India slashes windfall tax on petroleum crude

May 01, 2024

The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum...

Centre imposes export duty on petrol, diesel, aviation fuel

Jul 01, 2022

New Delhi [India], July 1 : The Centre has imposed a special additional excise duty to the tune of Rs 6 per litre on...

Levy of SAED from July 1 accompanied by a mechanism of fortnightly review: Oil Ministry

Sep 20, 2022

New Delhi [India], September 20 : Ministry of Petroleum and Natural Gas (MoP&NG) on Tuesday clarified that the levy of Special Additional Excise Duty...

"They are cheating the people...": Rajasthan CM Gehlot attacks Centre over its excise policy

Nov 20, 2023

"The government of India is playing a game. The basic excise duty that is distributed to the states has almost been finished and the...

Centre cuts windfall tax on crude oil to Rs 4,350/tn from Rs 5,050/tn

Feb 16, 2023

According to a notification from the central government, it was learnt that the additional excise duty on ATF was also cut to Rs 1.5...

Rajasthan hikes excise duty on liquor

Apr 30, 2020

Jaipur (Rajasthan) [India], April 30 : Excise duty has been hiked on Indian-made foreign liquor (IMFL) to 35 per cent, other liquor categories to...