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"Say Bye To Diesel Soon, Otherwise...": Nitin Gadkari Warns Carmakers
In a warning to Indian carmakers, Union Transport Minister Nitin Gadkari today said that the government will have no option but to increase tax on diesel vehicles and make their sales "difficult" if manufacturers do not limit their production.
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Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
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Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
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Centre, States Must Think About Cutting Taxes On Petrol, Diesel: Minister
Minister of State for Finance Anurag Thakur on Monday said both the centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks.
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Congress Seeks Farm Loan Waiver, Petrol And Diesel Under GST In Budget
The Congress on Wednesday asked the government to announce a national farm loan waiver in the upcoming Union Budget and spell out measures to ensure that farmers' income doubles by 2022.
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Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcemen...
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Oil-Dependent Centre Indulging In Tokenism: P Chidambaram
After the government announced a Rs 2.50 per litre price cut on petrol and diesel, former Finance Minister P. Chidambaram on Thursday described it as "tokenism" saying the government had belatedly realised the "unbearable burden" on people.
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Essential To Bring Petrol, Diesel Under GST: Dharmendra Pradhan
Fuel price hike in the country is due to international factors and it has now become essential to bring petrol and diesel under the purview of GST, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said today.
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No GST On Petrol, Diesel In Near Future As Centre, States Not In Favour
The Union finance ministry has not mooted any proposal to bring petrol and diesel or even natural gas under GST but took up the issue at the last GST Council meeting on August 4 based on media reports.
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Bringing Petrol And Diesel Under GST Is Impractical, Says NITI Aayog Vice Chairman
The Vice Chairman of Niti Aayog, Rajiv Kumar says it's impractical to bring petroleum products under GST right now, owing to the state and center's high dependency on taxes that come from petrol and diesel .
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States Not In Favour Of Petrol, Diesel Inclusion Into GST, Says Arun Jaitley
The five petroleum items have been kept out of GST as they are considered cash cows, giving both the Centre and states bulk of their tax revenues.
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Trying To Bring Petrol, Diesel Under GST, Says Dharmendra Pradhan
The spike in petrol rates in the international market has impacted the cost of the fuel in India, the Union Oil Minister said.
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Auto Industry Seeks Two GST Rates For Passenger Vehicles
Currently, under the Goods and Services Tax (GST) regime, small petrol cars with engine capacity less than 1200cc attract 1 per cent cess, while diesel cars with engine capacity of less than 1500cc attract 3 per cent cess, on top of the 28 per cent tax.
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Maserati Levante Petrol To Be Launched In India In 2018
A few weeks ago, we exclusively brought you the Rs 1.65 Crore price point that the Maserati Levante would be launched at. While these prices were set before the increase in GST rates, expect the new launch prices to be around the Rs 1.80 Crore mark. And with the official launch just around the corner, we have some more information on the Italian au...
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Prices May Be Hit As Truckers Start 2-Day Strike Demanding GST On Diesel
Truck operators have begun their two-day nationwide strike to protest against the Goods and Services Tax or GST, diesel price hike and corruption on roads. The truckers' 2 day strike has been organised by truckers' association All India Motor Transport Congress (AIMTC).
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"Say Bye To Diesel Soon, Otherwise...": Nitin Gadkari Warns Carmakers
In a warning to Indian carmakers, Union Transport Minister Nitin Gadkari today said that the government will have no option but to increase tax on diesel vehicles and make their sales "difficult" if manufacturers do not limit their production.
-
Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
-
Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
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Centre, States Must Think About Cutting Taxes On Petrol, Diesel: Minister
Minister of State for Finance Anurag Thakur on Monday said both the centre and the states need to think about reducing taxes on petrol and diesel as their prices have risen sharply in the recent weeks.
-
Congress Seeks Farm Loan Waiver, Petrol And Diesel Under GST In Budget
The Congress on Wednesday asked the government to announce a national farm loan waiver in the upcoming Union Budget and spell out measures to ensure that farmers' income doubles by 2022.
-
Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcemen...
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Oil-Dependent Centre Indulging In Tokenism: P Chidambaram
After the government announced a Rs 2.50 per litre price cut on petrol and diesel, former Finance Minister P. Chidambaram on Thursday described it as "tokenism" saying the government had belatedly realised the "unbearable burden" on people.
-
Essential To Bring Petrol, Diesel Under GST: Dharmendra Pradhan
Fuel price hike in the country is due to international factors and it has now become essential to bring petrol and diesel under the purview of GST, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said today.
-
No GST On Petrol, Diesel In Near Future As Centre, States Not In Favour
The Union finance ministry has not mooted any proposal to bring petrol and diesel or even natural gas under GST but took up the issue at the last GST Council meeting on August 4 based on media reports.
-
Bringing Petrol And Diesel Under GST Is Impractical, Says NITI Aayog Vice Chairman
The Vice Chairman of Niti Aayog, Rajiv Kumar says it's impractical to bring petroleum products under GST right now, owing to the state and center's high dependency on taxes that come from petrol and diesel .
-
States Not In Favour Of Petrol, Diesel Inclusion Into GST, Says Arun Jaitley
The five petroleum items have been kept out of GST as they are considered cash cows, giving both the Centre and states bulk of their tax revenues.
-
Trying To Bring Petrol, Diesel Under GST, Says Dharmendra Pradhan
The spike in petrol rates in the international market has impacted the cost of the fuel in India, the Union Oil Minister said.
-
Auto Industry Seeks Two GST Rates For Passenger Vehicles
Currently, under the Goods and Services Tax (GST) regime, small petrol cars with engine capacity less than 1200cc attract 1 per cent cess, while diesel cars with engine capacity of less than 1500cc attract 3 per cent cess, on top of the 28 per cent tax.
-
Maserati Levante Petrol To Be Launched In India In 2018
A few weeks ago, we exclusively brought you the Rs 1.65 Crore price point that the Maserati Levante would be launched at. While these prices were set before the increase in GST rates, expect the new launch prices to be around the Rs 1.80 Crore mark. And with the official launch just around the corner, we have some more information on the Italian au...
-
Prices May Be Hit As Truckers Start 2-Day Strike Demanding GST On Diesel
Truck operators have begun their two-day nationwide strike to protest against the Goods and Services Tax or GST, diesel price hike and corruption on roads. The truckers' 2 day strike has been organised by truckers' association All India Motor Transport Congress (AIMTC).
