Excise Duty On Petrol
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Excise Duty Hiked On Petrol By Rs. 10 Per Litre, Diesel By Rs. 13
The Indian government on Tuesday raised the excise duty on the petrol and diesel to reap the extra revenue by not passing on gains from a slump for oil prices in the international market. According to the report from PTI, the government increased the excise duty on petrol by a record Rs. 10 per litre and Rs. 13 per litre on diesel. As per the indus...
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Coronavirus Pandemic: Government To Increase Excise Duty on Petrol, Diesel To Increase By Up To Rs. 8 Per Litre
Notably, Rs. 8 per litre hike would be a great move for the government as it would increase its annual excise collection from the sector to Rs. 1,20,000 crore. The increase in petroleum products along with saving over $15-20 billion in oil import bill in the financial year 2021 will ensure enough boost to bring the economy back on the track after n...
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No Scope For Further Excise Duty Cuts On Petrol, Diesel Prices: Source
The government had cut excise duty on the two fuels by Rs 2 a litre each last week but it did not result in lower retail prices as new taxes were added.
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Centre Evasive On Further Cut In Petrol, Diesel Excise Duty
Oil Minister Dharmendra Pradhan remained non-committal on cutting excise duty on petrol and diesel.
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Don't Change Excise On Transport Fuels, Suggests Arvind Subramanian
Following this week's cut in transport fuel prices, the Centre is likely to favour Chief Economic Advisor Arvind Subramanian's view that excise duty on petrol and diesel should not be cut in the future, said a senior official in Delhi.
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Jayalalithaa Slams Decision To Hike Excise Duty On Petrol, Diesel
Tamil Nadu Chief Minister J Jayalalithaa today asked the Centre to shun its 'narrow perspective' of hiking excise duty on petrol and diesel to meet its revenue deficit, saying it should withdraw the latest revision keeping in mind the long-term interest of overall
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Excise Duty On Petrol & Diesel Increased; No Impact on Prices
The government today raised excise duty on petrol by Rs 2.25 per litre and by Rs 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.
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Excise Duty Hiked On Petrol By Rs. 10 Per Litre, Diesel By Rs. 13
The Indian government on Tuesday raised the excise duty on the petrol and diesel to reap the extra revenue by not passing on gains from a slump for oil prices in the international market. According to the report from PTI, the government increased the excise duty on petrol by a record Rs. 10 per litre and Rs. 13 per litre on diesel. As per the indus...
-
Coronavirus Pandemic: Government To Increase Excise Duty on Petrol, Diesel To Increase By Up To Rs. 8 Per Litre
Notably, Rs. 8 per litre hike would be a great move for the government as it would increase its annual excise collection from the sector to Rs. 1,20,000 crore. The increase in petroleum products along with saving over $15-20 billion in oil import bill in the financial year 2021 will ensure enough boost to bring the economy back on the track after n...
-
No Scope For Further Excise Duty Cuts On Petrol, Diesel Prices: Source
The government had cut excise duty on the two fuels by Rs 2 a litre each last week but it did not result in lower retail prices as new taxes were added.
-
Centre Evasive On Further Cut In Petrol, Diesel Excise Duty
Oil Minister Dharmendra Pradhan remained non-committal on cutting excise duty on petrol and diesel.
-
Don't Change Excise On Transport Fuels, Suggests Arvind Subramanian
Following this week's cut in transport fuel prices, the Centre is likely to favour Chief Economic Advisor Arvind Subramanian's view that excise duty on petrol and diesel should not be cut in the future, said a senior official in Delhi.
-
Jayalalithaa Slams Decision To Hike Excise Duty On Petrol, Diesel
Tamil Nadu Chief Minister J Jayalalithaa today asked the Centre to shun its 'narrow perspective' of hiking excise duty on petrol and diesel to meet its revenue deficit, saying it should withdraw the latest revision keeping in mind the long-term interest of overall
-
Excise Duty On Petrol & Diesel Increased; No Impact on Prices
The government today raised excise duty on petrol by Rs 2.25 per litre and by Rs 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.
