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EXCISE DUTY ON CNG
Government may lift fuel-supply safeguards once West Asia crisis abates: OfficialIndia plans to ease emergency energy measures as global tensions subside. These steps were taken to ensure fuel availability amid West Asia...- Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
- Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
- CNG prices increase to Rs 83.09 per kg, Delhi commuters worried as travel "No longer pocket-friendly"CNG prices have risen again in Delhi and Mumbai. This is the fourth increase in less than 15 days. Commuters are finding fuel costs higher....
- Congress calls fuel hikes "silent tax on households", accuses govt of "corporate protection racket"Fuel prices have risen for the fourth time in ten days. Congress leaders condemn these increases as a silent tax on Indian households. They...
- India sees minimal fuel price hike amid global surge triggered by West Asia crisisIndia witnessed one of the world's smallest fuel price hikes, with petrol and diesel rising only around 5% despite global surges. This mode...
- 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,...
- Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCsSince the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of ...
- Q1 fuel losses may eliminate entire fiscal-year earningsDespite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre a...
- Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shockState-owned oil firms are incurring massive daily losses, estimated at Rs 1,600-1,700 crore, to shield Indian consumers from global energy ...
- 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...
- West Asia crisis drives up fuel losses for OMCs: ICRAAt crude prices of $120-125 per barrel, marketing margins are estimated at around negative Rs 14 per litre for petrol and Rs 18 per litre f...
- Budget boost: Excise relief on biogas-blended CNG to aid gas retailersThe Indian government's FY27 budget exempts excise duty on biogas blended with CNG, potentially improving margins for gas retailers. While ...
- CNG price may go up Rs 4-6 on input supply cut, excise duty cut to ease situationThe government's decision to cut domestic gas supplies by up to 20% to city retailers is likely to increase CNG prices by Rs 4-6 per kg. To...
- GST inclusion may double natural gas demand in seven years: Sanjay Kumar, GAILWe are also hearing this that the excise duty on CNG may be considered for rationalisation by government because the other tax that is ther...
- Cut excise duty on CNG till gas is included in GST: Kirit Parikh panelThe Parikh Committee, which was formed to recommend fair price of gas to the end consumer and a "market-oriented, transparent and reliable ...
- SIAM seeks reduction in CNG prices"Auto industry welcomes the government's move to lower the prices of petrol and diesel. It will help ease the inflationary pressure and eve...
- Oil industry's Budget 2018 wish list: Less cess, more royalty, customs duty tweakCess is applicable on a large share of the country’s crude output, although not all, mainly affecting profitability of ONGC, Oil India and ...
- CNG 30p cheaper in NCR after excise cutThe 2% excise duty cut in the Budget has brought down the cost of compressed natural gas (CNG).
- Idraprastha Gas cuts CNG price by Rs 0.20 per kgIndraprastha Gas Ltd, the company that sells compressed natural gas to automobiles in the national capital region, cut CNG price by Rs 0.20...
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