Excise Duty
Business  /  Published 23.05.22

Duty sop may push up yields

Bond yields may resume their upward journey after the Centre on Saturday slashed excise duties on petrol and diesel. The government reduced the excise duties on petrol by Rs 8 per litre and diesel Rs...
By Our Special Correspondent in Mumbai

Business  /  Published 22.05.22

3 states reduce VAT on fuel

Maharashtra, Rajasthan and Kerala have decreased VAT on petrol and diesel after Finance Minister Nirmala Sitharaman's call to provide further relief to consumers following a cut in excise duty by ...
By Our Bureau, PTI in Mumbai, Chennai, New Delhi

Business  /  Published 22.05.22

Petrol price slashed by Rs 8.69

Petrol price on Sunday was slashed by Rs 8.69 a litre and diesel by Rs 7.05 per litre following the government cutting excise duty on auto fuels to give relief to consumers battered by high fuel price...
By Our Bureau, PTI in New Delhi

Business  /  Published 22.05.22

Centre reduces fuel price

The excise duty cuts are also designed to fend off criticism that the government has raked in money by raising the excise duty rates on petrol and diesel when global crude oil prices were falling at t...
By Our Special Correspondent in New Delhi

India  /  Published 03.04.22

Odisha excise cut on liquor

Imported liquor (foreign made foreign liquor-FMFL) and wine (both Indian made and foreign made) will become cheaper as the Odisha government has slashed excise duty on them. It will be available in t...
By Subhashish Mohanty in Bhubaneswar


Business  /  Published 30.11.21

Crude price concern

The Modi government on Monday blamed external factors — increased international prices of crude and edible oils — for the surge in retail and wholesale inflation. “The uptrend in in...
By Our Special Correspondent in New Delhi

News  /  Published 19.11.21

Pay ‘old booze rates’ at Kolkata restaurants till around Christmas

The benefits of the hefty drop in liquor prices will not be passed on to diners immediately, said restaurateurs in Kolkata. Any reduction in prices of alcohol served at bars will happen after the &ld...
By Debraj Mitra in Kolkata

News  /  Published 18.11.21

Say cheers to hefty drop in liquor prices in Bengal till March 2022

While assessing the impact of the price hike on the market, senior officials of the excise department said they had observed that the quantity of smuggled liquor or presence of brands which were not t...
By Pinak Ghosh, Kinsuk Basu in Kolkata

India  /  Published 05.11.21

BJP-ruled states start petrol dash

The BJP’s information technology chief, Amit Malviya, tweeted: “After the Centre slashed excise on petrol and diesel, BJP- and NDA-ruled state governments have also reduced VAT across fuel...
By J.P. Yadav in New Delhi

Business  /  Published 05.11.21

Fuel duty cuts to raise fiscal deficit

The excise duty cuts on diesel and petrol announced by the Narendra Modi-government will cost Rs 45,000 crore in lost revenue and widen the Centre’s fiscal deficit 0.3 percentage point to 6.4 pe...
By Our Special Correspondent in Mumbai


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