Energy updates from across Asia
The latest excise duty news, analysis and data from India and across Asia, reported by Energy Asia.
In a bid to strengthen air connectivity in the state and boost tourism, the Jharkhand government on Wednesday announced it had slashed VAT (value added tax) on Aviation Turbine Fuel to 4% from 20%.
The government'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…
After two days of lull, petrol and diesel price on Thursday was again hiked by 35 paise per litre, sending retail pump prices to their highest…
Diesel price on Monday breached the ₹100-a-litre mark in Kerala and Karnataka as fuel prices were hiked again to align domestic rates with firming international oil…
Mumbai on Saturday became the first metro city in the country to see diesel prices cross the ₹100 per litre mark after fuel prices were hiked…
Petrol and diesel prices soared to new record highs across the country on Saturday after rates were hiked again by 25 paise and 30 paise a…
Rajasthan Chief Minister Ashok Gehlot demanded the Centre reduce various types of taxes on fuel to give relief to common people from rising prices.
The government's collections from levy of excise duty on petroleum products have jumped 48% in the first four months of the current fiscal year, with the…
Petroleum Minister Hardeep Singh Puri said over ₹1.5 lakh crore of oil bonds issued by the previous UPA government remains to be paid, limiting fiscal space…
The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for running various developmental schemes
The union government's tax collections on petrol and diesel jumped by 88% to Rs 3.35 lakh crore in the year to March 31, after excise duty…
Congress leader Mallikarjun Kharge alleged the Centre had collected Rs 25 lakh crore through fuel tax but it is neither using this fund for the welfare…
Petrol price on Saturday crossed the Rs 100-per-litre mark in some places in Uttar Pradesh, Chhattisgarh and Nagaland after fuel prices were hiked yet again.
The Chamber of Trade and Industry (CTI) on Thursday asked the government to bring petrol and diesel under the ambit of GST to bring down the…
Petrol and diesel prices on Tuesday touched a record high in Mumbai as it is retailing at Rs 104.90 per litre in the city and diesel…
Fuel prices increased again across the country, adding more misery for the common man already grappling with rising food prices amid shrinking income.
Communist Party of India (Marxist) General Secretary Sitaram Yechury hit out at Petroleum Minister Dharmendra Pradhan for his comment on the hike in the fuel prices…
Jet fuel price on Friday was cut by 1 per cent, the second reduction in rates this month following softening international crude oil prices.
Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the increase in taxes on petrol and…
Government is all set to walk away with the highest level of excise duty collection from the petroleum sector this year, even as fuel consumers continue…
Petroleum Minister Dharmendra Pradhan ruled out any cut in excise duty, for now, to give relief to consumers from the spiralling retail prices of petrol and…
Rise in the prices of petrol and diesel will have a direct impact on the farmers, prices of agricultural products will shoot up, as transportation cost…
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