While the windfall profit tax is calculated by taking away any price that producers are getting above a threshold, the levy on fuel exports is based on cracks or margins that refiners earn on overseas shipments.
Air Travel To Become Expensive: Jet fuel price has been hiked by 16 per cent in step with firming international oil rates.
Prices of aviation turbine fuel (ATF) in metros applicable from today - in Delhi price rises to Rs 39,069.87, in Kolkata, ATF will cost Rs 44,024.10/kilo litre, in Mumbai at Rs 38,565.06/kilo litre and in Chennai 40,239.63/kilo litre. It was on June 1 when the prices of ATF were revised earlier.
Aviation Turbine Fuel (ATF) price in Delhi was cut by Rs 3,806.44 per kilolitre to Rs 61,200.36 per kl. This is the second straight monthly price reduction.
New Delhi: Aviation Turbine Fuel (ATF) or jet fuel price was today slashed by 10 per cent but rates of non-subsidised cooking gas LPG were hiked by Rs 49.5 per cylinder on global trends.Rates of
New Delhi: Jet fuel or ATF price was cut today by a marginal 1.2 per cent, the third reduction in as many months, while rate of non-subsidised cooking gas (LPG) was hiked by Rs 61.50
New Delhi: ATF or jet fuel price was today slashed by a steep 11.7 per cent while rates of non-subsidised cooking gas LPG were reduced by Rs 25.5 per cylinder in line with dip in
New Delhi: Jet fuel (ATF) price was today cut by a steep 11.3 per cent and now costs less than diesel.Last month, its rate had fallen below the price at which petrol is sold.While petrol
New Delhi: Perhaps for the first time, petrol in India costs more than jet fuel (ATF) used in aeroplanes, as the government has levied a record excise duty on the fuel used in two-wheelers and
New Delhi: Jet fuel (ATF) prices have been hiked by a steep 6.9 per cent, taking the rates to lifetime high of Rs 75,031 per kilolitre.ATF had last scaled the high of Rs 71,028.26 per
New Delhi, Jul 31: Jet fuel (ATF) prices were today hiked by a steep 6.3 per cent, the third consecutive increase since June, as a falling rupee made imports costlier.Aviation Turbine Fuel, or ATF, price
New Delhi, Jun 30: Jet fuel (ATF) prices were today hiked by a steep 5.8 per cent, the second consecutive increase since June, as rupee depreciation made imports costlier. Aviation Turbine Fuel, or ATF, price at
New Delhi, June 30: After effecting a string of reforms to help the ailing Indian civil aviation sector, Civil Aviation Minister Ajit Singh has said he is hopeful that high jet fuel cost and passenger
New Delhi, Jun 15: In a major relief to cash-strapped airlines, jet fuel (ATF) prices were today reduced by a massive 5 per cent, the steepest reduction in rates since February 2010.The price of aviation
Lucknow, May 19: As the strike by Air India pilots entered the 12th day, Government today promised to sort out problems of pilots within three months and appealed to them to join work.Civil Aviation Minister
New Delhi, Feb 2: State-owned oil companies have resumed jet fuel supplies to Air India after the national carrier promised to pay Rs 268 crore in dues tomorrow.Oil company officials said the supplies are being
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