West Asia crisis: Govt considering customs duty cut on critical induction cooktop componentsIn a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additi...
22 Apr, 2026, 06.39 PM IST
India doubles 5-kg LPG cylinder quota to ease supply concerns amid Hormuz tensionsThe government has doubled the daily quota of 5-kg LPG cylinders for migrant workers. This move aims to stabilize fuel supplies amidst glob...
07 Apr, 2026, 08.42 PM IST
Petrol, diesel sales rev up on festive rushIndia's petrol and diesel sales saw significant increases in September, driven by the festival season and higher vehicle sales following GS...
01 Oct, 2025, 11.18 PM IST
GST on cooking gas: Rent constrain hoteliers to pass on benefits to consumersThe Karnataka State Hoteliers' Association expressed its inability to pass on GST benefits to consumers, citing unchanged taxes on cooking ...
25 Sep, 2025, 04.45 PM IST
Cabinet to consider price caps on gas to stave off rates rising to USD 10.7 per mmAPM gas fields were allotted to ONGC and OIL before 1999. Production from these fields do not attract profit-sharing with the government, a...
26 Mar, 2023, 10.53 AM IST
98% of India's population will be covered with piped cooking gas: MinisterMore than 82 per cent of India's land area and 98 per cent of the population will be covered with piped cooking gas after the latest round ...
28 Mar, 2022, 05.31 PM IST
Niti Aayog for end to price curbs on local natgasThe Aayog has sent its gas price reform proposal to the petroleum ministry for consultation. It also wants natural gas included in the ambi...
15 Mar, 2022, 12.53 AM IST
GST rate cuts: The complete list of what all becomes cheap and what notThe council has so far taken more than 190 items, including washing machines and leather goods, out of the highest tax rate.
22 Dec, 2018, 05.28 PM IST
LPG price hike order scrapped after negative feedbackThe price of subsidized LPG was last raised by Rs 4.50 per cylinder on November 1 to Rs 495.69, according to a price notification issued by...
28 Dec, 2017, 11.21 PM IST
Natural gas may come under GST in 2018A top revenue department official said as the Centre and states are assured of revenue flows, natural gas can be the next big item to be in...
24 Dec, 2017, 03.30 PM IST
Tax rates for subsidised kerosene & cooking gas rose up to 5%: Oil MinistryIn many other states, tax rates remained unchanged or rose just a bit. The GST rate is 5% on domestic cooking gas, and 18% on non-domestic ...
25 Aug, 2017, 05.40 PM IST
In line with govt decision to raise rates every month, subsidised LPG price hiked by Rs 2 per cylinderA subsidised 14.2-kg of cylinder now costs Rs 479.77 in Delhi as against Rs 477.46 previously, according to Indian Oil Corp, the nation's l...
01 Aug, 2017, 11.06 PM IST
CNG price hiked by Rs 1.11 per kg, PNG by 33 paise per unit in DelhiThe revision would result in an increase of Rs 1.11 per kg in the consumer price of CNG in Delhi and Rs 1.27 per kg in the same in Noida, G...
25 Jul, 2017, 08.39 PM IST
Oilmin to Finmin: Allow input tax credit on five productsOil ministry has told finance ministry that stranded tax would become a major burden on oil companies and must be addressed quickly.
10 Jul, 2017, 01.34 AM IST
GST, cut in subsidy drive up LPG cylinder priceLPG has been put in the 5% GST slab. Earlier, most states such as Delhi did not tax the green fuel, while some levied VAT ranging between 2...
03 Jul, 2017, 11.11 AM IST
Oil firms may take a collective hit of Rs 25,000 crore as a result of GSTAll downstream companies such as IOC, Bharat Petroleum and Hindustan Petroleum Corporation will together have to bear an impact of about Rs...
22 May, 2017, 12.59 AM IST
Budget 2012: OilMin demands extra duty of Rs 80,000 on diesel vehiclesReddy met Mukherjee this afternoon with a long-list of proposals concerning the oil and gas sector for consideration in Budget 2012-13.
27 Jan, 2012, 09.02 PM IST