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,...
Excise duty on diesel exports cut to Rs 23/ltr, ATF exports to Rs 33/ltrThe govt has announced a reduction in the windfall tax for diesel exports to Rs 23 per litre and for aviation fuel to Rs 33 per litre, star...
Diesel export tax hike may align prices of state OMCs, private cosA significant increase in diesel export tax is set to align prices for state-run oil companies and private fuel sellers. This move could en...
Centre ups diesel export duty to Rs 55.5/litre, raises excise to high-speed diesel to Rs 24 & infra cess to Rs 36; ATF duty up to Rs 42The Indian government has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government rev...
India raises export duty on diesel, ATFIndia has significantly increased export duties on diesel and aviation turbine fuel. This move aims to boost government revenue and ensure ...
GST Council meet: Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cardsThe GST Council is set to discuss several changes, including reducing tax on life and health insurance premiums, food delivery platforms, a...
India cuts windfall tax on petroleum crude to zeroIn early may, the govt had slashed windfall tax on domestically produced crude oil to ₹4,100 per tonne from ₹6,400 per tonne.
India slashes windfall tax on crude oil production to Rs 3,500 per tonneIt also marginally increased export duty on diesel to Rs one per litre from Rs 0.50 while keeping both petrol and Aviation Turbine Fuel (AT...
Centre raises windfall profit tax on diesel, ATF export; hikes tax on domestic crude oilThe government also hiked the levy on domestically produced crude oil too by Rs 3,000 per tonne to Rs 11,000 in line with the hardening glo...
India cuts windfall tax on crude oil to Rs 10,500 per tonneNew Delhi has cut cess on crude to Rs 10,500 per tonne, according to a notification from the Ministry of Finance. India has also lowered wi...
India may cut cess on ATF, diesel export in fifth revision of windfall tax, sources sayIndia may cut cess on domestic crude production, ET Now reported citing unnamed sources. New Delhi may also lower duty on export of ATF and...
Centre increase windfall tax to Rs 13,300, hikes duty on diesel and ATFAt the fourth fortnightly review, the government raised the windfall profit tax on the export of diesel to Rs 13.5 per litre from Rs 7 per ...
Windfall tax impact on Reliance to be milder than others: ExpertsThe Centre announced the levy of additional excise duty/cess of Rs 6/litre on petrol and Rs 13/litre on diesel exports. On Aviation Turbine...
Now, brace for a 15 per cent hike in airfaresThe most recent increase came on Sunday when oil marketing cos raised prices by 6%. These hikes come at a time when the rupee is weakening ...
Domestic flights to cost more from today as regional connectivity cess kicks inGovt to levy Rs 5,000 per flight for regional connectivity fund. It will be periodically reviewed as the scheme picks steam and more player...
- Airlines see ATF, cess cut
The New Year may ring in some good news for budget fliers who have been troubled by constant hikes in fuel surcharge levied by domestic car...
- High tax on ATF cuts into profitablity of domestic carriers
Industry body Assocham today asked the government to reduce sales tax on jet fuel to enable the aviation industry save resources for invest...