Page 4 - Petrol-diesel Prices

European Union ministers discuss surge in inflation, energy prices

Dombrovskis said there were several developments that risked hampering the recovery. One of these was inflation, which stood at 4.1 per cent in October in the eurozone.

Delhi Congress stages protest demanding reduction in VAT on petrol, diesel

The DPCC chief further alleged that the Delhi government does not use the collection of over Rs 25,000 crore from VAT from petroleum products.

Fuel price hike protest: Kerela legislator rides bicycle to reach Assembly

The Kerala Assembly on Monday witnessed a novel mode of protest as an opposition legislator pedalled a bicycle to reach the House complex against the state government's stand not to forgo tax on fuel

Sustainable fuel taxes

India needs a more transparent tax structure

Total tax on petrol down to 50%, diesel to 40% after excise duty cuts

The retail price of petrol and diesel is decided after adding central excise, commission paid to dealers and value-added tax (VAT) to basic oil prices

Petrol and diesel prices remain unchanged for third consecutive day

In the financial capital Mumbai, petrol continues to be priced at Rs 109.98 a litre and diesel Rs 94.14 a litre.

Meghalaya govt cuts VAT on fuel by Rs 5.20 per litre after excise duty cut

The Meghalaya Democratic Alliance government announced a reduction in the value-added tax (VAT) on petrol and diesel by Rs 5.20 per litre each.

Fuel pump dealers bleed on sudden excise duty cut on petrol, diesel

Dealers earn a commission of Rs 2.58 a litre on diesel and Rs 3.85 a litre on petrol

Excise duty cut on petrol, diesel could reduce inflation by 30 bps

Petrol's price rise remained elevated even as it moderated to 22.26 per cent in September from 24.01 per cent in the previous month

23 states lower VAT rates on petrol, diesel after Centre's excise duty cut

According to an official statement, states that reduced fuel prices the most were Karnataka, followed by Puducherry and Mizoram

Chhattisgarh CM Baghel demands UPA-era tax rates for petrol, diesel

Chhattisgarh Chief Minister Bhupesh Baghel on Friday demanded that the rates of taxes on petrol and diesel should be brought down to those in force during the UPA government

Excise duty cut on fuel BJP's reaction to bypoll debacle, says Congress

Congress on Friday called the cut in fuel taxes a 'reaction' of the Bharatiya Janata Party (BJP) to the 'debacle' it suffered in the recently held by-elections to 30 assembly seats in 14 states

Digvijay demands Centre to cut excise duty on fuel prices to 2014 level

Singh on Friday demanded that the Centre should further cut the excise duty on fuel to what it was during the Congress regime in 2014, adding that the move will bring the prices further down by Rs 18

Petrol price further cut by Rs 8, diesel by Rs 9 in BJP-ruled states

Petrol price has been further reduced by as much as Rs 8.7 per litre and diesel by Rs 9.52 in BJP ruled states and UTs - from Ladakh to Puducherry

Kerala govt firm on decision not to reduce fuel tax despite criticism

Kerala government on Friday reaffirmed its stand that it could not forego the taxes on fuel due to the grim financial situation

A day after Centre slashes petrol, diesel rates, prices remain static

Accordingly, the pump price of petrol in Delhi, which fell to Rs 103.97 a litre at 6 a.m. on Thursday from previous day's level of Rs 110.04 a litre, remains at the same level on Friday.

Petrol, diesel prices will increase again in coming months: Energy expert

The prices of petrol and diesel will increase again in the coming months, said energy expert Narendra Taneja on Thursday.

Excise duty cut on fuel 'very sensitive decision by PM': Amit Shah

"It is a confirmation of our charge that fuel prices are high mainly because of high taxes," he said

Nothing short of stimulus: Fuel tax cuts may boost consumption by Rs 35K-cr

With revenues set to exceed the annual target by Rs 2 trillion, a softer revenue loss that boosts consumption will provide immense relief, especially to lower income households

PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah

The Union home minister on Thursday lauded Modi's decision regarding the excise duty on fuel