Excise Duty On Petrol
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Excise Duty On Petrol, Diesel Hiked By Rs 2/Litre, No Change In Retail Prices
The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order.
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Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
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Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
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These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.
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Maharashtra Cuts VAT On Petrol, Diesel Post Centre's Excise Duty Reduction
Just a day after central government announced reduction in excise duty on petrol and diesel, Maharashtra government has gone on to reduce VAT on petrol by Rs. 2.08 and on diesel by Rs. 1.44.
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"I Stand Corrected": Congress's P Chidambaram On Fuel Price Cut
Fuel Prices Cut: Senior Congress leader P Chidambaram today said whether the states can afford to give up revenue from VAT on petrol and diesel unless the Centre devolves more funds or gives them more grants.
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Rajasthan Cuts State Tax On Petrol By Rs 2.48, Diesel By Rs 1.16
The Rajasthan government on Saturday reduced value-added tax (VAT) on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, following the reduction of excise duty by the Centre.
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Petrol And Diesel Price In Delhi, Mumbai And Other Cities After Excise Cut
Fuel prices came down today, a day after the central government cut the excise duty on petrol and diesel. Finance Minister Nirmala Sitharaman yesterday announced a record cut of Rs 8 per litre of petrol and Rs 6 per litre on diesel.
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"Jugglery Of Figures": Congress Attack On Fuel Prices Cut
The Congress on Saturday accused Finance Minister Nirmala Sitharaman of "befooling'' people after she announced an excise duty cut on petrol and diesel and said people needed relief instead of jugglery of figures.
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Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6
In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.
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Fuel Price Cut To LPG Subsidy: 5 Announcements Made By Nirmala Sitharaman
Finance Minister Nirmala Sitharaman made several announcements today, including a sharp cut in central excise duty on fuel prices. The announcements come as retail inflation surged to an eight-year high in April, driven by rising fuel and food prices
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Fuel Prices Cut, Subsidy On Gas Cylinders: Centre's Big Move vs Inflation
The price of petrol will come down by Rs 9.5, while the diesel will be cheaper by Rs 7 as Finance Minister Nirmala Sitharaman announced a sharp cut in central excise duty on fuel prices.
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"Worse Than Aurangzeb": Congress' Kapil Sibal Slams Centre Over Fuel Tax
Congress leader Kapil Sibal on Wednesday slammed the government for increasing excise duty on petrol and diesel, alleging its tax regime is worse than that of Mughal ruler Aurangzeb.
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Union Budget 2022: Additonal Excise Duty Of Rs. 2 Proposed On Unblended Fuel
In a bid to promote the usage of blended fuel, Finance Minister Nirmala Sitharaman has intoduced an additional excise duty of Rs. 2 on Unblended Fuel from October 2022.
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Chhattisgarh Cuts VAT On Fuel, Petrol Cheaper By 70 Paise, Diesel By 1.36
The Chhattisgarh government on Monday decided to reduce Value-Added Tax (VAT) on petrol and diesel by 1 per cent and 2 per cent, respectively, nearly three weeks after the Centre cut excise duties on the two fuels.
-
Excise Duty On Petrol, Diesel Hiked By Rs 2/Litre, No Change In Retail Prices
The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order.
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
-
Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
-
These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.
-
Maharashtra Cuts VAT On Petrol, Diesel Post Centre's Excise Duty Reduction
Just a day after central government announced reduction in excise duty on petrol and diesel, Maharashtra government has gone on to reduce VAT on petrol by Rs. 2.08 and on diesel by Rs. 1.44.
-
"I Stand Corrected": Congress's P Chidambaram On Fuel Price Cut
Fuel Prices Cut: Senior Congress leader P Chidambaram today said whether the states can afford to give up revenue from VAT on petrol and diesel unless the Centre devolves more funds or gives them more grants.
-
Rajasthan Cuts State Tax On Petrol By Rs 2.48, Diesel By Rs 1.16
The Rajasthan government on Saturday reduced value-added tax (VAT) on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, following the reduction of excise duty by the Centre.
-
Petrol And Diesel Price In Delhi, Mumbai And Other Cities After Excise Cut
Fuel prices came down today, a day after the central government cut the excise duty on petrol and diesel. Finance Minister Nirmala Sitharaman yesterday announced a record cut of Rs 8 per litre of petrol and Rs 6 per litre on diesel.
-
"Jugglery Of Figures": Congress Attack On Fuel Prices Cut
The Congress on Saturday accused Finance Minister Nirmala Sitharaman of "befooling'' people after she announced an excise duty cut on petrol and diesel and said people needed relief instead of jugglery of figures.
-
Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6
In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.
-
Fuel Price Cut To LPG Subsidy: 5 Announcements Made By Nirmala Sitharaman
Finance Minister Nirmala Sitharaman made several announcements today, including a sharp cut in central excise duty on fuel prices. The announcements come as retail inflation surged to an eight-year high in April, driven by rising fuel and food prices
-
Fuel Prices Cut, Subsidy On Gas Cylinders: Centre's Big Move vs Inflation
The price of petrol will come down by Rs 9.5, while the diesel will be cheaper by Rs 7 as Finance Minister Nirmala Sitharaman announced a sharp cut in central excise duty on fuel prices.
-
"Worse Than Aurangzeb": Congress' Kapil Sibal Slams Centre Over Fuel Tax
Congress leader Kapil Sibal on Wednesday slammed the government for increasing excise duty on petrol and diesel, alleging its tax regime is worse than that of Mughal ruler Aurangzeb.
-
Union Budget 2022: Additonal Excise Duty Of Rs. 2 Proposed On Unblended Fuel
In a bid to promote the usage of blended fuel, Finance Minister Nirmala Sitharaman has intoduced an additional excise duty of Rs. 2 on Unblended Fuel from October 2022.
-
Chhattisgarh Cuts VAT On Fuel, Petrol Cheaper By 70 Paise, Diesel By 1.36
The Chhattisgarh government on Monday decided to reduce Value-Added Tax (VAT) on petrol and diesel by 1 per cent and 2 per cent, respectively, nearly three weeks after the Centre cut excise duties on the two fuels.
