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WINDFALL TAX DIESEL
Oil may stay above pre-conflict levels; OMCs and gas stocks could see further upside: Probal SenGeopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disrupti...- 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 ...
- Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...
- 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 ...
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Kotak warns of massive fuel under-recoveries despite recent Rs 3/litre price hikeFuel prices in India could see a significant increase. State-run oil companies may have to raise petrol and diesel rates further if crude o...
- Fuel price hike may push inflation up by 20 bps, say expertsFuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider pr...
- Four years of frozen fuel prices end as Iran war bites: India raises petrol, diesel by Rs 3/litre but oil firms say it's not enoughFuel prices have increased by Rs 3 per litre for petrol and diesel. This is the first pump price hike in four years. The move aims to reduc...
- 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,...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risksThe Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...
- 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...
- No windfall tax on diesel, ATF exports from Reliance SEZ: OfficialReliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronounceme...
- India hikes windfall tax on petroleum crude, dieselThe Indian government has increased the windfall tax on petroleum crude Rs 3,300 a metric ton from Rs 3,200 with effect from February 16, a...
- India raises windfall tax on crude by Rs 1,000; removes taxes on diesel, ATFPetrol, Diesel Rates: India has significantly increased the windfall profit tax on crude oil from Rs 1,300 to Rs 2,300 per tonne. Simultane...
- Centre cuts windfall tax on petroleum crude, dieselIndia imposed a windfall tax on crude oil producers in July 2022 and extended the levy on exports of gasoline, diesel and aviation fuel as ...
- India hikes windfall tax on petroleum crude to Rs 9,800/tonneStarting November 1, the Indian government has raised the windfall tax on domestically produced petroleum crude to Rs 9,800 per tonne, up f...
- India slashes windfall tax on domestic crude from Rs 12,100/ tn to Rs 9,050/ tnThe Finance Ministry of India has reduced the special additional excise duty (SAED) on crude petroleum to Rs 9,050/tonne, effective October...
- India cuts windfall tax on crude, aviation fuelThe tax on crude oil produced by local firms has been reduced to Rs 1,700 per tonne from the existing Rs 4,900 per tonne, as per government...
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