Browsing Tag
excise duty
12 posts
No plans to cut taxes on petrol, diesel: Pradhan
Taxes make up for over 61 per cent of retail petrol price while they constitute more than 56 per cent of diesel pump rates.
February 10, 2021
Tax now forms 70% of petrol, diesel prices
Together with central and state taxes, freight, dealers commission the petrol on Wednesday is priced at Rs 71.26 a litre in Delhi while diesel's current selling price stands at Rs 69.39 a litre.
May 6, 2020
Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8/l in future
The government had on March 14 raised excise duty on petrol and diesel by Rs 3 per litre each to raise an additional Rs 39,000 crore in revenue annually.
March 23, 2020
Excise duty on aviation fuel cut to 11% from 14%
The move will provide relief to airlines who are facing high fuel costs and falling rupee. It assumes significance as ATF costs constitute 35-40 per cent of the total operating cost of an airline in India.
October 11, 2018
Govt not considering cutting excise duty on petrol, diesel: Subhash Chandra Garg
New Delhi, May 1: As Petrol and Diesel prices have reached a 4-year high, still the Narendra Modi…
May 1, 2018
Jaitley dismisses withdrawal of 1% excise duty on gold
Finance Minister Arun Jaitley on Thursday dismisses withdrawal of 1% excise duty on gold in Lok Sabha. Wefornews…
May 5, 2016
UP jewellers open shops after 43-days strike
Uttar Pradesh jewellers finally opened their shops on Wednesday, after 43-days of nationwide strike against the excise fees…
April 13, 2016
This is not excise duty, this is an assassination attempt, says Rahul in jewellers protest
Congress vice president Rahul Gandhi joins in jewellers protest against the imposition of excise duty on non-silver jewellery,…
April 6, 2016
Rahul Gandhi to join jewellers protest at Jantar Mantar
Congress vice-president Rahul Gandhi will on Wednesday go to Jantar Mantar to join jewellers protest against Centre’s excise…
April 6, 2016
Shutdown observed in Himachal against excise duty on jewellery
Shimla, March 26 : Shops and commercial establishments were shut in nearly all towns of Himachal on Saturday, as…
March 26, 2016
Is Union budget 2016-17 really fruitful for general public?
Finance Minister Arun Jaitley presents National Budget 2016-2017. With an eye on supporting the small tax-payer and the…
February 29, 2016
Why 75 percent drop in global oil prices isn’t reaching you
Record production in the US, weakened demand from the Eurozone and emerging economies like China and Brazil, and…
February 8, 2016