanding Tax Reduction
Petrol filling stations across Rajasthan, barring privately-owned and operated pumps, began an indefinite strike from 6 am today, demanding a reduction in Value-Added Tax (VAT) on petrol and diesel.
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Over 6,300 Fuel Stations Shut In Rajasthan Due To Strike Over High Taxes
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.
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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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Gujarat Earned Rs 38,760 Crore From Taxes On Petrol, Diesel In 2 Years
The Gujarat government earned Rs 38,730 crore from value-added tax (VAT) and cess on petrol, diesel, CNG and PNG in the last two years, the state legislative Assembly was informed on Monday.
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Reliance Shares Jump Over 4%; ONGC Surges 7% After Windfall Tax Cut
Shares of firms related to oil exploration and refineries were in heavy demand on Wednesday, with Reliance Industries and ONGC rallying after the government slashed windfall tax on petrol, diesel, jet fuel and crude oil.
-
"Because Ajit Pawar Managed Economy Well...": Sharad Pawar's Party On Fuel Price Cut
The Eknath Shinde-led Maharashtra government could reduce the Value Added Tax on petrol and diesel because previous finance minister Ajit Pawar kept the state's economy in a good shape, the Nationalist Congress Party (NCP) said on Thursday.
-
Windfall Tax Review On Oil Retailers Likely After Sharp Fall In Global Crude Prices
A massive crash in refining margins of diesel, petrol and ATF coinciding with a cool-off in crude oil prices from their peaks in June has diminished the super-profits of refiners, a report said on Wednesday.
-
Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
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.
