India, the world’s third-largest energy consumer is undergoing a clean energy transition. This transition must not only advance climate commitments but also development needs and economic priorities.
The introduction of Goods and Services Tax (GST) has led to an increase in the cost of solar photovoltaic (PV) power generation by almost 6 per cent, an independent study by the Council on Energy, Environment and Water (CEEW) and the International Institute for Sustainable Development (IISD) said on Thursday.
Auto LPG industry in the country has sought a reduction in GST rates on LPG conversion kits for automobiles from current 28 per cent to 5 per cent to boost vehicle conversions to the environment-friendly fuel.
India’s largest LNG supplier Qatar on Sunday urged the central government to include natural gas in GST to help create demand for the environment friendly fuel and raise its share in the country’s energy basket.
With the Interim Budget for 2019-20 failing to address the issue of bringing petroleum products and gas under the ambit of GST, the oil and gas sector fears being left behind on GST reforms, said accounting and consultancy firm PwC.
Bhuwan Chandra Tripathi, chairman & MD, GAIL (India) Ltd, spoke about the volatility in crude prices, growth and expansion plans of GAIL in an interview with Swati Khandelwal of Zee Business on the sidelines of the World Economic Forum, Davos.
Budget 2019 expectations: Jet fuel under GST bracket? Is there any good news in store for Jet Airways, SpiceJet, Indigo, Air India?
Budget 2019 demands: The major reason why this upcoming Budget 2019 is the talk of every town and is being eagerly watched because it may be a game changer for Prime Minister Narendra Modi government and people as well.
The Goods and Services Tax (GST) Council will join hands with the National Highways Authority of India (NHAI) to curb e-way bill fraud, sources said on Tuesday.
The Prime Minister’s Office has asked nodal ministries to speed up efforts to bring all states on board for the inclusion of oil, natural gas, electricity and coal under the ambit of the goods and service tax (GST).
Union Petroleum Minister Dharmendra Pradhan on Wednesday said that the decision to levy GST on petroleum products will be taken as per the recommendation of GST Council.