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Total 81 results found. Search for [ state levy on fuel ]

Results 1 to 21 of 81
Ameya Joshi
New Delhi, September 17, 2018
The ambitious UDAN Scheme has got off to a slow start as airlines navigate the challenging operating conditions after the initial enthusiasm.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


BusinessToday.In
September 7, 2018
A litre of petrol is retailing at Rs 79.99 in the national capital while the same is selling for Rs 87.39 in the financial hub of Mumbai.


Rajeev Dubey
New Delhi, September 3, 2018
Over Rs 10 lakh crore from fuel taxes have been deployed in social schemes.  Cutting taxes mean cutting down on such schemes which will be political hot potato in the run-up to general elections.


BusinessToday.In
August 31, 2018
On Friday, diesel touched a lifetime high of Rs 70.21 per litre in the national capital while the price of petrol was at Rs 78.52.


PTI
August 27, 2018
The increase pushed diesel price to its highest ever level of Rs 69.46 a litre in Delhi. In Mumbai, the fuel now costs Rs 73.74 a litre.


Rahul Shrivastava
July 12, 2018
The GST Council had formed a GoM (Group of Ministers) in May to look into the into the food ministry's proposal for the creation of a corpus of Rs 6,700 crore through a levy of up to Rs 3 per kg on sugar over the existing GST of 5 per cent on the good.


BusinessToday.In
New Delhi, July 5, 2018
The three state-owned fuel retailers, IOC, Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) had not revised petrol and diesel prices since June 26 before which it was on a steady decline.


PTI
New Delhi, June 29, 2018
If petrol, diesel are to be brought into GST, then states will be allowed the levy taxes on top of 28 per cent to prop up revenue. It will take some time to include petrol, diesel in GST as the states have divergent views, Modi said.


BusinessToday.In
June 20, 2018
The tax structure for petrol and diesel is likely to be a peak tax rate of 28 per cent plus states levying some amount of local sales tax or value added tax (VAT).


BusinessToday.In
May 30, 2018
Any IndiGo ticket you book now will carry a fuel surcharge of Rs 200 on short flights covering a distance of under 1,000 km, while flights on longer routes above this threshold will incur an extra charge of Rs 400 per passenger.


BusinessToday.In
May 28, 2018
The Central government levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel. States charge value added tax that varies from state to state. In Delhi, VAT on petrol is Rs 16.41 and on diesel Rs 10.05.


BusinessToday.in
New Delhi, May 25, 2018
Windfall tax on ONGC in offing to soften fuel pricesThe government may levy a windfall tax on oil producers like Oil and Natural Gas Corporation Ltd. as part of a permanent solution it is working on for moderating the spiralling retail prices of petrol and diesel.The tax, which may come in the form of a cess, will kick in the moment oil prices cross $70 per barrel, sources privy to the development said. Under the scheme, oil producers like ONGC, who get paid international rates ...


BusinessToday.In
May 24, 2018
After Karnataka polls, the overall increase in the prices of petrol has been Rs 2.84 per litre whereas diesel has gone up by Rs 2.60 during the same period.


PTI
New Delhi, May 23, 2018
The nearly 30 per cent increase in aviation turbine fuel (ATF) over the last one year could compel domestic airlines to go for a upward fare revision to offset the increased cost of operations, according to experts.


PTI
May 23, 2018



BusinessToday.In
New Delhi, May 21, 2018
The last time the centre reduced the excise duty on fuel was in October 2017. Though Finance Minister Arun Jaitley had said earlier that the centre favours bringing petroleum products under the GST umbrella, a short-term intervention is unlikely as it may disturb the fiscal deficit situation.


BusinessToday.in
February 1, 2018
In a rejig of excise duty on petroleum products, the union government on the Budget Day cut basic excise duty on petrol and diesel by Rs 2. The Modi government has also abolished additional excise duty on fuel by Rs 6. While the government has cut excise duty, petrol prices are likely to remain the same as a new road cess of Rs 8 per litre has been introduced. 


BusinessToday.in
New Delhi, February 1, 2018
All eyes will be on Finance Mister Arun Jaitley today as he presents his fifth Union Budget-and the last full one for the Modi government before the general elections coming up next year.


BusinessToday.in
New Delhi, January 25, 2018
In reality, a short-term intervention by the government is pretty unlikely as it may disturb the fiscal deficit situation.


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