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Page 13 - Petrol

Petrol price cut by 21 paise, diesel by 20 paise for second consecutive day

Petrol now costs Rs 90.78 per litre in Delhi and a litre of diesel comes for Rs 81.10

Petrol price cut by 21 paise, diesel by 20 paise for second consecutive day
Updated On : 25 Mar 2021 | 2:59 PM IST

Cannot bring petrol, diesel under GST for next 8-10 years: Sushil Modi

BJP leader Sushil Kumar Modi on Wednesday said it is not possible to bring petrol and diesel under the GST regime for the next eight to 10 years

Cannot bring petrol, diesel under GST for next 8-10 years: Sushil Modi
Updated On : 24 Mar 2021 | 11:33 PM IST

Fuel prices stable as tax collection on petrol, diesel jumps 300% in 6 yrs

The collections on petrol and diesel rose to Rs 2.94 trillion in the first 10 months of the current fiscal

Fuel prices stable as tax collection on petrol, diesel jumps 300% in 6 yrs
Updated On : 23 Mar 2021 | 7:46 AM IST

Fuel prices stable for over 3 weeks, PSU oil cos expanded retail operations

India's fuel demand, except ATF, has returned to pre-Covid levels and a reflating economy will help consumption grow in near future

Fuel prices stable for over 3 weeks, PSU oil cos expanded retail operations
Updated On : 22 Mar 2021 | 7:11 AM IST

States reluctant to bring petroleum products under GST purview: BJP leader

Khanna on Friday said the Centre is ready to bring petroleum products under the Goods and Services Tax (GST) purview to provide relief to the common people but the states are not unanimous.

States reluctant to bring petroleum products under GST purview: BJP leader
Updated On : 19 Mar 2021 | 10:37 PM IST

Petrol, diesel prices remain stable, fuel sales return to pre-Covid levels

In Mumbai, the petrol price stood at Rs 97.57 per litre--the same since Feb 27. In Chennai, petrol was at Rs 93.11. Diesel was selling at Rs 86.45 in the city

Petrol, diesel prices remain stable, fuel sales return to pre-Covid levels
Updated On : 19 Mar 2021 | 7:52 AM IST

Petrol stable at Rs 91.17 in New Delhi for 18th day, diesel at Rs 81.47

Prices have stabilised amid an outcry over record-high fuel prices, which have been witnessing an upswing since January

Petrol stable at Rs 91.17 in New Delhi for 18th day, diesel at Rs 81.47
Updated On : 17 Mar 2021 | 7:26 AM IST

Petrol, diesel prices unchanged even as global markets remain volatile

Fuel prices in the country have remained steady for over a fortnight now even though global oil market remains volatile with regular variations in prices

Petrol, diesel prices unchanged even as global markets remain volatile
Updated On : 16 Mar 2021 | 11:04 AM IST

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