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Excise duty collection surges 48% in FY21 on high fuel levies

Excise duty collection surges 48% in FY21 on high fuel levies

🕔21:41, 17.Jan 2021

New Delhi, Jan 17  As the government has kept excise duty on petrol and diesel elevated amid the pandemic with a view to increase revenue, the total excise duty collection during April-November FY21 has surged nearly 48 per cent as

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Lower cut in oil prices ahead as oil cos factor in higher excise duty

Lower cut in oil prices ahead as oil cos factor in higher excise duty

🕔09:45, 15.Mar 2020

New Delhi, March 14 The Rs 3 per litre increase in excise duty in petrol and diesel has brought both good and bad news for consumers. The good news is that there would not be any increase in retail selling

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FICCI for urgent excise duty cuts on fuel

FICCI for urgent excise duty cuts on fuel

🕔14:00, 21.May 2018

New Delhi, May 21  With transport fuel prices in Delhi crossing previous highs, industry chamber Ficci on Monday called for the government to urgently reduce fuel excise duties. The price of petrol per litre in Delhi on Monday under the

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Excise duty withdrawal detrimental to demand: Assocham

Excise duty withdrawal detrimental to demand: Assocham

🕔11:44, 1.Jan 2015

New Delhi, Jan 01  A day after the central government did not extend the excise duty concessions provided to the automobile and consumer durables sector in 2015, India Inc. Wednesday said the move will hit demand. According to Associated Chambers

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