excise duty

New Delhi, April 10 Jio-BP, the fuel joint venture of Reliance Industries Ltd and BP Plc, does not plan to immediately raise fuel prices despite a spike in international oil prices, its chief executive Akshay Wadhwa said on Friday.The country's second-largest private fuel retailer has kept...

New Delhi, April 8 – The shortfall in the Pakistani government's revenues has emerged as a major weakness in the IMF program.These revenues are the cornerstone of Pakistan's IMF loan agreements, focusing on aggressive tax expansion to meet revenue targets and secure funds. To align with the...

New Delhi, April 7 The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs affected by the West Asia crisis, sources said.Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders...

New Delhi, April 6 – Finance Minister Nirmala Sitharaman stated on Monday that fiscal prudence has given the government the flexibility to maintain capital expenditure (capex) and support sectors affected by the crisis in West Asia.Furthermore, she said that the Reserve Bank can consider...

Chandigarh, April 5 Describing Jind as Haryana's "heartbeat," Chief Minister Nayab Singh Saini on Sunday unveiled development projects worth Rs 253 crore for the district, significantly enhancing irrigation, road infrastructure, health services, and water supply in the region.Saini laid...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...