Fri, Nov 23, 2018
Total GST collections come at Rs 6.78 lakh crore as compared with the 2018-19 Budget Estimate of Rs 7.44 lakh crore, including SGST and IGST. "If we exclude SGST and proceeds of IGST contributed to states, the GST collection of the Centre comes to Rs 3.46 lakh crore (47 per cent of BE)," the report said.
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Thu, Oct 04, 2018
Today Finance Minister Arun Jaitley announced a cut in excise duty by Rs 1.50 while OMCs were expected to absorb another Re 1. Therefore, a total of Rs 2.50 will be cut in both petrol and diesel prices.
Modi government announced a cut in excise duty by Rs 1.50 and OMCs will absorb another Re 1, therefore, a total of Rs 2.50 will be cut in both petrol and duty prices
Mon, Sep 10, 2018
Finance Minister Arun Jaitley gave a non-committal speech on trimming excise duty as a move to cushion fuel prices.
Wed, Sep 05, 2018
Indian petrol and diesel price are at an all time-high. These are the levels never witnessed before even when international crude oil was trading at $100 per barrel during the year 2014.
Sat, Jun 30, 2018
The state-owned Indian Oil Corporation has revamped its website especially the section where it provides daily changes in petrol and diesel prices.
Mon, Jun 04, 2018
From May 14 prices started to increase and reached new heights till date, and now both petrol and diesel prices have soared from Rs 3 per litre to Rs 4 per litre.
Sun, Jun 03, 2018
India after 16 days of aggressive hikes witnessed its first relief in petrol and diesel prices from May 29. However there is nothing to be excited about the cut made in these two fuel product because rates are still at record high levels.
Sat, Jun 02, 2018
Companies like Reliance Industries, Cairn India Ltd, Oil India, Oil and Natural Gas Corporation (ONGC) among others in this sector are responsible for producing oil in its crude form.
Wed, May 30, 2018
A big error by IOC website had revealed that petrol diesel prices have been cut by as much as 60 paise! Check out the actual rates in metro cities like New Delhi, Mumbai, Kolkata and Chennai.
Sun, May 27, 2018
Within two weeks time, the state-owned OMCs have raised both petrol and diesel price by over Rs 3 per litre each in various state capitals of India.
Sat, May 26, 2018
OMCs like HPCL, IOCL and BPCL take into consideration the international crude oil prices, government's excise duty and various state's Value Added Tax (VAT) to derive the final retail prices of fuel products including petrol and diesel.
Wed, May 23, 2018
The government has linked petrol, diesel prices the the ones prevailing in international markets with the hope that consumers would benefit. However, the move has boomeranged as fuel rates have soared to record highs.
OMCs like HPCL, IOCL and BPCL take into consideration the international crude oil prices, government’s excise duty and various state's Value Added Tax (VAT) to derive the final retail prices of fuel products including petrol and diesel.
Tue, Apr 17, 2018
Petrol and diesel prices: There has been a continuous hike in fuel rates across India since the start of 2018.
Wed, Apr 04, 2018
The OMCs, while deciding the prices of fuel, take into consideration the performance of international crude oil, adding government’s excise duty and various state’s value added tax (VAT).
Fri, Feb 23, 2018
State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8.
Tue, Feb 13, 2018
Petrol has tumbled in the range of 85 paisa to 91 paisa per litre, whereas diesel prices have come down between Rs 1.20 and Rs 1.28 per litre.
Mon, Feb 12, 2018
Price rise in fuel product has been since start of 2018, despite FM Arun Jaitley trimming down excise duty on various products, especially fuel products, during FY19 Budget.
Fri, Feb 09, 2018
Finance Minister Arun Jaitley during FY19 Budget trimmed down excise duty on various products, especially fuel products, pinning down hopes that petrol and diesel prices would go down.
Fri, Feb 02, 2018
With this reduction, the FM said the government will bear the revenue loss of Rs 13,000 crore in the remaining part of FY18.
Thu, Jan 25, 2018
Dr Reddy's Laboratories today posted a 38.51 per cent decline in consolidated net profit at Rs 302.7 crore for the third quarter ended December 31. The company had posted a net profit of Rs 492.3 crore during the same period of previous fiscal.
Sun, Dec 03, 2017
The Budget session of Parliament may begin on January 30 with President Ram Nath Kovind addressing the Joint Session of both the Houses of Parliament, a senior government official said.
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