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INDIA WAIVES EXCISE DUTY ON PETROL
PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
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...
India to allow import of 3.78 lakh UK cars at concessional duty in first 15 years of trade pactIndia will allow imports of up to 3.78 lakh conventional-engine passenger cars from the UK at concessional duties under a new trade pact st...
Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals whyUnion Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit ti...
Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...
India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
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 will do more to boost inflows: Finance Minister Nirmala SitharamanIndia plans further measures to attract foreign capital. Finance Minister Nirmala Sitharaman stated that additional steps will be taken if ...
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 ...
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...
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...
India waives excise duty on petrol with higher ethanolIndia's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...
Govt restricts bulk industrial petrol, diesel purchases through petrol pumpsIndustrial and commercial users can no longer buy petrol and diesel from petrol pumps. They must now get fuel from bulk sale points. This c...
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrolSugar stocks rose sharply on Thursday after the Finance Ministry exempted several ethanol-blended petrol variants from excise duty, strengt...
Petrol, Diesel price today changed amid excise duty relief on ethanol-blended fuel? Check latest rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel price today: Fuel prices remained stable across major Indian cities on June 11, 2026, despite the Centre's excise duty exemp...
India cuts export duties on petrol, diesel and aviation turbine fuelIndia will reduce its export duties on petrol, diesel, and aviation turbine fuel (ATF) starting June 1. The new rates are 1.5 rupees per li...