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Fri. Sep 25th, 2026
Trending News: 2006 Batch Female IPS Vijaya Laxmi to Lead CRPF in Terror-Hit Area Jammu Sector‘Youth Want Solutions, Not Rhetoric’: RJD Leaders March to Raj Bhavan Over Paper Leaks, UnemploymentFormer Delhi Minister Satyendar Jain Taken to Rouse Avenue Court Following ArrestTamil Nadu Government Announces 365-Day Maternity Leave for Women Employees for Third ChildNCLT Set to Rule on SpiceJet’s Rs 500-Crore Insolvency Battle Today After Lessor Fury‘Total Arbitrary Decree’: JSSC-CGL Qualified Candidates Vow to Approach Court After Exam Cancellation Order3 Bambiha Gang Operatives Linked to Pakistan’s ISI Deported from Malaysia, Arrested at Delhi AirportAllahabad High Court Takes Suo Motu Cognizance of Waterlogging Issues in PrayagrajDelhi Police Arrest 2 Women for Alleged Theft, Cheating Senior Citizen of Rs 1.30 Lakh Through Dating AppFBI Wanted List Now Features Punjab Gangster Major Singh Accused Of Running US Drug And Arms Plot Linked To Jaggu Bhagwanpuria GangTamil Nadu Govt Announces Major Measures on Milk Procurement, Healthcare, Medical EducationED Conducts Multi-City Raids on Premises Linked to Samajwadi Party Leader Azam Khan and Jauhar UniversityProtesters Weigh Next Move After Jharkhand Govt Cancels 44 Exams, Seek Clarity on Judicial Probe‘Flag Hoisting, National Anthem Not Conducted in Punjab’s Border Schools’: NHRCMirza Ghalib Street Fire: 9 Bangladeshi Nationals Killed In Devastating Blaze Day After Tarapith Hotel Inferno Claimed 8 LivesGwalior-Chambal Region Gets New Rail Connectivity with Kailaras-Birpur SectionPune Police Revises Two Cases After Invoking Maharashtra Freedom of Religion Act Before Aug 26 EnforcementMaoist Leader Azad Acquitted in All 49 Cases After Spending Over 15 Years as UndertrialGoa Govt Appeals In Supreme Court To Enhance Tarun Tejpal’s Jail Term In 2013 Rape CaseUnion Minister Piyush Goyal Pitches UP As Gateway For Japan’s $10 Trillion Yen Investment Drive In IndiaAs Birth Rate Falls Below 1.4, Tamil Nadu Extends 1-Year Maternity Leave To Third Child In Welfare PushNational Sports Awards 2025: CWG 2026 Medalist Tejaswin Shankar, Divya Desmukh Named Among 17 For Arjuna AwardsFormer AAP Minister Satyendar Jain, 5 Others Arrested By Delhi ACB In Alleged Sewage Treatment Plant Scam’I’m One Of You’: Real Madrid Officially Present Jose Mourinho In An Unusually Closed-Door CeremonyBWF World Championships 2026: Lakshya Sen Registers Comeback Win Over Collins Filimon, Treesa-Gayatri Shocks 16th Seed On Day 2‘We Will Use Our Legal Option’: Maharashtra FDA Chief Tukaram Mundhe On Bombay HC’s ₹5 Lakh Order To Pune Sweets ShopGoa Nightclub Fire: Bombay High Court Cancels Bail Of Luthra Brothers In Case That Killed 25EXCLUSIVE | Anil Antony Backs Modi’s 2047 Vision, Says Rahul Gandhi’s Congress Is ‘Cut Off’ From IndiaDiriyah vs Al Nassr Live Streaming: When And Where To Watch Saudi King’s Cup RO32 Match In India?Maharashtra Freedom of Religion Act Comes Into Force August 28: 7-Year Jail, Rs 5 Lakh Fine For Unlawful ConversionsFIFA Under Fire: Norway FA Chief Lise Klaveness Questions Gianni Infantino’s Motives Behind Top Executive’s FiringRed Fort Blast Accused Jasir Bilal Wani Remains In Custody As High Court Rejects Bail PleaBihar TRE-4 Row: Students Give Govt 24 Hours To Issue Exam Notification, Threaten Minister’s Residence GheraoIndia’s Food Safety Crackdown Intensifies: Restaurants, Quick-Commerce Warehouses, Food Makers Face Action Over Hygiene Violations, Adulteration, Misleading Labels and Expired StockPDP Questions NC, BJP Over Delay, Asks When ‘Appropriate Time’ Will Come as SEC Sets August 31 Poll Deadline‘1 Acre Land for Every Landless Family’: TRS Chief Kalvakuntla Kavitha Unveils Flagship ‘Bhu Lakshmi’ Land SchemeKangana Ranaut Visits Siddhivinayak, Mumba Devi Temple In Mumbai | PhotosAFC Champions League Two: East Bengal’s Asian Quest Begins Against Al Hussein, Al Shorta, and Al SeebSC Upholds Hanging As Mode of Death Penalty; Dismisses PIL for Alternative Way to Execute Death Row PrisonersUttarakhand Chamoli Tunnel Collapse: Death Toll Rises to 9, Rescue Operation Continues8 Killed, Over 25 Injured After Truck Collides with Pick-Up Vehicle in MP’s BhindBJP Appoints State-in-Charges for UP, Punjab, and Gujarat Ahead of Assembly Elections 2027ED Raids 21 Locations in Karnataka, Gujarat Over Veterinary Officers’ Recruitment Exam Scam‘Won’t Budge Until All Demands Met’: Jharkhand Student Leader Piyush Kumar on JSSC-CGL, TDPL Exam ProtestGirl Killed, Body Stuffed in Suitcase: 16-Year-Old’s Murder by Cousin Shocks BurariCRPF Bunker Vehicle Overturns After Collision With Truck in Qazigund; 5 Personnel InjuredISI-Backed Terror Group Shahzad Bhatti Network Destroyed Ahead of I-Day, Over 200 Operatives Held‘Not a Single Person Was Harmed’: Kiren Rijiju Defends Law Enforcement’s Handling of Gen Z ProtestUttarakhand: Heavy Rain Lashes Dehradun as 97 Roads Remain Blocked; Schools Shut TodayAll Prayagraj Schools Closed on Aug 18 Amid Torrential Rain, Severe WaterloggingFire Breaks Out in Basement of Patna Electronics Showroom on Bihar’s SB Verma RoadCannot Afford To Keep India At Arm’s Length: Why Bangladesh Needs India More Than Ever As Tarique Rahman Eyes August 21-26 Visit‘First Step Done, CBI Probe Pending’: Students React To JSSC-CGL Cancellation‘Everything Associated With TDPL Cancelled’: Soren Govt Scraps Exams, Results & Selections; JSSC-CGL Also CancelledStudents’ Demands Met, But Struggle For Education Reforms To Continue: Devendra Nath Mahato After Cancellation Of TDPL, JSSC-CGL ExamsBowing To 24-Day Protest, Hemant Soren Cancels JSSC-CGL And Scraps All TDPL Exams; Orders CID Probe Into All Jharkhand Exams Since 2014FIH Men’s Hockey World Cup 2026: India Surrender Half-time Lead, Lose 2-4 To EnglandS&P 500 Slips 0.1%, Dow Jones Falls 163 Points, Nasdaq Flat As Wall Street Awaits Retail DataBWF World Championships: Ayush Shetty Shocks World No. 1 Shi Yu Qi; Moves To Round Of 32Omar Abdullah Dismisses BJP Protest In Jammu, Says Centre’s Interference In State Subjects Led To Dharmendra Pradhan Resignation‘From Ordinary BJP Karyakarta to National General Secretary’: Smriti Irani Describes Comeback as ‘Deeply Humbling’SIA Kashmir Arrests Absconding Operative After 4 Years, Exposing Cross‑LoC Narcotics Trafficking And Terror Financing Network‘Dowry, Cruelty, Abetment to Suicide, Evidence Tampering’: CBI Files First Chargesheet in Twisha Sharma Death CaseBJP’s New National Team: Who Are the 10 Women and 6 Minority Leaders in Nitin Nabin’s Line-Up?Census 2027: Phase-II Population Enumeration Begins Today In Ladakh, Snow-Bound Areas Of J&K, Himachal & Uttarakhand‘Perfect Mixture of Experienced Leaders, Energetic New Faces’: Kiren Rijiju Lauds BJP’s New National Team‘Bring Experience, Energy & Grassroots’: PM Modi Congratulates BJP’s New National Office BearersIndia vs England Men’s Hockey World Cup Live Streaming: When And Where To Watch IND vs ENG Pool D Encounter?Who Is Deepak Mhaskey, Replacing Amit Malviya As BJP’s New IT Cell Head?What to Expect In The 2026-27 Premier League Season: A Complete BreakdownBJP Announces Team 2029, Smriti Irani Back, Ram Madhav As Delhi Incharge‘Hope Dialogue Will Yield Positive Outcome:: Devendra Nath Mahto Ahead of Fresh Talks Between Jharkhand Protesters, GovtTwisha Sharma Death Case: CBI Files 636-Page Chargesheet Against Judge Giribala, Son Samarth‘Personally Meet Students’: Rahul Gandhi Writes to Jharkhand CM Soren, Urges Him to Personally Meet Protesting StudentsDelhi Police Begins Probe Into Complaint Against Sonia, Rahul Over Vande Mataram RowRs 4 Lakh Ex-Gratia Announced for Ashok Dham Victims as 7 Die in Lakhisarai Stampede7 Killed, Several Injured, in Fire at Hotel Near Tarapith Temple in West Bengal’s BirbhumPM Modi Expresses Grief Over Lakhisarai Stampede, Prays for Speedy Recovery of Injured7 Killed, Several Injured in Stampede-Like Incident at Ashokdham Temple in Bihar’s Lakhisarai20,000 Railway Locations To Get New Water Filtration Systems After CAG Audit Flags Quality IssuesJPSC-JSSC Protest Enters Day 23: Students To Gherao CM Residence On August 20, Jharkhand Govt Invites Protesters For Talks On MondayJPSC-JSSC Aspirants Burn Effigies of Soren, Rahul Gandhi & Tejashwi Yadav Over Exam IrregularitiesCristiano Ronaldo Signals Retirement, Hints 2026 Could Be His Final YearEmerged Victorious Militarily, Politically in War: Iranian Parliament Speaker GhalibafHarsimrat Kaur Demands NIA Probe into Attack on Sukhbir Badal, Writes To Amit Shah‘No Evidence, Only Fake Propaganda’: JNU VC Rejects Recruitment Corruption Charges, Calls Herself Target of ‘Vicious Campaign’‘Brazen Repetition of Historical Mistake’: Bankim Chandra Chattopadhyay Descendant Writes To Sonia Gandhi Over Vande MataramDRI Uncovers Rs 2,500 Crore Customs Duty Fraud in Areca Nut Imports, 9 Arrested‘Didn’t Call Opposition Leaders Dimagi Naxals’: Union Minister Kiren Rijiju on PM Modi’s Red Fort Remark‘Dimagi Naxals’ More Dangerous Than Those in Forests: BJPBIG BREAKING: BJP To Announce Team 2029 Tomorrow; Major Organisational Reshuffle ExpectedColaba Tragedy: Indian Navy Sailor, Family of 3 Found Dead in Navy Nagar Residence‘They Came to Meet Me’: PM Modi Shares Heartwarming Pre-Independence Day Moment with ‘Friends’Air India Express Passenger’s Gun Goes Off During Varanasi Airport Security Check, Two Injured22-Year-Old Makeup Artist Spiked and Raped by Instagram Friend in Delhi’s Mukherjee Nagar Hotel; Accused AbscondingMaharashtra: Rat Spotted in Ice Cream Crate of Quick-Commerce Provider’s Outlet; Viral Video Sparks Outrage in Kalyan‘Is This Very Freedom for Which…’: Jharkhand Student Leader Devendra Mahto Alleges Police High-Handedness on Independence DayJPSC-JSSC Protest: Babulal Marandi Urges Jharkhand Govt to Hear Students’ Demands ‘Without Delay’Karnataka Food Safety Officials Raid Mangaluru KFC Outlet Following Customer Complaint of Spoiled ChickenEx-Bengal Deputy Speaker and TMC MLA Asish Banerjee Found Dead At TMC Office In Birbhum
Fri. Sep 25th, 2026

Govt Scraps Windfall Tax On Petrol, Diesel, Crude, and ATF Exports

Windfall tax: On Monday, the Finance Ministry announced that the windfall tax on aviation turbine fuel (ATF), crude products, diesel and petrol products has been scrapped, according to the papers set to be laid in Parliament on December 2.

The move will bring relief to the tightening margins of Indian oil majors including Reliance Industries, ONGC, Bharat Petroleum, GAIL, and others.

“Notification No. 29/2024-Central Exciseto be published in Gazette of India dated 2nd December, 2024, together with an explanatory memorandum seeking to rescind Notification No. 03/2022-Central Excise to 07/2022- Central Excise and No. 9/2022-Central Excise all dated 30th June 2022 removing Special Additional Excise Duty (SAED) on production of petroleum crude and on export of Aviation Turbine Fuel (ATF), motor spirit, commonly known as petrol and high speed diesel oil.” the notification stated.  

As of 01:17 PM, the National Stock Exchange’s Oil & Gas Index was trading flat.

 

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