What is the News? According to the data from the Controller General of Accounts (CGA), Excise duty mostly from petrol and diesel has helped the government overcome a major gap in its revenue in FY21. How much tax do we pay on petrol and diesel? The Union government levies excise duty and cess on… Continue reading Excise duty helps fill Centre’s fiscal gap
Tag: DIESEL
CSIR and GAIL join hands to scale up production of diesel from Plastic waste
Union Minister for Science and Technology has inaugurated a waste plastic to diesel plant in Dehradun. The plant has been set up in CSIR- Indian Institute of Petroleum (IIP) whose scientists will process waste plastics into fuel.The technology has been developed under the GAIL’s sponsorship. Using this plant,polyolefinic wastes which accounts for approximately 70% of… Continue reading CSIR and GAIL join hands to scale up production of diesel from Plastic waste