Windfall tax raised on crude, fuels; check duty hikes on diesel, petrol, ATF exports, local crude oil The windfall tax on crude oil has been raised to Rs 2,100 per tonne from Rs 1,700, a notification issued… Updated: January 3, 2023 07:54 IST
Windfall tax cut on oil, fuels; check duty cuts on diesel, petrol, ATF exports, local crude Windfall tax is levied as a special additional excise duty which is aimed at absorbing the super-profits earned by domestic… Updated: December 16, 2022 08:35 IST
Windfall tax raised on crude oil, levy on diesel cut; duty on ATF export unchanged in fortnightly review In the ninth fortnightly revision of windfall tax, the tax rate on export of diesel has been cut to Rs… Updated: November 17, 2022 09:44 IST
Windfall tax cut on crude oil; levy on diesel, ATF export hiked in eighth fortnightly review The government on Tuesday cut windfall tax on the export of locally produced crude oil to Rs 9,500 per tonne… November 2, 2022 08:29 IST
Jyotiraditya Scindia urges states to reduce tax on jet fuel Air traffic growth will be driven by smaller cities, he said and emphasised the need for developing airport infrastructure in… Updated: October 18, 2022 15:08 IST
High ATF prices to slow down recovery in aviation industry, domestic airlines to remain under pressure Domestic airlines have been increasing yields, but the same has not been adequate to offset the impact of the rising… September 18, 2022 11:19 IST
Tax hike on diesel, jet fuel exports, domestic crude oil production; govt raises levy on windfall gains The central government on Wednesday hiked the windfall profit tax on exports of diesel and Aviation Turbine Fuel (ATF). September 1, 2022 09:57 IST
ATF and commercial LPG prices cut Following the latest reduction, ATF now costs Rs 1,21,915.75 per kilo litre (KL) in Delhi, the latest price notification by… August 2, 2022 00:40 IST
ATF prices cut: Aviation turbine fuel price slashed by 2.2% ATF now costs Rs 1,38,147.93 per kilolitre in Delhi, the latest price notification by state-run fuel retailers showed. The price… July 17, 2022 06:15 IST
ATF purchases by Indian carriers for overseas flights exempt from 11% excise duty: Finance Ministry “When such goods are cleared for exports or supplied as fuel to foreign going aircraft,” the duty will not apply… July 9, 2022 00:30 IST
$12 billion windfall for govt from windfall tax on oil firms On July 1, the government imposed windfall gain taxes on the export of petrol, diesel and aviation turbine fuel (ATF),… July 5, 2022 13:56 IST
ATF Price: Airfares set to take off on aviation turbine fuel price hikes The continuous rise in jet fuel prices will impact the profitability of Indian carriers, and with the rise in air… June 17, 2022 01:30 IST
ATF prices hiked by 16%; touch new record The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — has been increased by Rs… Updated: June 16, 2022 19:00 IST
Minimum 10-15% increase in airfares must due to ATF price increase, rupee slide: SpiceJet CMD A minimum 10-15 per cent increase in air fares is required to ensure that cost of operations are better sustained,… June 16, 2022 12:17 IST
ATF price cut by 1.3 per cent, commercial LPG rate reduced by Rs 135 The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — has been reduced by Rs… June 1, 2022 15:16 IST
ATF price hiked by 5.3 per cent, 10th increase this year The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — was hiked by Rs 6,188.25… Updated: May 16, 2022 12:59 IST
Domestic air passenger traffic logs estimated 83% growth in April: ICRA Elevated ATF prices aggravated by geo-political issues will remain a near term-challenge for the industry. May 9, 2022 16:49 IST
ATF price hiked by 2% to all-time high Aviation turbine fuel (ATF) – the fuel that helps aeroplanes fly – was hiked by Rs 2,258.54 per kilolitre, or… April 1, 2022 12:19 IST
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