Tax On Petroleum
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War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
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Windfall Tax On Crude Petroleum Cut To Zero
The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.
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Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
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Centre Cuts Windfall Tax On Petroleum Crude, New Rates Effective From Today
India has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from May 16, according to a notification issued on Wednesday.
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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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Rajasthan Petrol Pumps To Stay Shut Amid Strike Over Rising VAT Rates
Fuel pumps will remain closed from 10 am to 6 pm on Wednesday and Thursday across the state, as the Rajasthan Petroleum Dealers Association has called for a strike to protest high value-added tax (VAT) rate on fuel.
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"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
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Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
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Finance Minister Nirmala Sitharaman Defends Windfall Tax On Crude, Oil Product Exports
Finance Minister Nirmala Sitharaman on Monday defended the windfall tax on domestically produced crude oil and additional tax on exports of refined petroleum products, saying the levy has been imposed in full consultation with the industry.
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4-Day Work Week Floated To Combat Rising Costs In This Country
Philippine economic managers rejected calls to suspend excise taxes on petroleum products, instead pitching for more subsidies to affected sectors and a shorter work week to cut costs.
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War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
-
Windfall Tax On Crude Petroleum Cut To Zero
The government on Tuesday slashed windfall tax on domestically produced crude oil to 'nil' per tonne with effect from September 18.
-
Windfall Tax On Crude Petroleum Hiked To Rs 7,000 Per Tonne
The government on Monday hiked the windfall tax on domestically produced crude oil to Rs 7,000 per tonne, from Rs 6,000 per tonne.
-
Centre Cuts Windfall Tax On Petroleum Crude, New Rates Effective From Today
India has cut the windfall tax on petroleum crude to 5,700 rupees ($68.34) per metric ton from 8,400 rupees with effect from May 16, according to a notification issued on Wednesday.
-
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.
-
Rajasthan Petrol Pumps To Stay Shut Amid Strike Over Rising VAT Rates
Fuel pumps will remain closed from 10 am to 6 pm on Wednesday and Thursday across the state, as the Rajasthan Petroleum Dealers Association has called for a strike to protest high value-added tax (VAT) rate on fuel.
-
"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
-
Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
-
Finance Minister Nirmala Sitharaman Defends Windfall Tax On Crude, Oil Product Exports
Finance Minister Nirmala Sitharaman on Monday defended the windfall tax on domestically produced crude oil and additional tax on exports of refined petroleum products, saying the levy has been imposed in full consultation with the industry.
-
4-Day Work Week Floated To Combat Rising Costs In This Country
Philippine economic managers rejected calls to suspend excise taxes on petroleum products, instead pitching for more subsidies to affected sectors and a shorter work week to cut costs.
