Petrol News

Govt releases list of goods whose GST rates have been changed

Govt releases list of goods whose GST rates have been changed

45th GST Council Meet: Finance Minister Nirmala Sitharaman today announced the decisions taken by the Council after hours-long in-person meeting. While the Council extended the concessional tax rates on Corona-related medicines till 31st December, it felt it was not the time to include petrol and diesel under the GST, as

Centre to bring petrol, diesel under GST: Report

Centre to bring petrol, diesel under GST: Report

New Delhi: Opening the door for a potential major change in consumer prices and government revenue, an Indian ministerial panel on the country’s goods and services tax is likely to consider taxing petroleum products under a single national rate, people familiar with the matter said. The panel, headed by Finance

No cut in excise duty on petrol, diesel for now: FM Sitharaman

No cut in excise duty on petrol, diesel for now: FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said that there will be no cut in excise duty on fuel as of now. She said the previous UPA government had reduced fuel prices by issuing Oil Bonds of ₹1.44 lakh crore. “I can’t go by the trickery that was played by previous