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India scraps windfall tax on petrol-diesel exports, ATF 2 years after it was imposed
3 weeks, 1 day ago

India scraps windfall tax on petrol-diesel exports, ATF 2 years after it was imposed

Firstpost  

The Indian government has announced abolishing the windfall tax on aviation turbine fuel, crude oil, petrol, and diesel, effective immediately. The decision marks the end of a levy introduced on July 1, 2022 The Indian government Monday announced the scrapping of the windfall tax on crude products, aviation turbine fuel, petrol and diesel exports. After it was introduced in July …

India Tax Oil Revenue Crude Levy Windfall Tax
India scraps windfall tax on petrol-diesel exports, ATF 2 years after it was imposed
3 weeks, 1 day ago

India scraps windfall tax on petrol-diesel exports, ATF 2 years after it was imposed

Firstpost  

The Indian government has announced abolishing the windfall tax on aviation turbine fuel, crude oil, petrol, and diesel, effective immediately. The Indian government Monday announced the scrapping of the windfall tax on crude products, aviation turbine fuel, petrol and diesel exports. After it was introduced in July 2022, the windfall tax was revised every 15 days based on international crude …

India Tax Oil Revenue Crude Levy Windfall Tax
Windfall tax on crude oil hiked to ₹10,000 per tonne, ATF export reduced
1 year, 3 months ago

Windfall tax on crude oil hiked to ₹10,000 per tonne, ATF export reduced

Live Mint  

The government has hiked windfall tax on the sale of locally-produced crude oil from ₹6,700 to ₹10,000 per tonne, with effect from September 16. Centre first imposed the windfall taxes on the sale of locally produced crude oil with effect from July 1, 2022 as oil exploration and producing companies made heavy profits amid multi-year high crude oil prices post …

Oil Crude Windfall Tax Crude Oil
Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel
2 years, 5 months ago

Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel

Firstpost  

New Delhi: The government on Friday slapped an export tax on petrol, diesel and jet fuel shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude oil produced locally by companies such as ONGC and Vedanta Ltd. The government imposed a Rs 6 per litre tax on export of petrol and ATF and Rs 13 …

Tax Oil Crude Oil Petrol Atf Litre Export
Minimum 10-15% increase in airfares must: SpiceJet CMD
2 years, 6 months ago

Minimum 10-15% increase in airfares must: SpiceJet CMD

Deccan Chronicle  

New Delhi: The sharp increase in aviation turbine fuel prices and the depreciation of the rupee have left the domestic airlines with no choice but to immediately raise airfares, said Ajay Singh, Chairman and Managing Director, SpiceJet, on Thursday. A minimum 10-15 per cent increase in air fares is required to ensure that cost of operations are better sustained, Singh …

Singh Spicejet