New Delhi, April 11 The government on Saturday increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 per litre.The duty hike will be effective immediately, the finance ministry said in a notification.The government had, on March 26...
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New Delhi, April 1 The Rajya Sabha passed a resolution on Wednesday to impose additional excise duty on Aviation Turbine Fuel (ATF), also known as jet fuel.The resolution was moved in the House by Minister of State for Finance, Pankaj Chaudhary, shortly after the session resumed after lunch...
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April 1, New Delhi: In response to the turbulent times caused by the Iran war and disruptions in oil supply due to the closure of the Strait of Hormuz, India's Ministry of Petroleum and Natural Gas has taken steps to protect domestic airlines from a full surge in fuel prices.The ministry has...
New Delhi, April 1 The Congress launched a scathing attack on the government on Wednesday over the rising prices of certain essential commodities, alleging that the Modi government has "completely destroyed" the country's strategic and economic policies.Congress president Mallikarjun Kharge...
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April 1, New Delhi: Amidst the turbulent times caused by the Iran war and difficulties in oil supply due to the blockage of the Strait of Hormuz, India's Ministry of Petroleum and Natural Gas is attempting to protect domestic airlines from a full surge in fuel prices.The ministry has limited...
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New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but domestic airlines will not have to pay this steep increase as a mechanism is being put in place to protect them.Meanwhile, the price of...
New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, while commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the surge in global oil prices linked to the escalating conflict in West...
New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record high of Rs 2.07 lakh per kilolitre on Wednesday, driven by the surge in global oil prices linked to the escalating conflict in West Asia.This is the first time ATF prices have exceeded the...
Chandigarh, March 27 Punjab BJP President Sunil Jakhar expressed his gratitude to Prime Minister Narendra Modi on Friday for taking a major decision to provide relief to the general public in view of rising global fuel prices.The excise duty on petrol has been reduced from Rs 13 to Rs 3 per...
New Delhi, March 27 A reduction in excise duty on petrol and diesel by ₹10 per litre, and an increase in export duty on ATF and diesel, will result in a net revenue loss of ₹5,500 crore in two weeks, a top official said on Friday.Chairman of the Central Board of Indirect Taxes and Customs...
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The government has imposed export duties on diesel and aviation turbine fuel (ATF) and reduced domestic levies on petrol and diesel to ensure adequate availability and protect consumers from rising global oil prices caused by the West Asia crisis.Speaking at an Inter-Ministerial Briefing on...
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New Delhi, March 27 CBIC Chairman Vivek Chaturvedi said on Friday that the government will review the special additional excise duty or windfall tax on diesel and ATF every two weeks.The move to levy special additional excise duty (SAED) is to ensure domestic availability of diesel and ATF...
The Airports Authority of India (AAI) has categorically denied media reports claiming it has requested information on aviation turbine fuel (ATF) stock levels at international airports. In a social media post, AAI stated that it has not formally or informally requested any airport operator to...
Amid the outbreak of hostilities in West Asia and the evolving global energy situation, the government has ensured both the availability and affordability of energy for its population by diversifying its sources. The Ministry of Petroleum and Natural Gas stated that India is the third largest...
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Guwahati, February 26 The Assam government on Thursday decided to increase the daily wages of tea garden workers by Rs 30, ahead of the assembly elections.Following this decision, wages in the Brahmaputra valley will rise to Rs 280, and will be Rs 258 in the Barak valley.Addressing a press...