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PETROL CESS
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...- West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...
- 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 considering steps to control CAD amid Rupee, export pressure: Piyush GoyalIndia is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global eco...
- Delhi Chakka Jam live updates: Why drivers are on strike today in NCR; Check areas affected in Delhi, Noida, Gurugram, Ghaziabad and NCRDelhi Chakka Jam News: A three-day transport strike has started today across Delhi-NCR. Commercial vehicle drivers are protesting rising fu...
- Transporter union announces three-day strike in Delhi-NCR from May 21The AIMTC, the apex body of truckers, private buses, taxi and maxi cab operators, held a meeting on Tuesday in Delhi where issues related t...
- Silver imports restricted; licence now must for select categoriesThe Centre has restricted imports of certain silver categories, including high-purity silver bars, making licences mandatory to curb rising...
- 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...
- PM Modi denies proposal to impose surcharge on foreign travelAddressing concerns about reports suggesting a new tax on international travel, Prime Minister Narendra Modi was quick to clarify that such...
- 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,...
- Petrol price today 3 May 2026: Check latest rates in Delhi, Mumbai, Chennai, Kolkata and BengaluruPetrol price today :Indian petrol prices change daily. This dynamic pricing depends on global crude oil costs, the rupee's value against th...
- 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...
- 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...
- Himachal to levy orphan and widow cess on petrol and diesel, CM tables bill in AssemblyHimachal Pradesh is on the brink of implementing a groundbreaking cess on fuel, particularly petrol and diesel, designed to provide crucial...
- Government mopped up 80 percent more from fuel cess in 2020-21 than it estimatedAccording to the budget documents, the receipts on this account increased to nearly Rs 2.3 lakh crore in the revised estimates compared to ...
- Nagaland impose Covid-19 cess on petrol and diesel salesWhile Nagaland is the first state to impose a Covid-specific cess, Assam recently increased taxes on petrol by Rs 6 and on diesel by Rs 5, ...
- No change in petrol, diesel prices after budget duty rejigThe Centre has to share its collection of excise duties with states, but does not have to do so in the case of a cess.
- 1% cess set to push up fuel prices this weekThe cash strapped government wants to generate funds to the tune of over Rs 200 crore in the election year, hence it has decided to impose ...
- Gujarat earned Rs 15,500 crore through tax on petrol, diesel in 2 yearsThe Gujarat government today said that it earned more than Rs 15,500 crore through Value Added Tax (VAT) as well as cess on the sale of pet...
- Union Budget 2015: High profile oil & gas sector gets no mention by FM JaitleyBarring duty rejig for petrol and diesel, Finance Minister Arun Jaitley did not mention the high profile oil and gas sector in his Budget s...
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