Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...

Indian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...

The Finance Ministry in a notification said that imports of LPG, liquified propane and liquified butane have been fully exempted from Agric...

The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for running va...

While 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, ...

This notification shall come into force with effect from midnight of April 28.

Oil and gas producers want the government to cut and defer taxes on output and end all price controls on domestic natural gas to help compa...

However, seven cesses will continue to be levied under the Goods and Services Tax regime since they pertain to customs or goods which are n...

Petroleum coke is a high calorific value solid fuel and extensively used for power generation in various countries.

The Petroleum Ministry is talking to the Finance Ministry on reducing the cess that the industry has been seeking since the steep fall in c...

The government proposed to double the clean energy cess on coal to Rs 200 per tonne, in a move which could raise power tariffs.

Rs 118,500 cr cess on the output of crude oil and natural gas in 3 decades, but not even 1% of this could be utilised for developing the se...

Petrol prices in Goa will shoot up by 20 paise once the green cess announced by the state government in Budget 2013-14 comes into force.

PSU oil major, Oil and Natural Gas Corp (ONGC), today said that it has appealed the government to offset the additional cess on crude.

BSE oil & gas index drifted lower on Friday after the Finance Minister announced cess on crude petroleum oil products.

With the global crude oil prices moving towards $150-per-barrel mark, the government is considering using Rs 72,750-crore oil industry deve...

Funds collected through the oil industry development cess is likely to be used for minimising oil marketing companies’ (OMCs) losses on acc...