Tax Hikes
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Oil Firms Return Profits As Dividends That Fund Roads, Highways: Sources
Roughly half the profit that oil firms make each year are returned to the centre as as dividend, with corporate tax on top. It funds roads, highways, railways, metros and the broader public investment programme, sources have said
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Petrol Costliest In Telangana, Revanth Reddy Under Fire Over High Tax
BRS Deputy Floor Leader T Harish Rao has written an open letter to Chief Minister Revanth Reddy demanding an immediate reduction in VAT on petrol and diesel
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Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
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How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
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Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?
OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease burdens.
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Australia Proposes To Tax Meta, Google, TikTok To Fund Journalists
The proposed News Bargaining Incentive would charge major platforms that choose not to strike commercial deals with news publishers a 2.25% tax on their Australian revenue.
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Moto Pad 60 Pro and Moto Pad 60 Neo Receive Price Hike in India, Tipster Claims
Motorola is said to have revised the prices of its tablets in India. According to details shared by a tipster, select models in the Moto Pad 60 series have received updated pricing across configurations. The move appears to impact both Pro and Neo variants of the Motorola Pad, including models that come bundled with a stylus. While the reason behin...
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Will Windfall Tax Hike On Aviation Fuel Fom ₹29.5 To ₹42 Per Litre Make Flying Costlier For Travellers?
Government's windfall tax hike on aviation turbine fuel (ATF) and other fuels is expected to have an impact on India's aviation sector.
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Why Budget Smartphones Are Suddenly Getting So Expensive
As prices rise, people are getting their old smartphones repaired instead of buying new ones.
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BJP Attacks Himachal Government Over Entry Tax Hike, Chief Minister Responds
Responding to the controversy, Chief Minister Sukhvinder Singh Sukhu assured that the government will take a "rational decision" on the matter.
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Ahead Of April 1 Toll Hike, Himachal Pradesh Border Sees Protests, Long Traffic Jams
The agitation led to a massive traffic jam that lasted for nearly two and a half hours.
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Bengaluru, Hyderabad, Pune, Ahmedabad Salaried Class Set For Secret Pay Hike?
The benefit, however, is tightly targeted. It applies only under the old tax regime and primarily helps mid to high income earners paying substantial rent.
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Intraday Traders Beware: Tax Hike To Eat Into Your Profits From April 1
Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first.
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Where Your Rs 2,000 Spent On Petrol Goes: Taxes, Iran And Oil Companies
Every litre of petrol or diesel you buy in India is a mix of crude oil cost, central and state taxes, and dealer margin, and geopolitical risk, particularly after the Iran war sent crude prices soaring.
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Hike In Himachal Toll From April 1. Cars To Pay Rs 170 Instead Of Rs 70
Come April 1, visitors to Himachal Pradesh would have to shell out more at toll barriers located at its entry points as the state's amended toll policy takes effect from the next fiscal -- drastically hiking fees for private vehicles from other state
-
Oil Firms Return Profits As Dividends That Fund Roads, Highways: Sources
Roughly half the profit that oil firms make each year are returned to the centre as as dividend, with corporate tax on top. It funds roads, highways, railways, metros and the broader public investment programme, sources have said
-
Petrol Costliest In Telangana, Revanth Reddy Under Fire Over High Tax
BRS Deputy Floor Leader T Harish Rao has written an open letter to Chief Minister Revanth Reddy demanding an immediate reduction in VAT on petrol and diesel
-
Fuel Price Hike: Why Petrol Costs Rs 117 In Hyderabad But Rs 102 In Delhi
Petrol, Diesel Price Today: States that need more revenue keep fuel taxes higher as fuel remains one of the most reliable source of tax collection.
-
How India's Timely Measures Absorbed Hit From Oil Shock
Diesel and petrol prices were increased by over 3 per cent last week, a modest hike compared to the surge in crude. The move reflects the government is trying to balance inflationary and fiscal pressures, and may go for staggered hikes as seen in the
-
Oil Companies Losing Rs 1,600 Crore Daily. Will Rs 3 Petrol Hike Be Enough?
OMCs' production costs have "gone through the roof in the past month", Petroleum Minister Hardeep Singh Puri said last month after the governemnt cut central excise taxes to ease burdens.
-
Australia Proposes To Tax Meta, Google, TikTok To Fund Journalists
The proposed News Bargaining Incentive would charge major platforms that choose not to strike commercial deals with news publishers a 2.25% tax on their Australian revenue.
-
Moto Pad 60 Pro and Moto Pad 60 Neo Receive Price Hike in India, Tipster Claims
Motorola is said to have revised the prices of its tablets in India. According to details shared by a tipster, select models in the Moto Pad 60 series have received updated pricing across configurations. The move appears to impact both Pro and Neo variants of the Motorola Pad, including models that come bundled with a stylus. While the reason behin...
-
Will Windfall Tax Hike On Aviation Fuel Fom ₹29.5 To ₹42 Per Litre Make Flying Costlier For Travellers?
Government's windfall tax hike on aviation turbine fuel (ATF) and other fuels is expected to have an impact on India's aviation sector.
-
Why Budget Smartphones Are Suddenly Getting So Expensive
As prices rise, people are getting their old smartphones repaired instead of buying new ones.
-
BJP Attacks Himachal Government Over Entry Tax Hike, Chief Minister Responds
Responding to the controversy, Chief Minister Sukhvinder Singh Sukhu assured that the government will take a "rational decision" on the matter.
-
Ahead Of April 1 Toll Hike, Himachal Pradesh Border Sees Protests, Long Traffic Jams
The agitation led to a massive traffic jam that lasted for nearly two and a half hours.
-
Bengaluru, Hyderabad, Pune, Ahmedabad Salaried Class Set For Secret Pay Hike?
The benefit, however, is tightly targeted. It applies only under the old tax regime and primarily helps mid to high income earners paying substantial rent.
-
Intraday Traders Beware: Tax Hike To Eat Into Your Profits From April 1
Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first.
-
Where Your Rs 2,000 Spent On Petrol Goes: Taxes, Iran And Oil Companies
Every litre of petrol or diesel you buy in India is a mix of crude oil cost, central and state taxes, and dealer margin, and geopolitical risk, particularly after the Iran war sent crude prices soaring.
-
Hike In Himachal Toll From April 1. Cars To Pay Rs 170 Instead Of Rs 70
Come April 1, visitors to Himachal Pradesh would have to shell out more at toll barriers located at its entry points as the state's amended toll policy takes effect from the next fiscal -- drastically hiking fees for private vehicles from other state
