{"id":343202,"date":"2020-03-24T11:14:17","date_gmt":"2020-03-24T05:44:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=343202"},"modified":"2020-03-24T11:35:51","modified_gmt":"2020-03-24T06:05:51","slug":"government-gets-nod-for-enabling-powers-to-raise-levy-on-petrol-diesel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/government-gets-nod-for-enabling-powers-to-raise-levy-on-petrol-diesel\/","title":{"rendered":"Government gets nod for enabling powers to raise levy on petrol, diesel"},"content":{"rendered":"<p>The Narendra Modi-led Government on Monday disappointed India Inc and the masses by not announcing any measures to provide relief to the Covid-19-affected economy. However, it did manage to get approval from the Lok Sabha for enabling powers to raise  duty on petrol and diesel in future. <\/p>\n<p>Meanwhile, Finance Minister Nirmala Sitharaman also moved an amendment in the Finance Bill to define threshold for taxation on Non-Resident Indians (NRI). The Finance Bill  was passed in the Lok Sabha without any debate or reply. <\/p>\n<p>Fuel taxation <\/p>\n<p>In an amendment in the Finance Bill, the upper limit for special additional excise duty on petrol is fixed at \u20b918 while  on diesel it  is \u20b912. At present, petrol attracts special additional excise duty at the rate of \u20b910 per litre while for diesel, it is \u20b94.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Narendra Modi-led Government on Monday disappointed India Inc and the masses by not announcing any measures to provide relief to the Covid-19-affected economy. However, it did manage to get approval from the Lok Sabha for enabling powers to raise duty on petrol and diesel in future. Meanwhile, Finance Minister Nirmala Sitharaman also moved an amendment in the Finance Bill to define threshold for taxation on Non-Resident Indians (NRI). The Finance Bill was passed in the Lok Sabha without any debate or reply. Fuel taxation In an amendment in the Finance Bill, the upper limit for special additional excise duty [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-343202","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=343202"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/343202\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=343202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=343202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=343202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}