Search For "excise duty"
"If you can't help, at least don't hurt": Tamil Nadu CM slams Centre over
Updated : 11 months, 1 week ago IST
In a post on X, Stalin accused the BJP-led Central government of hiking excise duty on petrol and diesel prices despite a drop in global crude oil rates, stating that citizens are not asking for a price cut but merely begging for no further increases.
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No relief to people on petroleum prices, "Kumbhakarna sleep" on tariff po
Updated : 11 months, 1 week ago IST
Amid the turmoil in stock markets over the tariffs imposed by US President Donald Trump, Congress chief Mallikarjun Kharge on Monday attacked the Modi government, stating that the benefit of reduced international crude prices has not been passed on to consumers and excise duty has now been h
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"Govt engaging in profiteering": Congress' Supriya Shrinate after Centre i
Updated : 11 months, 1 week ago IST
The central government has raised the excise duties on diesel and petrol each by Rs 2 per litre, effective from Tuesday, according to a notification from the Department of Revenue.
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Government increases excise duty on petrol, diesel by Rs 2 per litre
Updated : 11 months, 1 week ago IST
Although it has not been announced yet, the excise duty hike is expected to be absorbed by the oil companies rather than being passed on to consumers.
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Pakistan government introduces new amends in budget to meet IMF criteria
Updated : 1 year, 8 months ago IST
In an amendment to Finance Bill 2024, which was presented to the National Assembly on June 12, the government reduced the Petroleum Development Levy (PDL) on diesel and petrol from Pakistani Rupees (PKR) 80 to PKR 70 per litre but increased it from the existing PKR 60.
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Excise sticker case: Nepal's anti-graft body lodge corruption case against
Updated : 1 year, 8 months ago IST
The Commission for Investigation of Abuse of Authority (CIAA), Nepal's anti-graft body on Sunday filed a case in the special court against the Chief Secretary and 10 others in alleged corruption during the printing of excise duty stickers.
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India slashes windfall tax on petroleum crude
Updated : 1 year, 10 months ago IST
The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum has been slashed from Rs 9,600 per tonne to Rs 8,400 per tonne.
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Rs 2.2 lakh crore revenue foregone due to excise duty cuts on petrol, dies
Updated : 2 years ago IST
The minister talked about the steps taken by the Modi government to reduce and maintain fuel prices despite fluctuations in global crude oil prices
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"They are cheating the people...": Rajasthan CM Gehlot attacks Centre over
Updated : 2 years, 3 months ago IST
"The government of India is playing a game. The basic excise duty that is distributed to the states has almost been finished and the new excise duty, including the additional excise duties 1, 2 and Cess, is not being distributed to the states. They are taking all the money into the centre
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PM Modi slams Opposition parties for playing politics over 'petrol'
Updated : 2 years, 8 months ago IST
Prime Minister Narendra Modi on Tuesday slammed Opposition parties for playing politics over petrol prices and said that the Central Government has slashed excise duty twice in two years so that it does not burn a hole in people's pocket.
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Revenue of top Indian states to grow 6-8 pc in 2023-24 fiscal: Crisil
Updated : 2 years, 9 months ago IST
The top Indian states, accounting for 90 per cent of aggregate gross state domestic product, are expected to see revenue growth of 6-8 per cent to a cumulative Rs 34 lakh crore in the 2023-24 financial year, according to rating agency Crisil.
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