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Govt can cut excise duty on petrol, diesel by Rs 8.5 a litre without hurting revenues

Updated Mar 04, 2021 | 06:19 IST
Excise duty was raised by Rs 13 and Rs 16 per litre on petrol and diesel between March 2020 and May 2020, and now stands at Rs 31.8 on diesel and Rs 32.9 per litre on petrol.
Govt can cut excise duty on petrol, diesel by Rs 8.5 a litre without hurting revenues | Photo Credit: BCCL
New Delhi: The government has room to cut excise duty on petrol and diesel by up to Rs 8.5 per litre without impacting its target for revenue from the tax on the two fuels, analysts said.
Petrol and diesel prices hover at a historic high following a relentless increase in rates over the past nine months. There have been calls by opposition parties as well as sections of society to the government to reduce excise duty to ease consumer pain. ....

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Diesel Petrol Price Today 23 February 2021: Know Rates According To Iocl - Petrol Diesel Price: दो दिन की राहत के बाद आज फिर बढ़े पेट्रोल-डीजल के दाम

ख़बर सुनें
सरकारी तेल कंपनियों की ओर से आज पेट्रोल और डीजल की कीमतों में बढ़ोतरी की गई है। दो दिन थोड़ी राहत मिलने के बाद फिर से डीजल की कीमत में 35 से 38 पैसे तक की बढ़ोतरी हुई है। वहीं पेट्रोल की कीमत 34 से 35 पैसे तक बढ़ी है। दिल्ली, मुंबई, चेन्नई, कोलकाता में पेट्रोल की कीमतें 90 रुपये के ऊपर पहुंच गई हैं।
दिल्ली और मुंबई में पेट्रोल की कीमत अब तक के उच्चतम स्तर पर पहुंच गई है। इन � ....

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Petrol, diesel price today: Petrol, diesel prices rise again on Tuesday after two-day pause. Check today's latest rates in top cities

Updated Feb 23, 2021 | 07:43 IST
Petrol Diesel Price Rate Today: A litre of petrol today costs Rs 90.93 in Delhi and Rs 97.34 in Mumbai. Diesel, on the other hand, costs Rs 81.32 a litre in Delhi and Rs 88.44 per litre in Mumbai.
Petrol, diesel prices rise again on Tuesday after two-day pause. Check today’s latest rates in top cities. | Photo Credit: BCCL
New Delhi: Petrol and diesel prices in the country again went up on Tuesday (February 23) because of the sharp rise in crude oil prices in the global market. After the daily revision in retail auto fuel rates, petrol prices rose by 31-35 paise while diesel prices rose by 33-38 across the major cities in the country. It is worth noting that amid pressure to check the fuel price rise, state-run oil marketing companies (OMCs) decided to keep petrol and diesel prices static on Monday for the second consecutive day. ....

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Impact of fuel price hike in Kolkata; netizens react to continuous surge in petrol prices

Updated Feb 22, 2021 | 17:04 IST
There have been widespread protests across the state of West Bengal over the rising fuel prices. With Assembly polls around the corner, the TMC govt in the state has decided to reduce state tax on petrol.
A Congress party supporter wearing mask of Indian Prime Minister Narendra Modi and dressed as a cricketer celebrating a century stands on the bonnet of a car during a protest against fuel price hike in Kolkata. | Photo Credit: AP
Kolkata: The cost of petrol in West Bengal has been on a steady rise for the last few days, much like various parts of the country. Now the state government has announced a reduction of tax by Re 1 per litre on fuel. This reduction will be applicable for both the prices of petrol and diesel and the scheme will come in effect from midnight. ....

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Diesel Petrol Price Today 19 February 2021: Know Rates According To Iocl - Petrol Diesel Price: लगातार 11वें दिन बढ़े तेल के दाम, दिल्ली में 90 रुपये के पार पहुंचा पेट्रोल का भाव

Diesel Petrol Price Today 19 February 2021: Know Rates According To IOCL
सरकारी तेल कंपनियों की ओर से दस दिनों से लगातार इजाफा होने के बाद ग्याहरवें दिन भी पेट्रोल और डीजल की कीमतों में वृद्धि का सिलसिला नहीं रुका है। ....

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