The retail price of petrol and diesel is decided after adding central excise, commission paid to dealers and VAT to basic oil prices
07 Nov 2021 1:18 PM
Wait, it won't increase the price you pay at the bunk, but the price cut you were expecting isn't happening
14 Mar 2020 11:35 AM
Currently, airlines have to pay charges such as 'throughput charges', 'into plane charges' and 'fuel infrastructure charges.'
18 Aug 2019 11:56 AM
A litre of petrol costs Rs 70.51 in Delhi and Rs 76.15 in Mumbai.
05 Jul 2019 5:08 PM
Arun Jaitley had earlier announced a cut of Rs 2.50 per litre on both petrol and diesel prices.
12 Oct 2018 3:16 PM
Jet fuel was priced at Rs 47,013 per kl in July last year and has risen by 58.6 per cent since then.
11 Oct 2018 8:54 AM
The government reduced the prices of petrol and diesel by Rs 2.50 per litre on October 4, 2018.
05 Oct 2018 4:43 PM
Excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues.
04 Oct 2018 3:49 PM
MEIS benefit for certain items have been enhanced to 20 per cent from the current 10 per cent.
29 Sep 2018 10:23 AM
Centre collected a staggering Rs 2,29,019 crore as excise revenue from the petroleum sector in FY18.
18 Sep 2018 10:53 AM
He emphasised on the Central Government to reduce the excise duty on fuel products.
11 Sep 2018 1:04 PM
A one rupee per litre cut in taxes would result in revenues being hit by Rs 30,000 crore on an annualised basis.
11 Sep 2018 8:42 AM
Opposition parties have announced nationwide strikes and protests next week over record-high fuel prices.
07 Sep 2018 6:01 PM
The Centre has said it will not cut excise duty on petrol and diesel to cushion the spiralling prices.
07 Sep 2018 1:59 PM
Petrol and diesel prices on Tuesday touched fresh highs as rupee dipped to a record low of 71.54 against US dollar.
04 Sep 2018 5:46 PM
The duty benefits were enhanced and extended under the Merchandise Export from India Scheme (MEIS).
14 Jul 2018 10:38 AM
The level of non-oil taxes to GDP at 9.8 per cent in 2017-18 is the highest since 2007-08.
18 Jun 2018 4:09 PM
Over Rs 19 per litre is added to the cost on account of excise duty levied by the Centre.
08 Jun 2018 12:17 PM
Moody's had last year upped India's sovereign rating for the first time in over 13 years to 'Baa2'.
07 Jun 2018 2:37 PM
Central govt levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel.
04 Jun 2018 4:40 PM