New Delhi: The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel. The government also slapped a Rs 23,230 per tonne additional tax on domestically produced crude oil to take away windfall gains accruing to producers from high international oil prices, a separate government notification showed, news agency PTI reported.
The tax on exports follows oil refiners, particularly the private sector, reaping huge gains from exporting fuel to markets such as Europe and the US.
The tax on domestically produced crude oil follows local producers reaping windfall gains from the surge in international oil prices.
Bhubaneswar: Execution of sale deeds for apartments is set to resume in Odisha from April… Read More
Bhubaneswar: The Odisha Vigilance sleuths on Monday apprehended Rajnarayan Sahoo and Jiten Patnaik, junior accountants… Read More
Bhubaneswar: Even as 'unimpressive, overweight' remarks on Rohit Sharma by Congress leader Shama Mohammad kicked… Read More
New Delhi: The Supreme Court bench of Justice B V Nagarathna and Justice Satish Chandra… Read More
Geneva/New Delhi: India has lashed out at United Nations Human Rights chief Volker Turk for… Read More
Chandigarh: The Government of Punjab, on Tuesday, organised trials for anti-drone technology that it plans… Read More
This website uses cookies.
