Data: The Petroleum Sector Contributed to more than ₹ 7.5 Lakh Crores in Tax Revenue to Central & State Governments in 2023-24
The Petroleum Sector is critical not only to the country’s energy needs but also to…
Browsing: Petrol & Diesel
Data: Russian Crude Oil Accounted for More Than 19% of Total Crude Imports to India in 2022-23
As noted earlier, the increase in India’s exports was largely driven by the increase in…
Data: Price of Domestic LPG Cylinder Up By 90%, and Commercial By Over 100%, Compared To May 2020.
Data from the PPAC & OMCs indicate that the price of LPG cylinder (both domestic…
Review: Standing Committee makes important recommendations related to the safety of Oil Installations
The Standing Committee (SC) on Petroleum & Natural Gas recently submitted a report on ‘Safety…
What does the data say about Petrol & Diesel prices during Elections?
In India, the retail price of Petrol was de-regulated in 2010 while Diesel was de-regulated…
Data: Central Government revenue through excise duty on Diesel increased by more than 5 times since 2014-15
The global crude oil prices coupled with steep tax rates continue to drive the increase…
Data: Consumption of Petroleum Products down in April & May 2021 but better than in 2020
The strict nation-wide lockdown in April & May 2020 had a severe impact on the…
Data: Excise Duty on Petrol & Diesel come to the rescue to Union Tax revenues in 2020-21
Lower tax revenues from both direct & indirect taxes were anticipated in 2020-21 because of…
Data: Overall Consumption of Petroleum products down by 9% in 2021-22, first such decrease in over 24 years
Data from the PPAC indicates that the consumption of petroleum products, which is an indicator…
Review: Standing Committee calls for measures to mitigate price rise & revise taxes on Petrol & Diesel
The Standing Committee on Food, Consumer Affairs and Public Distribution (2020-21) studied ‘Price Rise of…
