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UNBRANDED DIESEL
Petrol, diesel excise hikes fetched Rs 70k crore in FY16: GovernmentSantosh Kumar Gangwar said the collections from additional duty of excise on petrol stood at Rs 17,217 crore and that of high speed diesel ...
Excise duty hiked on petrol by Re 1/litre, on diesel by Rs 1.5The hike will not result in any increase in retail selling price of the two fuels as it would adjust against the reduction in rates that ma...
Excise duty on petrol, diesel hiked; government to garner Rs 3,700 croreThe excise duty hike took away most of the gain which should have accrued to consumers from international oil prices slumping to 12 year lo...
Government hikes excise duty on petrol by 37 paise per litre and Rs 2 per litre on dieselGovernment hiked excise duty on petrol and diesel, the second increase in duties in just over two weeks, to mop up a little less than Rs 4,...
Roll back excise duty hike on petrol, diesel: Haryana CongressLeader of the Haryana Congress Legislature Party (CLP) Kiran Choudhry has demanded immediate roll-back of hike in excise duty on petrol and...
Opposition members demand rollback of excise duty hike in petrolRaising the issue during Zero Hour, P Venugopal (AIADMK) said this was necessary to provide relief to the common man.
Excise collection on petrol, diesel up 50% at Rs 74,465 croreExcise duty collection on petrol and diesel jumped over 50 per cent in 2014-15 to Rs 74,465 crore as the government on multiple occasions r...
Excise duty hike on petrol, diesel to yield Rs 20,250 crore more revenueThe govt had raised excise duty on petrol and diesel on Nov 12, Dec 2, Jan 2 and Jan 17 to help it achieve the fiscal deficit target for th...
Government changes excise duty structure on branded dieselThe government has changed the excise duty structure on branded or premium diesel, shifting from fixed rates to a combination of ad valorem...
Petrol price cut by Rs 2.42/litre, diesel Rs 2.25/litreThe reduction would have been almost double but for the government also raising excise duty by Rs 2 per litre on both petrol and diesel tod...
No roll-back of excise duty hike on diesel, petrol: GovernmentThe govt recently hiked excise duty in two tranches on diesel as well as petrol in order to garner about Rs 10,500 cr in the current financ...
Oil duty hike to shore up govt revenue by Rs 11,000 crore: India RatingsThe decision to deregulate the diesel prices is expected to bring the oil subsidy down Rs 15,000 crore, the agency said.
OMCs crack over 5% as government hikes excise duty on petrol, dieselExcise duty on branded diesel is hiked to Rs 5.25 per litre from Rs 3.75 per litre while excise on branded petrol is hiked to Rs 3.85 per l...
Government mulls raising excise duty on unbranded dieselThe Finance Ministry has written to Oil Ministry seeking its view on raising excise duty on unbranded diesel, a senior finance ministry off...
M Veerappa Moily asks Finance Ministry to cut duties on branded petrol, dieselCurrently, the Finance Ministry levies higher excise duty on premium or branded petrol and diesel, making them costlier than normal or unbr...
- Finance ministry may reduce Customs duty
Finance ministry sources say that at best, there is scope for reduction in Customs duty in the wake of rupee depreciation.
- Deora welcomes duty rationalisation for petrol, diesel
Petroleum Minister Murli Deora has welcomed the proposal in the union budget to replace six percent of ad valorem excise duty on unbranded ...