excise duty

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    India Reinstates Diesel & ATF Export Taxes – With an Exception

    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...
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    Govt Exceeds Indirect Tax Collection Estimates

    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...
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    LPG Deliveries Surge: Over 60 Lakh Cylinders Distributed

    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...
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    Additional Excise Duty on Aviation Fuel Passes Rajya Sabha

    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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    Government Assures Crop and Fuel Availability Amidst Global Concerns

    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...
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    India Maintains Fuel Availability Amid Global Economic Concerns

    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"...
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    India's Fuel Taxes: SEZ Export Duty Clarity Critical for Reliance

    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...
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    Reddy Assures Petroleum Supply Amid Global Tensions

    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...
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    Haryana CM Thanks PM for Fuel Excise Cuts, Ensures Stable Supply

    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...
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    Reasi Residents Appreciate Excise Duty Reduction

    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...
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    PM Modi's Support Appreciated: Haryana CM on Fuel Prices

    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...
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    Haryana Addresses LPG and Fuel Shortages Amid Global Tensions

    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...
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    India Maintains Stable Petrol, Diesel Prices Amid Global Surge

    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...
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    Haryana Petroleum Supply Stable Amid Global Concerns

    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...
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    India's Excise Duty Reduction Alleviates Fuel Costs

    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...
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    Government Action Shields Consumers from Rising Oil Costs

    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...
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    Odisha BJD Demands VAT Reduction on Fuel Amidst Global Uncertainty

    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...
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    Opposition Targets Fuel Prices; BJP Highlights Relief Measures

    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...
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    Fuel Prices Surge: Karnataka Officials Cite Tax History

    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...
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    Fuel Prices Stabilized: Centre Reduces Excise Duty

    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."...
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