Petroleum

Government raises windfall tax on petroleum crude

The tax, which is revised every fortnight, will remain unchanged at zero for diesel and aviation turbine fuel.

15 April 2024, 20:09 IST

Government raises windfall tax on petroleum crude

15 April 2024, 20:09 IST

Petrol, diesel prices fallen in India when global energy market in turmoil: Puri

India has diversified the sources of crude oil, hiked the use of alternate energy, increased exploration and production besides making a transition to electric vehicles, he said.

13 March 2024, 18:40 IST

Petrol, diesel prices fallen in India when global energy market in turmoil: Puri

13 March 2024, 18:40 IST

India raises windfall tax on petroleum crude to 3,200 rupees/tonne

India raised its windfall tax on petroleum crude to 3,200 rupees/ton from 1,700 rupees from Saturday while keeping the windfall tax on diesel and aviation turbine fuel at zero, the government said late on Friday.

03 February 2024, 07:36 IST

India raises windfall tax on petroleum crude to 3,200 rupees/tonne

03 February 2024, 07:36 IST

Centre defers Rs 5,000 crore plan to fill parts of strategic petroleum reserve

In the federal budget for 2023-24, the government had outlined a plan to purchase crude oil worth Rs 5000 crore for caverns in the southern cities of Mangalore and Visakhapatnam.

20 January 2024, 13:56 IST

Centre defers Rs 5,000 crore plan to fill parts of strategic petroleum reserve

20 January 2024, 13:56 IST

Govt of India slashes windfall tax on crude petroleum

The tax is levied in the form of Special Additional Excise Duty (SAED).

16 January 2024, 05:13 IST

Govt of India slashes windfall tax on crude petroleum

16 January 2024, 05:13 IST

India cuts windfall tax on petroleum crude

The cut will be effective from January 16, the order said.

15 January 2024, 19:30 IST

India cuts windfall tax on petroleum crude

15 January 2024, 19:30 IST

OPEC+ meeting delayed over dispute over some members' output

Three OPEC+ sources said this was linked to African countries. OPEC+ said after its last meeting in June that the 2024 output quotas of Angola, Nigeria and Congo were conditional on reviews by outside analysts.

22 November 2023, 16:38 IST

OPEC+ meeting delayed over dispute over some members' output

22 November 2023, 16:38 IST

Govt raises windfall tax on domestic crude, cuts levy on export of diesel, ATF

In the last fortnightly review on September 15, windfall tax on domestically produced crude oil was set at Rs 10,000 per tonne.

29 September 2023, 19:02 IST

Govt raises windfall tax on domestic crude, cuts levy on export of diesel, ATF

29 September 2023, 19:02 IST

Govt cuts windfall tax on domestic crude, hikes levy on export of diesel, ATF

In the last fortnightly review on August 14, windfall tax on domestically produced crude oil was set at Rs 7,100 per tonne.

01 September 2023, 18:12 IST

Govt cuts windfall tax on domestic crude, hikes levy on export of diesel, ATF

01 September 2023, 18:12 IST

Petrol, diesel prices go up in Punjab as VAT increased

The new retail prices have come into effect from midnight of June 10 and 11

11 June 2023, 10:58 IST

Petrol, diesel prices go up in Punjab as VAT increased

11 June 2023, 10:58 IST