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Page 8 - Petrol

India aims to sell only 20% ethanol-blended petrol from 2025: Oil Secretary

E20 blended petrol to be introduced in 2023. In the transitional period, even 10% ethanol-blended fuel will be available but at different petrol pumps

India aims to sell only 20% ethanol-blended petrol from 2025: Oil Secretary
Updated On : 11 Nov 2021 | 7:05 PM IST

Bringing petroleum products under GST to cut taxes on petrol, diesel: Gadkari

The move would also increase the revenue of both the Centre and states, Union Minister Nitin Gadkari said on Wednesday

Bringing petroleum products under GST to cut taxes on petrol, diesel: Gadkari
Updated On : 10 Nov 2021 | 8:07 PM IST

Cabinet okays Rs 1.47 a litre ethanol price hike for blending in petrol

The price hike was approved for 2021-22 marketing year starting December as part of the government's target to achieve 20 per cent doping by 2025

Cabinet okays Rs 1.47 a litre ethanol price hike for blending in petrol
Updated On : 10 Nov 2021 | 8:07 PM IST

Petrol, diesel price continues to remain unchanged after duty cuts

After big cuts in petrol and diesel prices following the Centre and states reducing taxes, fuel prices have remained unchanged

Petrol, diesel price continues to remain unchanged after duty cuts
Updated On : 08 Nov 2021 | 11:41 AM IST

Punjab govt cuts petrol, diesel prices by Rs 10 and Rs 5 per litre

Days after Centre reduced excise duty on fuel, the Congress-led government in Punjab on Sunday lowered the VAT on petrol and diesel making them cheaper by Rs 10 per litre and Rs 5 per litre in state.

Punjab govt cuts petrol, diesel prices by Rs 10 and Rs 5 per litre
Updated On : 07 Nov 2021 | 4:01 PM IST

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

Total tax on petrol down to 50%, diesel to 40% after excise duty cuts
Updated On : 07 Nov 2021 | 3:06 PM IST

Withdraw last year's price hikes of petrol, diesel: Congress

The central government reduced excise duty on petrol by Rs 5 and on diesel by Rs 10, and some BJP-ruled states have reduced VAT on the fuels this week

Withdraw last year's price hikes of petrol, diesel: Congress
Updated On : 06 Nov 2021 | 5:50 PM IST

Chandigarh cuts VAT on petrol, diesel by Rs 7/litre after excise duty cut

With the Centre slashing excise duty on petrol and diesel, the Chandigarh Administration has also announced a reduction of Rs 7 per litre in VAT on fuels making them cheaper in the Union Territory.

Chandigarh cuts VAT on petrol, diesel by Rs 7/litre after excise duty cut
Updated On : 05 Nov 2021 | 1:57 PM IST

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

Nothing short of stimulus: Fuel tax cuts may boost consumption by Rs 35K-cr
Updated On : 04 Nov 2021 | 11:05 PM IST

Karnataka govt issues notification reducing tax on diesel, petrol

The state government in a release claimed that Karnataka is the first state to reduce sales tax on petrol and diesel

Karnataka govt issues notification reducing tax on diesel, petrol
Updated On : 04 Nov 2021 | 8:04 PM IST

Top headlines: States slash VAT on fuel; WHO sees Covid rebound in Europe

Business Standard brings you the top stories from today

Top headlines: States slash VAT on fuel; WHO sees Covid rebound in Europe
Updated On : 04 Nov 2021 | 6:13 PM IST

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

PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah
Updated On : 04 Nov 2021 | 3:39 PM IST

Petrol, diesel to be cheaper in Bihar with lowered VAT rates: Nitish

The Centre had, on Wednesday, made petrol and diesel cheaper by Rs 5 and Rs 10 per litre respectively

Petrol, diesel to be cheaper in Bihar with lowered VAT rates: Nitish
Updated On : 04 Nov 2021 | 2:40 PM IST

Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura

A cut in excise duty on petrol and diesel and the ensuing drop in retail selling price of these auto fuels should also help address inflation concerns to some extent, analysts said

Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura
Updated On : 04 Nov 2021 | 1:50 PM IST

Fuel prices hiked for 4th straight day; petrol crosses Rs 120 mark in MP

Prices differ from state to state, depending on the incidence of local taxes and cost of transportation.

Fuel prices hiked for 4th straight day; petrol crosses Rs 120 mark in MP
Updated On : 31 Oct 2021 | 11:34 PM IST

Fuel prices rise after fifth consecutive hike, petrol at Rs 109.3 in Delhi

With a hike of 35 paise a litre, the price of petrol in Delhi rose to its highest-ever level of Rs 109.34 a litre. The price of diesel also saw a hike by 35 paise and took the fuel's rate to Rs 98.07

Fuel prices rise after fifth consecutive hike, petrol at Rs 109.3 in Delhi
Updated On : 31 Oct 2021 | 11:38 AM IST

Fuel prices raised for 3rd straight day, Petrol touches Rs 108.64 in Delhi

As for Kolkata, the price of petrol is Rs 109.02 per litre, while diesel is Rs 100.49 per litre. In Chennai, petrol and diesel cost Rs 105.43 and Rs 101.59 per litre respectively.

Fuel prices raised for 3rd straight day, Petrol touches Rs 108.64 in Delhi
Updated On : 29 Oct 2021 | 9:16 AM IST

LPG price may be hiked next week; petrol, diesel rates up again

LPG rates were last hiked by Rs 15 per cylinder on October 6, taking the total increase in rates since July to Rs 90 per 14.2-kg cylinder

LPG price may be hiked next week; petrol, diesel rates up again
Updated On : 27 Oct 2021 | 4:16 PM IST

Petrol price rises Rs 36 a litre, diesel 26.58 in less than 18 months

Petrol and diesel prices were hiked for the fourth consecutive day on Saturday

Petrol price rises Rs 36 a litre, diesel 26.58 in less than 18 months
Updated On : 23 Oct 2021 | 3:18 PM IST

Fuel prices hiked again; diesel above Rs 99/litre from Srinagar to Chennai

Petrol and diesel prices on Thursday were hiked by 35 paise per litre each

Fuel prices hiked again; diesel above Rs 99/litre from Srinagar to Chennai
Updated On : 21 Oct 2021 | 11:21 AM IST