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Page 17 - Petrol

Bring petrol, diesel under GST: Maharashtra dy CM Pawar urges Centre

Maharashtra Deputy Chief Minister Ajit Pawar on Wednesday demanded that petrol and diesel be brought under the Goods and Services Tax (GST)

Bring petrol, diesel under GST: Maharashtra dy CM Pawar urges Centre
Updated On : 10 Mar 2021 | 7:25 PM IST

Petrol price can come down to Rs 75 if brought under GST, says report

'There is lack of political will to bring crude under the ambit of GST,' say economists at SBI

Petrol price can come down to Rs 75 if brought under GST, says report
Updated On : 04 Mar 2021 | 5:46 PM IST

Fuel price hike: SAD MLAs ride to Punjab Assembly on bullock carts

Sharanjit Singh Dhillon, SAD MLA from the Sahnewal constituency, told ANI that taxes on petrol and diesel are so high that people are unable to afford these items

Fuel price hike: SAD MLAs ride to Punjab Assembly on bullock carts
Updated On : 04 Mar 2021 | 12:41 PM IST

Govt considering reduction in excise duties on petrol, diesel: Report

Finance Ministry may take a final call on fuel tax cut following Opec's meeting this month, say sources

Govt considering reduction in excise duties on petrol, diesel: Report
Updated On : 01 Mar 2021 | 11:13 PM IST

Petrol, diesel prices remain unchanged as oil companies observe trends

The rise in the petrol and diesel price has paused for the last couple of days as oil marketing companies have decided to wait and watch the developments on the global oil market

Petrol, diesel prices remain unchanged as oil companies observe trends
Updated On : 01 Mar 2021 | 11:51 AM IST

Why costly diesel burns a bigger hole in your pocket than petrol

While consumers feel the petrol pinch directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use

Why costly diesel burns a bigger hole in your pocket than petrol
Updated On : 01 Mar 2021 | 12:45 AM IST

Petrol, diesel prices unchanged across metros, Rs 91.17 per litre in Delhi

Similarly, in Mumbai, Chennai and Kolkata, the fuel was sold for Rs 97.57, Rs 93.11 and Rs 91.35 a litre respectively

Petrol, diesel prices unchanged across metros, Rs 91.17 per litre in Delhi
Updated On : 28 Feb 2021 | 12:33 PM IST

Oil prices increase more than $1 as US output slow to restart

Morgan Stanley expects Brent crude prices to climb to $70 per barrel in the third quarter

Oil prices increase more than $1 as US output slow to restart
Updated On : 23 Feb 2021 | 1:59 PM IST

59% respondents cutting spends to cope with rising fuel prices: survey

Most want centre to reverse Covid excise duty, states to prune VAT rate or replace ad valorem rate with flat tax structure

59% respondents cutting spends to cope with rising fuel prices: survey
Updated On : 23 Feb 2021 | 12:52 AM IST

'Yahi hai acche din? Shiv Sena slams Centre over rising fuel prices

This comes as the prices of petrol and diesel are increasing continuously for several days and in some states, the price of petrol has even crossed Rs 100 mark

'Yahi hai acche din? Shiv Sena slams Centre over rising fuel prices
Updated On : 22 Feb 2021 | 9:41 AM IST

West Bengal to cut taxes on petrol, diesel price by Re 1 per litre

State finance minister says decision taken despite Amphan, Covid stress and dues from Centre running into Rs 77,000 cr, will bring marginal relief especially to farmers who use diesel

West Bengal to cut taxes on petrol, diesel price by Re 1 per litre
Updated On : 21 Feb 2021 | 10:14 PM IST

As fuel prices soar, Bengal govt reduces tax on petrol, diesel by Rs 1

The West Bengal government on Sunday announced a reduction of tax by Re 1 per litre on petrol and diesel effective from midnight. State Finance Minister Amit Mitra said the move will provide some respite to people stung by burgeoning prices of fuel. "The Centre earns Rs 32.90 per litre in taxes from petrol, while the state gets Rs 18.46 only. In case of diesel, the central government's earning is Rs 31.80 per litre as against Rs 12.77 for the state," Mitra said. He also alleged that the Centre had imposed cess to avoid devolution with states, which is "against the characteristics of federalism". To a question, Mitra said the Union government should reintroduce the planning commission.

As fuel prices soar, Bengal govt reduces tax on petrol, diesel by Rs 1
Updated On : 21 Feb 2021 | 5:47 PM IST

Petrol prices unchanged after rising over Rs 3 per litre in 12 days

On Sunday, price of the fuel in Delhi, Mumbai, Chennai and Kolkata was at Rs 90.58, Rs 97.00, Rs 92.59, Rs 91.7 per litre, respectively, unchanged from the previous levels

Petrol prices unchanged after rising over Rs 3 per litre in 12 days
Updated On : 21 Feb 2021 | 12:41 PM IST

Congress holds half-day bandh in Madhya Pradesh against fuel price rise

The Congress in Madhya Pradesh is observing a half-day statewide 'bandh' on Saturday to protest against the rising petrol and diesel prices.

Congress holds half-day bandh in Madhya Pradesh against fuel price rise
Updated On : 20 Feb 2021 | 11:36 AM IST

Meghalaya govt slashes petrol, diesel prices by Rs 7, says CM Sangma

The government will reduce the VAT for petrol from 31.62 per cent or Rs 17.60 per litre to 20 per cent or Rs 15 per litre

Meghalaya govt slashes petrol, diesel prices by Rs 7, says CM Sangma
Updated On : 17 Feb 2021 | 6:58 AM IST

Premium petrol touches Rs 100 in 3 states; LPG prices hit Rs 769 a cylinder

Premium petrol touches Rs 100 in three states; LPG prices hit Rs 769 a cylinder

Premium petrol touches Rs 100 in 3 states; LPG prices hit Rs 769 a cylinder
Updated On : 16 Feb 2021 | 12:30 AM IST

Petrol price hits the Rs 99 a litre mark in Rajasthan, diesel at Rs 91

Petrol price crossed the Rs 99 a litre mark in Rajasthan on Sunday while diesel topped Rs 91 after rates were increased for the sixth day in a row. Petrol price was increased by 29 paise per litre and diesel by 32 paise, according to a price notification of state-owned fuel retailers. This pushed retail rates, which differ from state to state depending on incidence of local sales tax or VAT and freight charges, to their highest level. In the national capital, petrol climbed to Rs 88.73 a litre and diesel soared to Rs 79.06, the notification showed. Rajasthan, which levies the highest VAT on fuel in the country, had the highest petrol and diesel prices. In Sriganganagar town of the state, petrol soared to Rs 99.29 and diesel jumped to Rs 91.17 per litre. The Rajasthan government had late last month cut VAT on petrol and diesel by 2 per cent. Despite this, the state has the highest VAT at 36 per cent plus Rs 1,500 per kilolitre road cess on petrol. On diesel, the state levies 26 pe

Petrol price hits the Rs 99 a litre mark in Rajasthan, diesel at Rs 91
Updated On : 14 Feb 2021 | 11:33 PM IST

Petrol price with additives tops Rs 100 in Maharashtra's Parbhani district

The rate of petrol with additives has crossed the Rs 100 mark for a litre in Maharashtra's Parbhani district on Sunday morning, an office bearer of a petrol dealers' association said.

Petrol price with additives tops Rs 100 in Maharashtra's Parbhani district
Updated On : 14 Feb 2021 | 2:04 PM IST

Delhi: Petrol price up 29 paise at Rs 88.73 per litre, diesel by 32 paise

Petrol and diesel prices are revised on a daily basis in line with the change in international crude oil prices

Delhi: Petrol price up 29 paise at Rs 88.73 per litre, diesel by 32 paise
Updated On : 14 Feb 2021 | 8:35 AM IST

Cong planning nationwide protest against soaring fuel prices: Chennithala

"The Congress is planning an all India protest, if the prices of fuel continue to soar on an uncontrolled level," Chennithala told reporters here as he commenced today''s yatra in Ernakulam district

Cong planning nationwide protest against soaring fuel prices: Chennithala
Updated On : 12 Feb 2021 | 12:26 PM IST