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Govt cuts windfall tax on diesel, ATF exports but raises levy on domestic crude
The government on Tuesday evening cut the windfall tax on diesel and ATF in line with softening int…
PTI
Pakistan's petrol, diesel prices continue to surge amid social unrest
Rupees (PKR) taking the price past 300 PKR, Geo News reported on Friday. The Finance Division said …
ANI
Gone with the windfall tax: ONGC loses a fifth of its market value
State-run oil and natural gas explorer ONGC lost a fifth of its value in just a week after the Indi…
IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning
State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…
PTI
Stocks unlikely to be impacted by windfall tax removal
Windfall tax or the Special Additional Excise Duty (SAED) on domestically produced crude petroleum …
GST Council meet: No new tax on food delivery apps Swiggy, Zomato
It extended the period of concessional GST rates on certain COVID-related drugs by three mo…
PTI
For every ₹100 spent on petrol and diesel in India, ₹70 goes towards taxes
Amid the falling crude prices, the cash-strapped Indian government has increased the excise duty on…
ATF price slashed by 2.3 pc to Rs 1.17 lakh per kilolitre
Jet fuel (ATF) price was on Thursday reduced by 2.3 per cent, reflecting softening international oi…
PTI
Assam is making fuel and alcohol cheaper to woo voters ahead of the Assembly Elections in April
The removal of these taxes, this will make petrol and diesel cheaper by ₹5 and the cost of alcoh…
Petrol price is now past ₹84 in Delhi, over 62% of it is taxes
Petrol prices hit an all-time high today after the state-owned fuel companies hiked the prices once…
Diesel is now costlier than petrol for the first time in India
In the Capital, diesel is now priced at Rs 79.88 per litre while petrol prices remains at Tuesda…
Petrol and diesel prices hiked for the 12th time in two weeks
Petrol and diesel prices hiked for the 12th time in two weeks by 40 paise per litre. The prices of …
Petrol, diesel prices hiked for the ninth time in 10 days
The price of petrol and diesel were hiked again by 80 paise per litre today, March 31, for the nint…
Petrol and diesel get more expensive in Odisha as government hikes value-added tax
The Odisha government has hiked Value Added Tax (VAT) on petrol from 26 per cent to 32 per cent and…
Petrol and diesel prices are rising as states hike tax to cover coronavirus cost— the steepest hike is in Delhi
Yesterday, the Delhi government imposed a 70% fee on the maximum retail price …
Special tax on petrol, diesel to mop up revenue to Exchequer
The notification issued by the Secretary to Finance Shurbir Singh pointed out that the tax would be…
PTI
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
Petrol price hiked by 40 paise per litre, diesel by 45 paise as fuel prices rise for fourth day in a row
Rates have been increased across the country and vary from state to state depending on the inci…
PTI
Inside the furious debate over New York City's new tax on drivers, which New Jersey Democrats are fighting against tooth and nail
Supporters of NYC's new driver tax say the MTA "bungled" the policy roll-out and stoked a massive o…
Eliza Relman
Gas prices have hit record highs but don't expect Biden to lower them: 'They already used their biggest bullet'
"Now [the Biden Administration] is in a fairly desperate situation. It may be an impossible task," …