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RED DIESEL TAX RELIEF
Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...- US to ban diesel exports? Trump weighs drastic move as White House tells Ted Cruz ‘no’: ReportThe White House has assured Senator Ted Cruz that the Trump administration will not impose a blanket ban on US diesel exports, Bloomberg re...
- India doesn't plan huge changes to dispute resolution with foreign companies, source saysIndia is unlikely to make major changes to its bilateral investment treaty dispute-resolution framework, despite foreign businesses complai...
- India to continue diesel exports despite US ban threat, says Hardeep Singh Puri amid global fuel crunchIndia's Oil Minister Hardeep Puri reaffirmed the commitment to diesel exports amid potential US restrictions. The global diesel market face...
- Flash Flood risk in Eastern, Central India: IMD warns of waterlogging, flooding and landslides in Chhattisgarh, Odisha, Jharkhand, Bengal; Check affected areasHeavy rainfall across parts of eastern and central India may trigger waterlogging, flooding and landslides, with the IMD warning of flash-f...
- 50 litres per customer: Private pumps ration diesel as oil shock deepensPrivate fuel retailers have started limiting diesel sales at their pumps due to rising crude prices. Several Jio-BP outlets have imposed ca...
- Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
- US diesel futures fall on report of export ban plan; White House calls it fake newsUS diesel futures fell significantly following reports of a potential 90-day export ban. President Donald Trump expressed his support for t...
- TDS norms eased for buying NRI propertyThe CBDT has amended Income-tax Rules, 2026, allowing buyers to deposit and report TDS under Section 393(2) of the Income-tax Act, 2025 thr...
- US citizen received Rs 30 lakh income tax demand notice in India, was denied India-US DTAA relief due to a mistake: Know how she won at ITAT DelhiRs 30 lakh income tax demand notice and India-US DTAA benefit denied to US citizen; she fights and wins case in ITAT Delhi; Know how
- Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
- Trump backs the idea of a ban on diesel exports to curb the soaring energy costsUS President Donald Trump has expressed support for a possible ban on diesel exports. This measure aims to address the escalating energy co...
- US fuel prices surge ahead of midterm elections 2026; Republican candidates face pressure as voters struggle with rising costsWith midterm elections looming, soaring diesel prices are causing alarm among Republican candidates. In response to the economic strain, ma...
- Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
- BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
- New York energy rebate checks 2026: Who is eligible, when will you get it and how much?New York has begun mailing POWER energy rebate checks to eligible taxpayers in 2026. Payments range from $100 to $200 depending on filing s...
- Reliance Industries shares gain as govt slashes windfall tax on fuel exports; stock down 21% in 2026 so farReliance Industries shares saw a gain following the government's reduction in windfall taxes on fuel exports. The duty on diesel and petrol...
- India slashes windfall tax on petrol, diesel, ATF exportsThe government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This...
- What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
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