Sat, Dec 21, 2024
Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax.
More >
Mon, Dec 02, 2024
The petroleum ministry on Monday (December 2, 2024) removed the windfall tax on aviation turbine fuel (ATF), crude products, diesel, and petrol, Zee Business reported. The ministry has also removed road and infra cess on petrol and diesel exports.
Sun, Dec 01, 2024
India's petrol and diesel consumption soared in November as the festive season reversed a fall in demand witnessed in previous months, preliminary data of state-owned firms showed on Friday.
Fri, Dec 16, 2022
The Centre has cut the windfall profit tax on domestically produced crude oil, and also reduced the levy on diesel exports. The revised tax rates become effective from Dec 16.
Tue, Nov 01, 2022
In the fortnightly revision of windfall tax, the government hiked the rate on export of diesel to Rs 13 per litre from Rs 12 per litre.
Aviation turbine fuel (ATF) price was hiked by Rs 4,842.37 per kilolitre, or 4.19 per cent, to Rs 120,362.64 per kl in the national capital, according to a price notification of state-owned fuel retailers.
Sun, Oct 16, 2022
The tax on crude oil produced by firms such as state-owned ONGC was increased to Rs 11,000 per tonne beginning October 16 from Rs 8,000, a government notification showed.
Thu, Sep 01, 2022
Fuel (ATF) exports too has been hiked to Rs 9 from Rs 2 per litre with effect from September 1, according to a finance ministry notification issued late Wednesday night.
Fri, Aug 19, 2022
At the third fortnightly review, the government has increased the windfall profit tax on the export of diesel to Rs 7 per litre from Rs 5 a litre and brought a Rs 2 a litre tax on ATF exports
Sun, Aug 14, 2022
The windfall tax was targeted mainly at Reliance Industries Ltd and Russian oil major Rosneft-backed Nayara Energy, who the government believed were making a killing on exporting large volumes of fuel made from discounted Russian oil, at the cost of the domestic market, three sources with knowledge of the matter said.
Wed, Aug 03, 2022
India, which is the world`s third largest oil importer, on Aug 2 also raised the tax on domestically produced crude.
Wed, Jul 20, 2022
Excise duty on crude oil, ATF has been reduced. Excise duty on diesel has also been reduced. Which companies will benefit the most? Know full details from Varun Dubey.
India on Wednesday cut a windfall tax on diesel and aviation fuel exports by Rs 2 per liter, news agency Reuters reported.
Sat, Jul 16, 2022
Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices.
Thu, Jun 16, 2022
Airlines companies have suffered a major setback. ATF prices have increased by 16% simultaneously. Jet fuel prices are revised on the 1st and 16th of every month.
Sat, Apr 16, 2022
Jet fuel prices on Saturday were hiked by a marginal 0.2 per cent -- the eighth straight increase this year -- to an all-time high, reflecting a surge in global energy prices.
Sun, Jan 02, 2022
The price of a 19-kg LPG cylinder, which is used in commercial establishments like hotels and restaurants, has been accordingly cut by Rs 102.5
Fri, Jul 16, 2021
State-run refiners increased the jet fuel prices on Friday adding more worries to the Indian carriers struggling to reboot operations after extensive disruptions due to the fresh wave of pandemic.
Mon, Jun 01, 2020
Jet fuel (ATF) price was on Monday hiked by a steep 56.5 per cent and that of non-subsidised cooking gas LPG by Rs 11.5 per cylinder on the back of firming up of international oil rates, but petrol and diesel prices continued to remain on freeze for a record 78th day.
Sun, May 03, 2020
This the steepest cut ever and sixth reduction in ATF prices since February.
Sun, Sep 01, 2019
The market-priced or non-subsidised cooking gas (LPG) price has been increased once again, oil firms said in a price notification. This time, the price has been hiked by Rs 15.5.
Wed, Nov 01, 2017
Every month, the state-owned oil firms revise the prices of cooking gas and aviation turbine fuel in metro cities like Delhi, Kolkata, Mumbai and Chennai.
Sun, Oct 01, 2017
Aviation turbine fuel (ATF) will now cost Rs 3,025 per kl more than Rs 50,020 previously in Delhi. This the third consecutive monthly hike in ATF price, the last being by 4% (Rs 1,910 per kl) on September 1.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
