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Latest Articles in diesel
Jio-BP Launches Premium Diesel That Promises Fuel Economy Upto 4.3%
With this launch, the company has also kicked a new price war in the market
Read MoreGovernment Cuts Windfall Tax on Crude Oil To Zero, Diesel Halved
The government intends to withdraw the windfall tax once global crude oil prices fall firmly below USD 70/barrel
Read MoreCentre Cuts Windfall Tax On Domestic Crude Oil, Marginally Hikes Diesel Exports
The tax was earlier levied at 4,400 per tonne. It also marginally hiked the tax on diesel meant for exports to `1 per litre from 0.5 per litre earlier while continuing the exemption on aviation turbine fuel and petrol exports
Read MoreDigant Sharma, CMD Of Francture Brands Has Done Sole-Tie-Up With Renowned Russian Refinery For Crude Oil, LPG, LNG, Diesel And More
As per the data in January, Iraq was India’s second-biggest source of crude with an average supply volume of 0.92 million barrels per day
Read MoreGovt Raises Windfall Tax On Crude, Diesel And Aviation Turbine Fuel
The windfall tax on crude oil was raised to Rs 2,100 (USD 25.38) per tonne from Rs 1,700 (USD 20.55) which will be effective from Tuesday
Read MoreSevere AQI In Delhi: Reasons, Actions Taken Till Now
Diesel vehicles, mainly aged trucks are one of the biggest contributors to increasing the PM levels (particulate matter) of 2.5 in the atmosphere in Delhi NCR
Read MoreCentre Reduces Windfall Tax On Crude Oil; Hikes Export Levy On Diesel, ATF
The Centre has gone in for a cut in the windfall tax on the sale of locally produced crude oil at a time when global oil prices have largely remained flat at around USD 95 per barrel
Read MoreIndia's Fuel Demand Hits 10-month Low In September
The total monthly demand in September fell 3.6 per cent from August 2022, although on a year-on-year basis it was up 8.1 per cent
Read MoreGovt Cuts Windfall Tax On Crude Oil, Diesel, ATF Exports
In the fifth fortnight review, the government reduced the tax on domestically produced crude oil from Rs 13,300 per tonne to Rs 10,500 per tonne
Read MoreGovernment Raises Taxes On Diesel, Aviation Fuel Export
The government also hiked the windfall tax for domestically produced crude oil from 13,000 rupees per tonne to 13,300 rupees per tonne
Read MoreHow India's Export Curbs, Tax Hike Will Exacerbate Global Diesel, Petrol Shortage
The world is grappling with tight gasoline and diesel supplies as Western sanctions have reduced exports from Russia while demand has surged in a post-pandemic recovery
Read MoreCentre Raises Taxes On Export Of ATF, Diesel And Petrol; Windfall Tax On Domestic Crude Oil
It has imposed Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel
Read MoreFM Sitharaman Rebuts Opposition's Flak On Excise Duty Cuts
First, former union finance minister P Chidambaram and then other Opposition leaders stated that the reduction in excise duty announced on Saturday evening would reduce the share of states in central taxes. On Sunday he retracted his statement saying the cut in the levies accrues to the central government alone
Read MoreFinance Minister Announces Excise Duty Cut On Petrol And Diesel
The government has reduced central excise duty on petrol and diesel by Rs 8 per litre and Rs 6 per litre respectively
Read MoreIndia's Petrol, Diesel Sales Rebound In May As Pick-up In Economic Activity
Another factor was the low base effect. April saw consumption drop due to a Rs 10 per litre hike in petrol and diesel prices after an over four-month hiatus
Read More