Latest News on Excise Duty
Showing of 0 - 10 from 118 results
Excise Duty - Total results - 118
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Sep 17, 2018
Fuel prices rise unabated: Petrol up 15 paise, inching to Rs 90 per litre in Mumbai; diesel at 78.33
Fuel prices in the country have been going up almost daily since 1 August. -
Sep 15, 2018
Fuel price hike continues: Petrol sold at Rs 81.63 per litre in Delhi, Rs 89.01 per litre in Mumbai
Delhi has the cheapest fuel rates among all metros and most state capitals because of lower taxes. Mumbai has the highest sales tax or value-added tax (VAT). -
Sep 10, 2018
Fuel price hike: Govt rules out excise duty cut even as petrol, diesel hit fresh highs; regime can't stomach revenue loss
A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite to stomach revenue loss from such a move, a top government official said on Monday. -
Sep 10, 2018
Rajasthan govt announces 4% cut in VAT on petrol and diesel ahead of Bharat Bandh; prices to go down by Rs 2.5 per litre
VAT on petrol will be reduced from 30 to 26 per cent and on diesel from 22 to 18 per cent, Raje announced at a public meeting organised in Rawatsar in Hanumangarh district as part of her 'Rajasthan Gaurav Yatra'. -
Sep 10, 2018
Bharat Bandh today: Petrol and diesel prices scale new highs; touch Rs 80.73 per litre and Rs 72.83 per litre in Delhi
Opposition parties have called for a nation-wide 'Bharat Bandh' on Monday to protest against the spiralling fuel prices. -
Sep 07, 2018
Petrol, diesel rates: Fuel prices hiked by steepest level in a year and hover at record high; motor spirit costs Rs 87.39 a litre in Mumbai
On Friday, petrol price was hiked by 48 paisa per litre and diesel by 47 paisa a litre, according to price notification issued by state fuel retailers. -
Sep 07, 2018
Rising fuel prices: As petrol and diesel rates touched new high on Friday, Tamil Nadu govt says onus on Centre to cut taxes
On Friday, one litre of petrol in Chennai was being sold at Rs 83.13 while diesel cost Rs 76.17. -
Sep 06, 2018
Fuel price hike: Arun Jaitley non-committal on cutting excise duty as petrol, diesel rates hit fresh high
Finance Minister Arun Jaitley on Wednesday remained non-committal on cutting excise duty to cushion spiralling petrol and diesel prices, which touched an all-time high, saying international oil prices are volatile and have not shown any linear movement. -
Sep 04, 2018
Fuel price hike: Govt rules out excise duty cut as its ability to take dent in revenue collections is limited
Petrol and diesel prices on Tuesday touched fresh highs as rupee dipped to a record low of 71.54 against US dollar, making imports costlier -
Jun 23, 2018
OPEC decision: Good news from the oil cartel gives government time to consider options
Decisions on taxation of fuels would have to be taken and the present relief provided by OPEC should be leveraged to take a concerted view.
