BREAKING NEWS
Karnataka CM rejects BJP’s demand for CBI probe into MUDA ‘scam’
Regular flight cancelled for Team India? Aviation watchdog seeks report from Air India
CISF constable Kulwinder Kaur who slapped Kangana Ranaut shifted to K’taka unit, inquiry on
Tight security for victory parade of T20 world champs in Mumbai
Attire colour of Ram temple priests changes from saffron to yellow, mobile banned
D K Shivakumar dismisses allegations of any scam in Congress govt in K’taka
Advani hospitalised again, condition stable
Maharashtra: Dead snake found in mid-day meal packet given at anganwadi centre, parents claim
ED to move SC against Jharkhand HC’s bail to ex-CM Hemant Soren
Champai Soren resigns as Jharkhand CM, Hemant stakes claim to form govt
Udupi: Rector of Milagres Cathedral, Fr Valerian Mendonca, passes away
Mangaluru: Landslide at construction site — One worker dead, another rescued
Fallen tree blocks Mysuru – Mani National Highway at Devarakolli
Election Commission sends notice to Engineer Rashid over poll expenditure discrepancy
Actor Vijay voices opposition to NEET, asks Centre to respect TN’s sentiments
Govt hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF
PTI, Sep 16, 2023, 10:17 AM IST
The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 10,000 per tonne with effect from September 16.
In the last fortnightly review on September 1, windfall tax on domestically produced crude oil was set at Rs 6,700/tonne.
Besides, the SAED or duty on export of diesel will be cut to Rs 5.50/litre, from Rs 6/litre currently.
The duty on jet fuel or ATF will be reduced to Rs 3.5/litre effective Saturday, from Rs 4/litre currently.
SAED on petrol will continue at nil.
India first imposed windfall profit taxes on July 1, 2022.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sensex, Nifty hit fresh lifetime highs on gains in ICICI Bank, Infosys shares
Warning letter: USFDA pulls up Sun Pharma for manufacturing issues at Dadra facility
SEBI reduces face value of debt securities to Rs 10,000 to boost retail participation
CII Karnataka aims to drive sustainable & inclusive growth through focused initiatives for 2024-25
Amazon India to host Prime Day sale on July 20-21
MUST WATCH
Latest Additions
CBI registers its first FIR under Bharatiya Nyaya Sanhita
Temple vandalism case: 43 detained in Jammu and Kashmir’s Reasi
Several children fall ill after inhaling smoke from hospital generator in Kerala’s Kasargod
Gangsters Act case: Allahabad HC reserves verdict on MP Afzal Ansari’s plea
Ulaibettu dacoity case: 10 people arrested
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.