Sat, Dec 21, 2024
Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax.
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Mon, Dec 02, 2024
The petroleum ministry on Monday (December 2, 2024) removed the windfall tax on aviation turbine fuel (ATF), crude products, diesel, and petrol, Zee Business reported. The ministry has also removed road and infra cess on petrol and diesel exports.
Sun, Dec 01, 2024
India's petrol and diesel consumption soared in November as the festive season reversed a fall in demand witnessed in previous months, preliminary data of state-owned firms showed on Friday.
ATF price hike alert: State-owned oil marketing companies (OMCs) have announced a rise in Aviation Turbine Fuel (ATF) prices on December 1, 2024. This sharp rise in jet fuel costs is likely to impact airfares, making air travel more expensive.
Mon, Apr 01, 2024
Aviation turbine fuel (ATF) price was cut by Rs 502.91 per kilolitre or 0.49 per cent, to Rs 100,893.63 per kl in the national capital, according to a price notification of state-owned fuel retailers.
Mon, Feb 26, 2024
The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited comments from the public and various stakeholders including oil marketing companies (OMCs), airport operators, and airlines operators for development of aviation turbine fuel (ATF) pipelines connecting various greenfield and brownfield existing and upcoming airports in India.
Mon, Jan 01, 2024
The reduction in the price of jet fuel, which makes up for 40 per cent of an airline's operating cost, will ease the burden on already financially strained airlines.
Tue, Dec 19, 2023
India first imposed windfall profit taxes on July 1 last year, joining a growing number of nations that tax supernormal profits of energy companies.
Sun, Oct 01, 2023
Aviation turbine fuel (ATF) price hike: In Delhi, the prices have increased to Rs 1,18,199.17
Sat, Sep 02, 2023
The Centre had earlier raised the windfall tax on petroleum crude to Rs 7,100 per tonne from Rs 4,250 per tonne.
Fri, Sep 01, 2023
OMC increased the prices of aviation turbine fuel, increased by ₹ 13,911/ kiloliter. Know what will be the new rates in four metros in this video
State-run oil marketing companies raised the prices of aviation turbine fuel (ATF) with effect from September 1.
Tue, Aug 15, 2023
The tax rates are reviewed every fortnight based on average oil prices in the previous two weeks.
Tue, Aug 01, 2023
ATF price hike: The ATF rate in New Delhi surged by Rs 7,728 per kilolitre to Rs 98,508.26 per kilolitre.
Tue, Jun 06, 2023
In January 2023, the price of ATF came up to 1.07 Lakh/1000 Lt, even after that the passengers did not get the benefit of ATF. When will air travel be cheaper? Why are the air ticket prices not decreasing? Watch this special report of Aapki Khabar Aapka Fayda
Mon, Jun 05, 2023
ATF has decreased by 20.5% within three months, even after the reduction in ATF, air tickets have become costlier. The new rates of ATF have been released from today.
Thu, Jun 01, 2023
Fuel retailers are supposed to revise petrol and diesel prices daily based on a 15-day rolling average of benchmark international fuel prices but they last did that on April 6, 2022.
Mon, May 01, 2023
ATF price was reduced by Rs 4,606 per kilolitre, or 4.09 per cent, to Rs 107,750.27 per kilolitre (kl) in the national capital, according to a price notification of state-owned fuel retailers.
Tue, Mar 07, 2023
Rating agency Icra on Monday revised the outlook for the country's aviation sector to stable from negative, citing fast-paced recovery in the domestic air passenger traffic.
Sat, Mar 04, 2023
Windfall Tax: The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has hiked to Rs 4,400 per tonne from Rs 4,350 per tonne, the order dated March 3 said.
Thu, Feb 16, 2023
Windfall profit tax on domestically produced oil has been cut to Rs 4,350 per tonne from Rs 5,050. The decision is in line with international oil prices
Sat, Feb 04, 2023
Windfall gain tax on crude oil has been increased from Rs 1900/tonne to Rs 5050/tonne. On ATF, it has almost doubled from Rs 3.5/Litre to Rs 6/Litre, the government said in a notification.
Thu, Jan 05, 2023
ATF prices reached at 9 month-low. ATF prices fell by 27% in the last 5 months. ATF contributed 40% of the total cost. In January 2023, the price of ATF came up to 1.07 Lakh/1000 Lt. Although the passengers did not get the benefit from the cheap ATF. When will air travel become cheaper? Why is the price of air tickets not falling? Watch this special report of Aapki Khabar Aapka Fayda.
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