Govt scraps windfall tax on ATF, crude, petrol and diesel products
The move marks the end of a levy introduced in July 2022, and is set to bring relief to oil conglomerates Reliance and ONGC, as their gross refining margins may get a lift.
The move marks the end of a levy introduced in July 2022, and is set to bring relief to oil conglomerates Reliance and ONGC, as their gross refining margins may get a lift.
Darjeeling MP Raju Bista on Saturday criticised the West Bengal government's decision to impose a 12.5 per cent value-added tax (VAT) on air turbine fuel (ATF) at Bagdogra airport, warning it poses a significant threat to the aviation industry's recovery.
Low-cost airline SpiceJet Ltd on Monday reported a consolidated net profit of Rs 127 crore for their January-March quarter of 2023-24 compared to a net loss of Rs 6.22 crore in the same quarter of the previous year.
Anti-Terrorism Forum opposes state honours for Gaddar's funeral
Government has hiked the Special Additional Excise Duty (SAED) or windfall tax on crude petroleum from Rs 1,600 per tonne to Rs 4,250 per tonne.
Fuel prices, on the other hand, continued for the 10th day in a row on the back of firming international oil rates.
A gunman on Friday took three people hostage at a veterans home in the US state of California. The Bureau…
