Business Economy


Govt exempts Ethanol Blended Petrol (EBP) from central excise duties

New Delhi, Jun 11 (UNI) The Government on Thursday exempted Ethanol Blended Petrol (EBP) from applicable central excise duties, an official order said.
It is subjected to the condition that appropriate central excise duties have already been paid on petrol and appropriate GST on the ethanol used for blending.
EBP blends are E22, E25, E27 and E30 which contain 22,25,27 and 30pc ethanol respectively.
According to official order, the objective of this exemption is to remove the "deeming fiction" under central excise law.
The exemption has been provided on same lines as already existing for EBP blends like E5,E10,E20 etc. There is no change in central excise duty rate on petrol for domestic consumption.
UNI SAS RN
More News

20 Jul 2026 | 7:12 PM

New Delhi, July 20 (UNI) India’s core infrastructure industries recorded a five-month high growth rate of 5% in June, driven by a sharp increase in cement, electricity and iron ore production, according to government data released on Monday.

see more..

20 Jul 2026 | 7:00 PM

New Delhi, Jul 20 (UNI) India's core infrastructure industries recorded a five-month high growth of 5% in June, driven by a sharp increase in cement, electricity and iron ore production, according to government data released on Monday.

see more..

Stock markets end lower led by heavy selling in private banking stocks

20 Jul 2026 | 6:42 PM

New Delhi, Jul 20 (UNI) Indian stock markets on Monday ended lower led by heavy selling in private banking stocks after their June-quarter earnings and weak global cues.

see more..

L&T bags orders worth Rs 10,000 Cr from Public Sector Units

20 Jul 2026 | 6:26 PM

Mumbai, Jul 20 (UNI) Larsen & Toubro's (L&T) officially informed the stock exchanges here through a regulatory filing on Monday that the metals and minerals vertical of the company has bagged multiple orders from government-owned public sector companies.

see more..

IHCL signs Tree of Life Kanadukathan in Chettinad, TN

20 Jul 2026 | 5:09 PM

Chennai, July 20 (UNI) Hospitality firm the Indian Hotels Company (IHCL) on Monday announced the signing of Tree of Life Kanadukathan in Chettinad, Tamil Nadu.

see more..