Excise Duty Cut On Petrol And Diesel
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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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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.
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No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
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
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Petrol, Diesel Price Cut Anytime Soon? Not Likely
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.
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Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
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Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
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Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
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RBI Expected To Hike Repo Rate By 0.40% Next Week: Report
RBI is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary policy next week, a foreign brokerage said
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Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
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India's May Diesel Sales Slide: Report
Daily gasoil sales of Indian state refiners declined in May from April as lower consumer spending curtailed truck movement in the country
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Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on May 31, 2022 for the tenth day across the four metros
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Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on May 29, 2022 for the eighth day across the four metros
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No Plans For Additional Borrowing This Fiscal: Government Sources
Government is not planning any additional borrowing and will stick to the borrowing target fixed for the current fiscal year
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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
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Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
-
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.
-
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.
-
No Further Fuel Excise Duty Cut To Help Government Meet Fiscal Deficit Target: Report
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
-
Petrol, Diesel Price Cut Anytime Soon? Not Likely
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.
-
Excise Duty Cuts On Fuel Poses Risk To Fiscal Deficit: Finance Ministry
Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
-
Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
-
RBI Expected To Hike Repo Rate By 0.40% Next Week: Report
RBI is expected to go for another rate hike of 0.40 per cent at the scheduled review of the monetary policy next week, a foreign brokerage said
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
-
India's May Diesel Sales Slide: Report
Daily gasoil sales of Indian state refiners declined in May from April as lower consumer spending curtailed truck movement in the country
-
Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on May 31, 2022 for the tenth day across the four metros
-
Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on May 29, 2022 for the eighth day across the four metros
-
No Plans For Additional Borrowing This Fiscal: Government Sources
Government is not planning any additional borrowing and will stick to the borrowing target fixed for the current fiscal year
-
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
-
Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
