export duty

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    Diesel and ATF Taxes Increased Amid Global Energy Market Shifts

    New Delhi, April 11 The government on Saturday increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 per litre.The duty hike will be effective immediately, the finance ministry said in a notification.The government had, on March 26...
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    West Asia Crisis: India Launches Credit Guarantee Initiative

    New Delhi, April 7 The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs affected by the West Asia crisis, sources said.Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders...
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    West Asia Crisis: India Considers Further Economic Relief

    Government May Announce More Relief Measures for MSMEs Amid West Asia Crisis Fresh Support Likely as Inflation Risks Rise New Delhi, March 29: The government is considering additional relief measures for vulnerable sections of the economy, including the MSME sector, as the ongoing West Asia...
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    West Asia Conflict Impacts Indian Airlines: Ministry Explores Options

    Government Explores Tax Relief Measures as West Asia Conflict Drives Up Airline Costs New Delhi, March 29: The Ministry of Civil Aviation is evaluating multiple measures to cushion Indian airlines from the financial strain caused by the ongoing West Asia conflict, with a key focus on reducing...
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    Reliance Industries Shares Plunge 4.6% Amid Market Volatility, Rs 87,014 Crore Wiped Off

    Reliance Industries Shares Plunge 4.6% Amid Market Volatility, Rs 87,014 Crore Wiped Off New Delhi, March 27 – Shares of Reliance Industries Limited (RIL) witnessed heavy selling on Friday, falling 4.6 per cent, which led to a reduction of Rs 87,014 crore in the company’s market capitalization...
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    Excise Duty Reduced, Exports Taxed: India's Strategy for Fuel Costs

    New Delhi, March 27 – The government has cut excise duty on petrol and diesel by ₹10 per litre, shielding consumers from a price hike amid soaring global oil rates.Excise on petrol has been reduced from ₹13 to ₹3 per litre, and on diesel from ₹10 to nil, leading to an estimated annual revenue...
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    Government Halves RoDTEP Export Duty Benefits; Exporters Seek Reconsideration

    DGFT Caps RoDTEP Rates at 50% With Immediate Effect New Delhi, February 23: The government has reduced the rate of duty benefits under the Remission of Duties and Taxes on Exported Products scheme, commonly known as RoDTEP, by half with immediate effect. The move has triggered concern across the...
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