Goods and Service Tax

Excise collection on petroleum 79% more than pre-Covid
Oil & Gas

Excise collection on petroleum 79% more than pre-Covid

The government’s collection from levy of excise duty on petroleum products has risen 33% in the first six months of…
Petroleum products not to be included under GST: FM
Oil & Gas

Petroleum products not to be included under GST: FM

Petroleum products will not be included under the Goods and Services Tax (GST), said Union Finance Minister Nirmala Sitharaman.
Government’s excise collection jumps 48% in Apr-July
Oil & Gas

Government’s excise collection jumps 48% in Apr-July

The government's collections from levy of excise duty on petroleum products have jumped 48% in the first four months of…
CTI urges government to bring petrol, diesel under GST
Oil & Gas

CTI urges government to bring petrol, diesel under GST

The Chamber of Trade and Industry (CTI) on Thursday asked the government to bring petrol and diesel under the ambit…
India EV sales to grow at 26% by FY23 according to Fitch
Sustainability

India EV sales to grow at 26% by FY23 according to Fitch

The recently announced electric vehicle (EV) incentives by India along with high fuel prices will be supporting factors for stronger…
Pradhan puts the blame on global crude oil price surge
Oil & Gas

Pradhan puts the blame on global crude oil price surge

Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday put the blame on recent surge in global crude oil…
Remove distortions before bringing petrol under GST: Moily
Oil & Gas

Remove distortions before bringing petrol under GST: Moily

Former Union Oil Minister and senior Congress leader M Veerappa Moily said distortions in the GST Act will have to…
Not possible to bring petrol under GST for next 8-10 years
Oil & Gas

Not possible to bring petrol under GST for next 8-10 years

BJP leader Sushil Kumar Modi said it is not possible to bring petrol and diesel under the GST regime for…
Centre committed to bringing natural gas under GST regime
Oil & Gas

Centre committed to bringing natural gas under GST regime

Asserting that the central government is committed to bringing natural gas under the Goods and Service Tax (GST) regime, Prime…
Modi blames previous govt for not cutting import dependence
Oil & Gas

Modi blames previous govt for not cutting import dependence

On a day when petrol crossed the Rs 100 mark, Prime Minister Narendra Modi said the middle-class would not have…
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