{"id":645115,"date":"2025-09-06T09:36:42","date_gmt":"2025-09-06T04:06:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=645115"},"modified":"2025-09-06T10:48:25","modified_gmt":"2025-09-06T05:18:25","slug":"indian-coal-prices-to-be-lower-after-tax-revision-industry-officials-say","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-coal-prices-to-be-lower-after-tax-revision-industry-officials-say\/","title":{"rendered":"Indian coal prices to be lower after tax revision, industry officials say"},"content":{"rendered":"<p>Coal prices in India will fall after revisions to taxes on the fuel that generates nearly 75% of the country&#8217;s electricity, industry officials and analysts said, as a higher consumption tax is offset by the removal of a carbon levy.<\/p>\n<p>That could push up domestic consumption at the expense of imports, they said, putting further pressure on already plunging global coal prices.<\/p>\n<p>India&#8217;s finance minister hiked consumption levies on coal to 18% from 5% on Wednesday. However, buyers no longer have to pay a flat carbon tax of 400 Indian rupees ($4.57) a metric ton, known as a cess.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal prices in India will fall after revisions to taxes on the fuel that generates nearly 75% of the country&#8217;s electricity, industry officials and analysts said, as a higher consumption tax is offset by the removal of a carbon levy. That could push up domestic consumption at the expense of imports, they said, putting further pressure on already plunging global coal prices. India&#8217;s finance minister hiked consumption levies on coal to 18% from 5% on Wednesday. However, buyers no longer have to pay a flat carbon tax of 400 Indian rupees ($4.57) a metric ton, known as a cess.<\/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":[194,130,136],"tags":[],"class_list":["post-645115","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645115","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=645115"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/645115\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=645115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=645115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=645115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}