Page 10 - Excise Duty

Oil cos likely to absorb Rs 2 per litre excise duty on unblended petrol

Since there is inconsistency in ethanol blending levels across fuel depots, pricing petrol for consumers with the Rs 2 variation on some days is tricky

IndiGo terms Budget 2022 as growth-oriented, expects duty cut on jet fuel

Budget carrier IndiGo termed the Union Budget 2022-23 as "growth-oriented" while expecting a cut in the excise duty on jet fuel.

Excise Policy 2021 to continue beyond March 31, Delhi govt tells HC

The Delhi government informed the Delhi High Court that its Excise Policy of 2021 will continue beyond March 2022 and there will not be any 'new change' in it for the next financial year

Public health groups, docs urge govt to hike tobacco products' excise duty

In their appeals to the Finance Ministry, they have sought an increase in excise duty on cigarettes, bidis and smokeless tobacco

Govt makes largest-ever payment for slashing oil bond dues

Total interest outgo to top Rs 1.6 trn, against bonds of Rs 1.44 trn since FY10

With Delhi's new excise policy in, 194 set to lose jobs

With the discontinuation of Delhi government liquor vends in wake of the new excise policy, 194 outsourced employees hired through (ICSIL), engaged in liquor business have lost their jobs.

Sustainable fuel taxes

India needs a more transparent tax structure

Fuel pump dealers bleed on sudden excise duty cut on petrol, diesel

Dealers earn a commission of Rs 2.58 a litre on diesel and Rs 3.85 a litre on petrol

Excise duty cut on petrol, diesel could reduce inflation by 30 bps

Petrol's price rise remained elevated even as it moderated to 22.26 per cent in September from 24.01 per cent in the previous month

23 states lower VAT rates on petrol, diesel after Centre's excise duty cut

According to an official statement, states that reduced fuel prices the most were Karnataka, followed by Puducherry and Mizoram

Digvijay demands Centre to cut excise duty on fuel prices to 2014 level

Singh on Friday demanded that the Centre should further cut the excise duty on fuel to what it was during the Congress regime in 2014, adding that the move will bring the prices further down by Rs 18

Excise duty cut on fuel 'very sensitive decision by PM': Amit Shah

"It is a confirmation of our charge that fuel prices are high mainly because of high taxes," he said

Cut in excise duty on fuel by-product of bypoll results: Chidambaram

The senior Congress leader on Thursday took a swipe at the BJP

PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah

The Union home minister on Thursday lauded Modi's decision regarding the excise duty on fuel

Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura

A cut in excise duty on petrol and diesel and the ensuing drop in retail selling price of these auto fuels should also help address inflation concerns to some extent, analysts said

Diwali cheer: Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10

Experts said the increase in consumption and tax buoyancy will help offset excise duty cuts on fuels to an extent

Govt's excise collection on petro products 79% more than pre-Covid levels

The govt's collection from levy of excise duty on petroleum products has risen 33% in the first six months of the current fiscal when compared with last year and is 79% more than pre-Covid levels

New excise policy: Delhi govt seeks applications for serving liquor

Moving ahead with the implementation of its new excise policy, the Delhi government has invited applications from hotels, clubs, motels, bars and restaurants for serving liquor on their premises

Delhi govt has power to float New Excise Policy 2021, observes HC

The Delhi High Court refused to stay the closure of retail vends having L7 licences for the sale of Indian liquor in private sector under the old policy with effect from September 30

BS Number Wise: The name's bond, oil bond!

Do you think the government will bite the bullet and cut excise duties?