Government scraps windfall tax on crude oil
Levy on diesel export cut to `0.5 a litre as softening trend seen in oil prices in 2nd half of March
Excise collection on petroleum goods to fall by Rs 60k crore
According to government estimates, excise duty collection from petroleum products in 2022-23 is likely to be around R3 lakh crore compared with R3.63 lakh crore in the previous year.
Reduce state taxes on fuel, TDP general secretary Lokesh writes to CM Jagan Mohan Reddy
Lokesh demanded that the AP government reduce the additional VAT and road cess on fuel to provide relief to people.
Market might get a short-term boost from fuel excise cut
Immediate near-term positives include a cut in excise duty on petrol and diesel, which could cool retail level inflation and China slashing a key interest rate on homes to spur demand.
Stop fooling people: Rahul Gandhi’s swipe at government over oil prices
Former Congress chief Rahul Gandhi led his party’s attack on the fuel excise duty reduction, saying that the government should end fooling the people.
Andhra: Cut in excise duty on fuel brings cheers to denizens
State govt urged to slash VAT, cess and additional charges on fuel.
Excise duty cut on Fuel price: Trinamool says BJP trying to fool masses
TMC national spokesperson Sukhendu Sekhar Ray said the Centre has raised the prices of petrol and diesel at least 14 times in the past few months and by leaps and bounds in the past one year.
'Fuel prices reduction a formality': Gehlot hits out at Modi government
He also demanded that the central government should lower the petrol and diesel prices to the level during the UPA rule if the government wants to give relief to people in the true sense.
Reduction of excise duty on petrol, diesel not enough, says Thackeray; Fadnavis hits back
In a statement, Thackeray criticised the Central government for minimal reduction of excise duty on petrol and diesel.
Cut on fuel excise duty: Stop befooling people, says Congress; Nadda seeks VAT cut by opposition-ruled states
Congress chief spokesperson Randeep Surjewala said the government had increased the excise duty on petrol by Rs 10 in 60 days and is now 'duping' people by reducing it by Rs 9.50.
Kerala announces cut in state tax on petrol by Rs 2.41, diesel by Rs 1.36
Announcing the cut on state tax, Kerala Finance Minister K N Balagopal said the Union government has partially reduced the huge tax imposed by it. He, however, welcomed the Centre's decision.
'It is always people first for us': PM Modi on excise duty cut on fuel prices
The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers from high fuel prices.
Government cuts excise duty on petrol by Rs 8, diesel by Rs 6 to fight surging inflation
"This will reduce the price of petrol by ₹ 9.5 per litre and of diesel by ₹ 7 per litre," Finance Minister Nirmala Sitharaman tweeted.
Worried Modi government scratches its head over rising petrol prices
While finance secretary Hasmukh Adhia on Monday ruled out any immediate reduction in excise duty, sources told TNIE that the option is still open.
Need revenue for public spending: Jaitley on high oil taxes
Arun Jaitley provided no indication today of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending.
Vizhinjam seaport protests: Police station attack was with 'ulterior intention', says Kerala CM
'The Kashmir Files' controversy: Apologies if my remarks were interpreted differently, says Nadav Lapid
Will fight again, against what is wrong: Bilkis Bano on remission given to her rapists
Tamil Nadu amended law that allows Jallikattu seeks to prevent cruelty on animals: State tells SC
India dismisses China's concerns on military exercise with US in Uttarakhand
'Bazball' powers England to new first-day record against Pakistan in 1st Test