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Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol costs Rs 34 per litre before tax, dealer commission in NCR

On December 19, the retail price of petrol was Rs 70.63 a litre.

21 Dec 2018 12:13 PM GMT

Trucks parked on a roadside as operators and owners strike against fuel price hike and third party insurance premium hike on Monday. (Photo: Asian Age)

Truckers join nationwide stir against fuel hike

The state's principal secretary, transport, Alapan Bandopadhayay, said the strike has had a marginal effect in the...

19 Jun 2018 1:17 AM GMT

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Trade deficit widens to $14.6b

Higher crude oil prices increase deficit, but pickup in exports offsets it.

15 Jun 2018 7:56 PM GMT

The GST Council could consider bringing natural gas within the purview of Goods and Services Tax in its next meeting, an official said on Friday.

Council to discuss bringing natural gas under GST in next meeting

Dheeraj Rastogi said aviation turbine fuel would be another petroleum product that could also be brought within the GST.

8 Jun 2018 10:11 AM GMT

The Madhya Pradesh government on Saturday made it clear that petroleum products will not be brought under the ambit of GST. Photo: PTI

Madhya Pradesh clarifies it will not bring petroleum products under...

Jayant Mallaiya said it is difficult to bring petroleum products under GST as state gets 35 per cent of its revenue from...

12 Aug 2017 1:17 PM GMT

Former Union finance minister and senior Congress leader P Chidambaram (Photo: PTI)

Chidambaram points out 40 per cent of India's GDP kept out of GST

GST is believed to be the biggest economic reform since independence.

23 July 2017 1:23 PM GMT

The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

Clamour grows to bring petroleum under GST; J&K fires 1st salvo

GST is perhaps the most significant tax reforms post independence and will revolutionise the entire indirect tax system.

22 May 2017 8:10 AM GMT

Heavy rush at a petrol pump following demonetization of Rs 500 and Rs 1000 notes. (Representational image)

Home delivery of petrol and diesel to be reality soon

Facility would help consumers avoid spending excessive time, long queues at fuel stations, says Dharmendra Pradhan.

21 April 2017 12:06 PM GMT