As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation schemeIndiGo shares are in focus after state-run fuel retailers raised aviation turbine fuel prices by around 10% while introducing a three-year ...
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...
Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
Government revises windfall tax on fuel exports from June 1New windfall tax rates on fuel exports take effect from June 1, 2026. Taxes are back on diesel and aviation turbine fuel after a period of ...
India must be alert amid West Asia crisis, no immediate worry: Civil aviation ministerIndia must stay alert to West Asia crisis fallout, though not worried now. Civil Aviation Minister Kinjarapu Rammohan Naidu stated this in ...
Kotak warns of massive fuel under-recoveries despite recent Rs 3/litre price hikeFuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude o...
Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
Fuel price hike may push inflation up by 20 bps, say expertsFuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider pr...
Four years of frozen fuel prices end as Iran war bites: India raises petrol, diesel by Rs 3/litre but oil firms say it's not enoughFuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduc...
Govt imposes ₹3/litre windfall tax on petrol exports; cuts diesel, ATF leviesThe government has introduced a windfall gains tax of Rs 3 per litre on petrol exports. Levies on diesel exports are now Rs 16.5 per litre,...
Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
Noida International Airport may lose fare edge over IGI despite UP’s fuel tax relief. Why?Flyers may not find cheaper flights from the new Noida International Airport as higher airport tariffs and passenger charges offset Uttar P...