India Raises Excise Duty by Rs 2 on Petrol & Diesel; Retail Prices Unchanged
On 7th April, the Indian government announced a Rs 2 per litre hike in Special Additional Excise Duty (SAED) on petrol and diesel, effective from...
Tag : Petrol and Diesel prices
Petrol and Diesel Prices may Reduce on Global Crude Rate Cuts: Petroleum Secretary
If global oil prices stay low, petrol and diesel prices may be cut in India. This relief is much needed as current prices encourage inflation...
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...
Centre Cuts Jet Fuel and Diesel Taxes, Raises Petroleum Crude Export Tax
The central government on Tuesday hiked the windfall tax, a tax levied on an unforeseen or unexpectedly large profit, on crude petroleum producers by 4.41%,...
Petrol, Diesel Prices Hiked Today
Petrol and diesel prices have been hiked across the metros on Tuesday, according to Indian Oil Corporation (IOC). In New Delhi, the petrol prices have...
Petrol, Diesel Prices Remain Unchanged Today
Oil companies have recently adopted a practice of changing petrol and diesel prices in a couple of days instead of a daily basis. Petrol price...
Petrol, Diesel Rise Sharply For 2nd Day
Petrol and diesel prices in the country rose again sharply by 19 paise and 21 paise per litre respectively on Wednesday as Oil Marketing Companies...
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...
Diesel Price High for 5th Day, Petrol Costs Same
With crude oil rates extending losses after the biggest decline in three weeks, petrol price was left unchanged for six consecutive days while the price...
