Latest News on Excise Duty
Showing of 0 - 10 from 109 results
Excise Duty - Total results - 109
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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. -
Jun 20, 2018
GST on petrol, diesel: 28% tax plus VAT on anvil; structure in works will leave rates almost at current levels
GST on petrol and diesel could remedy high fuel prices only if the Centre and the states levy a pure GST of 28%, devoid of additional VAT or a cess. -
Jun 18, 2018
Arun Jaitley hints at no cut in excise duty on petrol and diesel, asks citizens to pay taxes honestly
Union Minister Arun Jaitley on Monday urged citizens to pay their due share of taxes "honestly" to reduce dependence on oil as a revenue source, and virtually ruled out any cut in excise duty on petrol and diesel saying it could prove to be counter-productive -
Jun 14, 2018
Petrol, diesel rates: After thirteen serial cuts, prices left unchanged for two successive days
Petrol and diesel price were last revised on 12 June when they were cut by 15 paise and 10 paisa a litre, respectively -
Jun 07, 2018
Oil minister Dharmendra Pradhan says petrol, diesel will not be allowed to go out of reach of common man
Blaming geopolitics of oil, exchange rate fluctuations and local taxes for petrol and diesel prices touching a record high, oil minister Dharmendra Pradhan said the government is sensitive and will ensure that "poor, middle class are not pained." -
Jun 01, 2018
Petrol, diesel prices: Unwilling to cut excise duty, govt to ask ONGC to bear fuel subsidy
Petrol and diesel prices have in the last two days have been cut by 8 paisa and 6 paisa a litre, and the government is keen to show a visible reduction which can be possible only if retailers are subsidised. -
May 25, 2018
Petrol, diesel prices at record high: Two tables show how government taxes have made fuel costlier nationwide
Brace yourself. Taxes on petrol work out to 86 percent of the cost while taxes on diesel work out to 59 percent of the cost, all in the capital. -
May 25, 2018
Fuel price shocker: Petrol rates in four metros rise over Rs 3 per litre in 12 days
Petrol prices across the four metros increased by over Rs 3 per litre in 12 days after dynamic pricing system was resumed on 14 May, data on the Indian Oil Corp (IOC) website shows -
May 24, 2018
Petrol, diesel prices: Govt mulling 'immediate solution' to deal with record high fuel prices, says oil minister Dharmendra Pradhan
The Centre is deliberating on an "immediate solution" to deal with rising fuel prices, Union Oil Minister Dharmendra Pradhan said on Thursday -
May 24, 2018
Petrol, diesel at record high: Rejig taxes to keep fuel rates low but do not arm twist oil companies on pricing
The gains the government made by hiking taxes when prices were low must be paid back to the consumer.
