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Tag: Excise Duty

BJP, Congress urge Odisha govt to follow Centre's suit, reduce VAT on fuel 
BJP, Congress urge Odisha govt to follow Centre's suit, reduce VAT on fuel 

While BJP State President Samir Mohanty in a tweet on Sunday called for a cut in VAT by the State government, his party at a press conference in Sambalpur reiterated the same demand. 

Fuel Prices
Excise Duty Cut On Petrol, Diesel Provided Relief To Consumers: Eco Survey

The Centre in early November slashed excise duties on petrol and diesel by Rs 5 and Rs 10 per litre, respectively. Taking cue from this, some states too followed suit.

Fuel Price
Centre Announces Excise Duty Reduction On Petrol And Diesel On Diwali Eve

Government of India has taken a significant decision of reducing Central Excise Duty on Petrol & Diesel by Rs. 5 and Rs. 10 respectively from Thursday (Diwali). Prices of petrol & diesel will thus come down accordingly.

No Proposal To Raise Excise Duty On Cigarettes, 'Bidis': Govt

New Delhi: The Centre informed the Rajya Sabha on Tuesday that there was no proposal to raise the excise duty on cigarettes, ‘bidis’ and smokeless tobacco. In a written reply to a question, Minister of State for Finance Anurag Thakur said that there was no recommendation by the GST Council to raise the Goods and […]

Excise duty on aviation fuel cut to 11% from 14%

New Delhi: Days after central excise duty cut in petrol and diesel, the government on Wednesday reduced the excise duty on aviation fuel to 11 per cent from 14 per cent in order to provide relief to airlines from high fuel costs. The Central Government “on being satisfied that it is necessary in the public […]

Petrol, diesel prices slashed by Rs 2.50 per litre

New Delhi: In a major relief for consumers across the country, the Centre today slashed the prices of petrol and diesel by at least Rs 2.50 per litre. The announcement was made by Finance Minister Arun Jaitely today. “Excise duty to be reduced by Rs 1.50 & OMCs will absorb Rs 1. So, a total […]

BJD launches 3-day statewide protest against fuel price rise

Bhubaneswar: Activists of the Biju Janata Dal (BJD) today took to streets here as part of the party’s three-day statewide protest against skyrocketing of fuel prices across the country. Holding banners and shouting anti-Government slogans, hundreds of party activists, including women staged a demonstration followed by a protest meeting at Raj Bhawan Square here. Members […]

Petrol price cut by Rs 2.42/L, diesel Rs 2.25/L; excise hiked

Petrol price was on Friday cut by Rs 2.42 per litre and diesel by Rs 2.25 a litre after an excise duty hike limited the benefit of global crude prices slumping to six-year low

No change in petrol, diesel prices

New Delhi: There will be no change in retail fuel prices though the government added excise duty of Rs 2/litre on petrol and diesel from midnight today. “However, retail price of petrol & diesel will remain unchanged allover India despite additional excise duty of Rs 2/litre from midnight today,” Union petroleum minister Dhramendra Pradhan said […]