Govt removes windfall tax on petroleum crude
Sep 18, 2024, at 05:29 am
New Delhi: The Union government has reduced the windfall tax on petroleum crude to zero from Rs 1,850 per metric ton, effective September 18, according to a government notification issued on September 17.
Govt slashes windfall tax on petroleum crude to Rs 5,200 pmt
Jun 01, 2024, at 09:20 pm
New Delhi/IBNS: The government has reduced the windfall tax on petroleum crude to Rs 5,200 ($62.33) per metric ton, down from Rs 5,700 per metric ton, according to a notification issued on Friday (May 31).
India plans to set up first privately run strategic petroleum reserve by 2029-30: Report
Apr 04, 2024, at 05:31 am
New Delhi: India intends to set up its first privately operated strategic petroleum reserve (SPR) by 2029-30, allowing the operator the autonomy to trade the entire oil stock, media reports said.
Jaitley asks states to reduce VAT on Petroleum Products used for manufacturing
Aug 18, 2017, at 07:13 pm
New Delhi, Aug 18 (IBNS) : Union Fiance Minister Arun Jaitley has written to State Chief Ministers urging the States to reduce burden of Value Added Tax (VAT) on Petroleum Products used as inputs in making of goods after the introduction of Goods and Services Tax (GST).
Jan 09, 2016, at 08:19 pm
New Delhi, Jan 9 (IBNS) The Ministry of Petroleum & Natural Gas (MoPNG) has launched an Online Initiative to engage the LPG Consumers and Citizens of India in providing efficient and citizen friendly services in LPG distribution.