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EXCISE DUTY LEVY
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...- Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
- 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 ...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Jet fuel under-recovery at Rs 30/Litre, LPG demand managed: Govt as fuel sales surge 30% in MayDomestic jet fuel prices continue to track international markets with under-recovery of around Rs 30 per litre, the government said Monday,...
- 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 ...
- SC rules exxsol hexane a pure hydrocarbon, duty cut to 2.5%The Supreme Court has ruled that exxsol hexane is a pure hydrocarbon. This decision means imported exxsol hexane will attract a lower custo...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Petrol exports to attract ₹3/litre excise dutyNew Delhi is shaking up its energy export policy with the introduction of a specialized excise duty on petrol exports. Meanwhile, the gover...
- 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,...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...
- Beer makers say costs are bubbling over as glass supply tightens the pourAs the beer industry experiences a surge in demand, producers are encountering significant challenges, primarily due to rising production c...
- India should create strategic buffers to navigate 'most difficult' energy shock: CEA NageswaranV Anantha Nageswaran has called for India to build strategic buffers to manage the ongoing energy shock triggered by the West Asia crisis, ...
- 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...
- Govt sets export duty on diesel at ₹23/litre, ATF at ₹33; petrol levy stays nilThe government has set export duties on diesel at ₹23 per litre and on aviation turbine fuel (ATF) at ₹33 per litre for the fortnight start...
- Air India, IndiGo, SpiceJet seek ATF price relief; say airline industry on verge of 'stopping operations'Indian airlines Air India, IndiGo, and SpiceJet are in severe financial distress. They warn of halting operations due to soaring jet fuel c...
- Both GST and Excise duty can be imposed on tobacco: Karnataka HCThe Karnataka High Court has ruled that the Union government is entitled to levy Central GST (CGST) as well as excise duty on tobacco and t...
- Coal India's total receipts from consumers cross Rs 1 lakh crore in 2015-16If total receipts from consumers, including levies and duties, as well as other income are considered, the figure stands at Rs 1,04,111 cro...
- Chem ministry proposes 50% cut in excise duty on drugsExcise duty sops given by states like Uttaranchal and Himachal to attract drug makers could partly be neutralised soon.
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