OIL, ONGC Shares Up 2% After Govt Cuts Windfall Tax to Zero
Shares of upstream oil companies such as Oil India and ONGC soared in early trade on May 16 after the government reduced the windfall tax...
Tag : aviation turbine fuel (ATF)
Government Reimposes Windfall Tax on Crude Oil; Levy on Diesel, Petrol and ATF nil
To rationalise the petroleum sector’s tax structure, the government has reimposed a windfall tax on domestically produced crude oil of Rs 6,400 per tonne. Petrol...
ONGC, Oil India Shares Jump as Govt Slashes Windfall Tax
Shares of upstream oil companies, mainly Oil and Natural Gas Corporation (ONGC) and Oil India, rose 4% on the BSE in intraday trade on Thursday...
Jet Fuel Price Cut by 3 Per Cent
In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with...
LPG Rate Hiked for Second Time in December
Cooking gas LPG price on Wednesday was increased by Rs 50 per cylinder, the second hike in rate this month following firming of international prices.Also, aviation turbine...
Petrol Sales Down 15.5%, Diesel 24% in March
India’s petrol sales shrank by 15.5 per cent and diesel demand tanked over 24 per cent in March as the economy froze under the nationwide...