https://www.taxtmi.com/news?id=40057 The government increased domestic LPG retail prices for Ujjawala beneficiaries and general consumers effective April 8, 2025, to reflect higher international LPG benchmarks while seeking budgetary support to address past under recoveries of public sector oil marketing companies. Simultaneously, the central government raised the special additional excise duty on petrol and diesel, increasing central tax incidence but maintaining unchanged retail pump prices by offsetting the duty hike against reductions warranted by falling international crude prices; excise accruals may be used to compensate oil PSUs and prices will be reviewed monthly. en-us Mon, 07 Apr 2025 18:01:03 +0530 Mon, 07 Apr 2025 18:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40057 The government increased domestic LPG retail prices for Ujjawala beneficiaries and general consumers effective April 8, 2025, to reflect higher international LPG benchmarks while seeking budgetary support to address past under recoveries of public sector oil marketing companies. Simultaneously, the central government raised the special additional excise duty on petrol and diesel, increasing central tax incidence but maintaining unchanged retail pump prices by offsetting the duty hike against reductions warranted by falling international crude prices; excise accruals may be used to compensate oil PSUs and prices will be reviewed monthly. News - Mon, 07 Apr 2025 18:01:03 +0530 https://www.taxtmi.com/news?id=40057