New Delhi, April 2 The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries Ltd's SEZ refinery due to court rulings, a senior official said on Thursday.Effective from March 26, the government revised fuel levies, reintroducing export...
aviation turbine fuel (atf)
citi research
crude oil
department of revenue
diesel
energy sector
exciseduty
export taxes
india
jefferies research
middle east conflict
petroleum products
reliance industries ltd
special economic zone (sez)
tax research unit (tru-1)
New Delhi, April 2 The government has slightly exceeded its indirect tax collection target for fiscal 2025-26, an official said on Thursday.Total indirect tax collection, which includes customs, excise, and GST, as per the Revised Estimates (RE), was set at over ₹15.52 lakh crore for FY26...
central goods and services tax
customs dutyexciseduty
fiscal year 2025-26
government revenue
gst
health and national security cess
indirect tax
pan masala cess
tax collection
New Delhi, April 1 More than 3.9 lakh 5 kg Free Trade LPG (FTL) cylinders have been sold since March 23, and over 65,000 5 kg FTL cylinders were sold yesterday, the government said on Wednesday.The supply of LPG continues to be affected due to the prevailing geopolitical situation, but there...
commercial lpg
crude inventories
crude oil prices
diesel prices
domestic lpg
exciseduty
government policy
india
liquefied petroleum gas
lpg
lpg distribution
lpg sales
petrol prices
petroleum and natural gas
supply chain
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...
atf
aviation turbine fuel
central exciseexciseduty
finance act 2002
finance ministry
fuel tax
government resolution
india
india economy
india government
pankaj chaudhary
rajya sabha
special exciseduty
taxation
The Government assured today that seeds of all types of crops are sufficiently available in the country amidst the West Asia conflict. Addressing the Interministerial Meeting on Recent Developments in West Asia in New Delhi, Additional Secretary of the Department of Agriculture and Farmers...
Lucknow, March 29 Uttar Pradesh Chief Minister Yogi Adityanath said on Sunday that while many countries around the world have declared a "state of emergency" due to the crisis in the Middle East, India is moving forward with full strength due to Prime Minister Narendra Modi's "visionary"...
In New Delhi, on March 29, the applicability of newly imposed export windfall taxes on diesel and ATF shipments from Reliance Industries' SEZ refinery remains a key uncertainty following India's fuel duty overhaul, with significant implications for refining margins and government revenues...
Hyderabad, March 28 Union Coal Minister G Kishan Reddy on Saturday reassured people about the uninterrupted availability of petroleum products, including petrol and diesel, in the wake of military conflict in West Asia and emphasised that there is no cause for panic.Reddy, who chaired a review...
Chandigarh, March 28 – Prime Minister Narendra Modi has consistently supported his citizens, whether it’s the COVID-19 pandemic or the ongoing West Asia conflict, Chief Minister Nayab Singh Saini said on Saturday.Saini also accused the Congress and other opposition parties of politicizing...
Reasi, March 28, 2026: Residents of Reasi have welcomed the Centre's decision to reduce excise duty on petrol and diesel, calling it a relief for the public, farmers, and traders. The excise duty on petrol has been reduced to 3%, while the duty on diesel is now zero.Residents expressed their...
central government
diesel
economic relief
exciseduty
fuel prices
government policy
india
petrol
political cooperation
prime minister narendra modi
public reaction
reasi
Chandigarh, March 28 Prime Minister Narendra Modi has consistently supported his fellow citizens, whether it's the COVID pandemic or the ongoing conflict in West Asia, Chief Minister Nayab Singh Saini said on Saturday.Saini also accused the Congress and other opposition parties of politicizing...
chief minister
covid-19
exciseduty
fuel prices
government petrol pumps
haryana
india
narendra modi
nayab singh saini
oil marketing companies
petroleum products
politics
press conference
supply chain
west asia
Chandigarh, March 28 Haryana Chief Minister Nayab Singh Saini said on Saturday that 4,032 government-run petrol pumps are operational across the state, recording an average daily sale of 4,804 kiloliters of petrol and 12,003 kiloliters of diesel."The state receives 200,000 gas cylinders daily...
commercial lpg
diesel sales
exciseduty
fuel supply
gas cylinders
government policy
haryana
lpg distribution
natural gas pipeline
petrol pumps
petroleum products
pipeline leasing
png connections
supply chain
west asia conflict
New Delhi, March 27 Emphasizing that there was no shortage of LPG cylinders or fuel, Union Home Minister Amit Shah said on Friday that India has managed to maintain supplies and prices despite a spike in global oil prices due to geopolitical tensions.Urging people to trust the Narendra Modi...
amit shah
diesel prices
economic resilience
exciseduty
fuel prices
geopolitical tensions
government response
india
international oil market
lpg
narendra modi
oil prices
oil reserves
petrol prices
supply chain
Chandigarh, March 27 The supply of petroleum products in Haryana remains smooth and uninterrupted, Chief Minister Nayab Singh Saini said on Friday.Participating in a virtual meeting with Prime Minister Narendra Modi, Saini said he had held meetings with petroleum companies to review the...
chief minister
commercial lpg
energy sector
exciseduty
gas distribution
government policy
haryana
india
infrastructure
lpg
lpg cylinders
natural gas pipelines
petroleum products
png connections
supply chain
west asia conflict
Mumbai, March 27 Maharashtra Deputy Chief Minister Eknath Shinde on Friday said the Centre's decision to reduce the special additional excise duty on petrol is a masterstroke that will provide relief to citizens.In a post on X, Shinde accused the Opposition of instilling fear among people that...
bpcl
crude oil prices
eknath shinde
exciseduty
fiscal policy
fuel prices
government policy
hpcl
india
inflation
ioc
maharashtra
petrol
petroleum excise
union government
New Delhi, March 27 Emphasizing that there was no shortage of LPG cylinders or fuel, Union Home Minister Amit Shah said on Friday that India has managed to maintain supplies and prices despite a spike in global oil prices due to geopolitical tensions.Urging people to trust the Narendra Modi...
amit shah
diesel prices
economic resilience
exciseduty
fuel supply
geopolitical tensions
government policy
india
india-us relations
international relations
lpg cylinders
narendra modi
oil prices
petrol prices
Bhubaneswar, March 27 In response to the Central Government's decision to reduce excise duty on petrol and diesel by Rs 10 per litre, the main opposition party, the Biju Janata Dal (BJD), demanded a reduction in the Value Added Tax (VAT) imposed by the Odisha government on fuel, citing that the...
biju janata dal
central government
diesel
exciseduty
fuel crisis
india
israel-us-iran conflict
odisha
odisha vat rate
petrol
political statement
price volatility
state government
value added tax
vat
New Delhi, March 27 The BJP on Friday strongly criticized the opposition for its "misleading campaign" regarding fuel prices while welcoming the Centre's decision to cut excise duty on petrol and diesel, saying this move will provide much-needed relief to ordinary citizens.The government has...
Bengaluru, March 27 – Karnataka Chief Minister Siddaramaiah, Deputy Chief Minister D.K. Shivakumar, and AICC General Secretary Randeep Singh Surjewala launched a sharp attack on the Union government on Friday, alleging large-scale “loot” through taxation on petrol and diesel over the past 11...
Patna, March 27 Bharatiya Janata Party (BJP) MP Manoj Tiwari on Friday praised the Centre's move to reduce excise duty on petrol and diesel, calling it a "Ram Navami gift for the country".Manoj Tiwari said, "This is the biggest news of the day. The country has received a gift on Ram Navami."...