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Petroleum products to be brought under GST in stages, says Adhia

Petroleum products to be brought under GST in stages, says Adhia

NEW DELHI: Finance Secretary Hasmukh Adhia on Friday said the all powerful GST Council will consider bringing petroleum products under Goods and Services Tax (GST) and it could happen in phases. Speaking on the issue, Central Board of Indirect Taxes and Customs Chairman S Ramesh said although there is demand for bringing petroleum products under

Petrol, diesel prices cut by 9 paise per litre on Saturday

Faux Pas: Petrol, diesel prices cut by one paisa, not 60 paise

NEW DELHI: Petrol and diesel prices were on Wednesday cut by one paisa per litre each, the first reduction after 16 days of relentless price hikes. But the marginal decline had its share of excitement with state-owned Indian Oil Corp (IOC) first announcing a reduction of 60 paise-the biggest since daily price revision was introduced

Petrol, diesel touch all-time high as oil companies hike rates

Petrol, diesel touch all-time high as oil companies hike rates

NEW DELHI: Petrol price today touched a record high of Rs 76.24 per litre and diesel climbed to its highest ever level of Rs 67.57 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers. Petrol price today increased by 33 paisa a litre in Delhi — the

Punjab government signs agreement

Punjab government signs agreement with Indian Oil

Punjab government signs agreement with Indian Oil in order to commence the process of making fuel with stubble. According to information, MOU is signed in presence of Punjab CM and Finance Minister Manpreet Badal. The total worth of this project is Rs 500 crore. Moreover, under this project around four thousand youth of Punjab will

Indian Oil conducts off site mock Drill

Bathinda , Sep 6:-Indian Oil mock Drill. Indian Oil Corporation (Oil Depot) conducted off site mock drill at its premises in Phoos Mandi area on Mansa Road today. Giving information in this context here today, the Deputy Director Factories Mr Sahil Garg stated that the task was done on the orders of chairman of District

Jaitley to head panel on HPCL stake sale to ONGC

Jaitley to head panel on HPCL stake sale to ONGC

For all the Latest news download Daily Post news app:- Click For Android Click For IOS New Delhi, July 24 (PTI) Finance Minister Arun Jaitley will head a 3-member ministerial panel to oversee and expedite the sale of government stake in oil refiner HPCL to explorer ONGC, Oil Minister Dharmendra Pradhan said today.Hindustan Petroleum Corp

Indian Oil consortium to set up India’s biggest oil refinery

New Delhi: State-run oil marketers Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp on Wednesday signed an agreement to build India’s biggest oil refinery at a cost of $30 billion. The project for the 60-million tonne per annum (MTPA) refinery in Maharashtra has Indian Oil as the consortium leader, officials here said. Indian

Air pollution: NGT notice to Indian Oil, Bharat Petroleum

New Delhi: The National Green Tribunal has issued notice to two public sector oil companies asking them whether they use any diesel vehicle which is more than 10-years-old, while allowing registration of new BS-IV compliant ones for transporting petrol or petroleum products. A bench headed by NGT Chairperson Justice Swatanter Kumar sought the response from


Petrol price slashed by 74 paise per litre; diesel by Rs.1.30

New Delhi: State-run Indian Oil Corp (IOC) on Friday announced a slash in transport fuel rates for Delhi — petrol by 74 paise per litre and diesel by Rs.1.30 per litre — with corresponding cuts in other states in line with the global trends. The cuts will be effective from midnight on Friday. The price of