Latest News on Excise Duty
Showing of 0 - 10 from 132 results
Excise Duty - Total results - 132
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Dec 03, 2018
Revenue secretary Ajay Bhushan Pandey says excise duty hike on petroleum products needs 'analysis'
In face of mounting public pressure, the Centre had in October cut excise duty by Rs 1.50 per litre on both petrol and diesel -
Nov 28, 2018
Petrol price slips below Rs 74-mark in Delhi for first time since April; six-week long rate cut wipes off all fuel hikes
Petrol price in Delhi was cut by 50 paisa to Rs 73.57 per litre, according to a price notification issued by state-owned fuel retailers. This is the lowest petrol price since April. -
Oct 18, 2018
Fuel prices drop for second day in a row across 4 metros; petrol down by 24 paise, diesel 11 paise per litre in Mumbai
After Thursday's fall of 21 paise in petrol prices, it was further slashed by another 24 paise in Mumbai to Rs 87.84 per litre. Diesel prices dropped by 11 paise to Rs 79.13 per litre on Friday. -
Oct 16, 2018
Dealers in national capital to shut petrol pumps on 22 October in protest against Delhi govt's refusal to cut VAT
Delhi Petrol Dealers Association (DPDA) on Monday said all 400-odd petrol pumps in the national capital will remain closed on 22 October in protest against the Delhi government's refusal to cut VAT on petrol and diesel. -
Oct 11, 2018
Airline stocks fly high, gain up to over 7% after government cuts excise duty on jet fuel
Shares of InterGlobe Aviation (IndiGo) zoomed 7.44 percent, Jet Airways soared 4.70 percent and SpiceJet 4.69 percent on BSE. -
Oct 08, 2018
Stocks of oil marketing companies bounce back after heavy sell-off in last two trading sessions
Shares of oil marketing companies on Friday fell sharply by up to 25 percent. -
Oct 08, 2018
No going back on fuel price deregulation, global prices touching a four-year high of $85 per barrel a 'challenge': Dharmendra Pradhan
The combination of high international oil prices and a depreciating rupee has made imports costlier, resulting in retail pump rates shooting up. Petrol price on Monday was hiked by 21 paise a litre and diesel by 28 paise. -
Oct 05, 2018
Fuel price cut: Private retailer Nayara Energy joins state-owned oil companies in subsidising petrol, diesel
India's biggest private fuel retailer Nayara Energy, formerly known as Essar Oil, will join state-owned oil companies in subsidising petrol and diesel by Re 1 per litre, its chief executive B Anand said on Friday. -
Oct 04, 2018
Cut in petrol, diesel prices another decision made by Centre in interest of people, shows govt's sensitivity, says Amit Shah
BJP president Amit Shah said he had had telephone calls with the chief ministers of all the BJP-ruled states, and that they will give additional relief of Rs 2.50 per litre to the people by reducing VAT. -
Oct 04, 2018
Petrol, diesel prices cut by Rs 2.50 per litre after Centre reduces excise duty; oil companies asked to absorb Re 1
Announcing the decision on price cuts for petrol and diesel, Finance Minister Arun Jaitley asked the state governments to match the move with a similar reduction in sales tax or VAT.
