ZisNews - Breaking News & Updates

THe authorities of republic of india has extended the telephone exchange excise tax tariff exemptions on fuel to petrol blended with 22 per cent, 25 per cent, 27 per cent and 30 per cent ethanol, according to an official notification.There will be a nil excise duty rate for fuel blends that conform to BIS standards (Bureau of Indian Standards), the notification dated June 10 said.The Union government previously, in March end, reduced excise duty on domestic petrol and diesel by ₹10 per litre each to protect consumers from rising international oil prices. The duty cuts will reduce oil companies’ losses on auto fuels without any reduction in pump prices of petrol and diesel.The government had also imposed duties on exports of diesel by ₹21.5 per litre and aviation turbine fuel (ATF) by ₹29.5 a litre to ensure vital fuel products are domestic available in view of the West Asia crisis that has witnessed disruptions in global energy supplies.“In view of the West Asia crisis, the central excise duty on petrol and diesel for domestic consumption has been reduced by ₹10 per litre each. This will provide protection to consumers from rise in prices. Hon. PM @narendramodi has always ensured that citizens are protected from vagaries of supply and costs of essential goods,” Sitharaman had said in a post on X on March 27.Petrol, diesel price hikeThe West Asia conflict, which was triggered by the February 28 US-Israeli strikes on Iran, has virtually shut off the Strait of Hormuz — key waterway through which a fifth of world's oil and gas travel — for vessel movement due to the missile exchange.Amid disrupted global energy supplies and soaring brent crude prices, fuel rates have been hiked four times by oil making companies in India, beginning May 15.In the previous hike on May 25, state-owned fuel retailers increased diesel prices by ₹2.71 per litre and petrol by ₹2.61. With the last increase, fuel prices at the pump went up by about ₹7.5 per litre since May 15.

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Petrol blended with 22%, 25% and 30% ethanol to now be excise duty-free

Global News Perspectives

Customizable News Feed

Like or Comment on News

Download the Android App

Diverse News Categories

Category News

Country News