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,...
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...
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 ...
Government tables notifications on excise duty, road cess rise on petrol, dieselMinister of State for Finance Anurag Singh Thakur placed the notifications dated March 13, 2020 seeking to raise special additional excise ...
15th Finance Commission to commission study on cess collections of CentreThe Finance Commission, which every five years recommends a ratio in which the tax money collected by the central government is to be divid...
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.
Bruhat Bengaluru Mahanagara Palike's proposal aims to improve mobility under Smart Cities missionIn the past, the Bengaluru Traffic Police and the Directorate of Urban Land Transport have batted for congestion tax in the city.
Budget 2016: Petroleum products and crude oil add biggest chunk to cess poolThe single biggest chunk of cesses is on petroleum products and crude oil. These alone account for over Rs 88,000 crore in the Budget for 2...
Government proposes change in norms to free funds for border roadsGovernment is proposing to amend the Central Road Fund (CRF) Act to bring greater clarity regarding the framework for sharing of the fund.
Rajasthan government raises road cess on petrol, diesel by 25 paiseRoad cess has been raised from Re one to Rs 1.25 per litre on petrol and diesel, and the order was effected yesterday, said a senior offici...
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...
Duty rejig on petrol, diesel to give Rs 40,000 crore for road projectsPetrol attracts a total excise duty of Rs 17.46 per litre, including Rs 2 a litre road cess. Diesel attracts Rs 10.26 a litre total excise ...
- Govt may hike fuel cess by Re 1 to fund highways
Consumers might have to shell out a higher cess on auto fuels if the government goes ahead with a proposal to step up funding for highways.
- Road Ahead: Fuel Cess may haunt you till '30
Even as fuel prices are skyrocketing, there seems to be no respite for consumers from the cess on petrol and diesel for at least two more d...