Browsing Tag
Excise
Excise Duty On Petrol Was Rs 9.48/Litre, Diesel Rs 3.56 In 2014: Minister
<!-- -->The contribution of the sector to the states rose from Rs 1.6 lakh crore to Rs 2.82 lakh crore.New Delhi: Excise duty on petrol was Rs 9.48 per litre and Rs 3.56 on diesel when BJP came to power in 2014 before it rose to a…
Delhi Liquor Row: Hotels, Bars, Shops Closed as Excise Department Yet to Issue Extension Order
Even as the AAP government granted a one-month extension of the current liquor excise policy, clubs, hotels and restaurants in Delhi did not serve alcohols as the worry about the future of their liquor licenses could be seen clearly. The…
Uma Bharti announces silent protest against liquor shops in MP; urges JP Nadda to bring uniform…
Senior BJP leader Uma Bharti has written a letter to party president J P Nadda, demanding a uniform excise policy for all BJP-ruled states, and also announced a silent protest outside liquor shops in Madhya Pradesh till October this year as…
Jet Fuel: Govt rolls back additional excise burden on jet fuel for int’l flights | India Business…
NEW DELHI: Cash-strapped Indian carriers have been spared the additional excise burden imposed recently imposed on aviation turbine fuel (ATF) being tanked up for international flights. The Union finance ministry had on June 30, 2022,…
Govt. exempts excise on ATF for overseas flights
Airlines had urged rollback of the duty after an OMC levied the impost on the fuel
Airlines had urged rollback of the duty after an OMC levied the impost on the fuel
The Finance Ministry has exempted domestic carriers from paying 11%…
Breather For Domestic Airlines: Govt Exempts Excise Duty On Jet Fuel For Foreign-Going Flights
In a relief to airlines, the finance ministry has said the excise duty on aviation turbine fuel (ATF), or jet fuel, which was introduced last week, will not apply on foreign-going flights. The move brings domestic carriers at par with…
Centre Exempts Excise Duty On Jet Fuel Purchases By Indian Airlines For Overseas Flights
<!-- -->Finance Ministry clarified that excise duty won't be applicable on domestic carriers for foreign flights.New Delhi: The Finance Ministry has exempted domestic airlines running international flights from 11 per cent basic…
Windfall Tax On Oil Firms To Compensate Most Losses From Excise Cut On Fuel
<!-- -->Windfall tax to recoup most of Rs 1 lakh crore revenue lost in excise cutsNew Delhi: The windfall tax on oil produced within India and fuel exported overseas will make up for more than three-fourths of the revenue the…