Central Excise Duty on Petrol, Diesel & Their Tax Collection Jumped Manifold Since 2014: Data
3 years, 6 months ago

Central Excise Duty on Petrol, Diesel & Their Tax Collection Jumped Manifold Since 2014: Data

News 18  

The central excise duty on petrol and the tax collected by the central government on fuel has increased by more than three times since 2014-15, even as crude oil price dropped to nearly half during the same period, official data analysed by CNN-News18 showed. Currently, the central excise duty on petrol stands at Rs 32.9 per litre — an increase of nearly 3.5 times, data from the Union Finance Ministry showed. Central excise duty on diesel increased by nearly nine times since 2014 The central excise duty on diesel was Rs 3.56 per litre in 2014, which has shot upto Rs 31.8 per litre in 2021 — nearly nine times more. Since March 2020, the central excise duty on petrol has increased by Rs 12.92 per litre, while that on diesel has increased by Rs 15.95 per litre. Total central excise duty collected on petrol, diesel, natural gas increased by about 4 times The total central excise duty collected on petrol, diesel and natural gas increased by about four times since 2014 when it was Rs 74,158 crore.

Data Indian Natural Gas Crore Central Petrol Diesel Excise Crude Oil Increased Litre Excise Duty Central Excise Duty Duty Collected  increased  data  collection  litre  petrol  excise  tax  duty  collected  diesel  rs  central  manifold  jumped  crore

History of this topic

Budget: CII seeks excise duty cut in petrol, diesel, hike in minimum wages
Trending News
2 weeks, 3 days ago

Budget: CII seeks excise duty cut in petrol, diesel, hike in minimum wages

Live Mint  

New Delhi: The Confederation of Indian Industry has suggested excise duty cuts in petrol and diesel and a hike in key minimum wages in the upcoming Union budget to boost consumption amid high inflation. In a statement on Sunday, the industry body said it wants to see targeted interventions to boost consumption, especially at the lower income level, including an …

CM Siddaramaiah defends hike in petrol and diesel prices
6 months, 4 weeks ago

CM Siddaramaiah defends hike in petrol and diesel prices

Deccan Chronicle  

Bengaluru: Karnataka Chief Minister Siddaramaiah on Sunday defended the hike in petrol and diesel prices saying that it will ensure funding essential public services and development projects. With the opposition BJP and its ally JD coming down heavily on the Congress government for increasing the petrol and diesel prices by Rs 3 and Rs 3.5 per litre respectively, Siddaramaiah said …

Govt Defers Additional Rs 2 Excise Duty On Petrol, Diesel; FinMin Issues Notification
2 years, 3 months ago

Govt Defers Additional Rs 2 Excise Duty On Petrol, Diesel; FinMin Issues Notification

News 18  

The government has delayed the levy of a Rs 2 excise duty on unblended petrol by one month to November 1, and on unblended diesel by 6 months to April 1 next year, according to a notification by the finance ministry. According to the Gazette notification issued late on Friday, the finance ministry said “petrol which is intended for retail …

Government defers plan to impose excise duty on unblended petrol and diesel
2 years, 3 months ago

Government defers plan to impose excise duty on unblended petrol and diesel

The Hindu  

The government has deferred the plan announced in the Union Budget to impose an excise duty of ₹2 on unblended petrol and diesel from October 1, 2022. To encourage the efforts for blending of fuel, unblended fuel shall attract an additional differential excise duty of ₹2 per litre from the 1st day of October 2022," Ms. Sitharaman had stated in …

Petrol Price Today Above Rs 100 in These Cities; Check Petrol, Diesel Price in Delhi, Kolkata, Others
2 years, 4 months ago

Petrol Price Today Above Rs 100 in These Cities; Check Petrol, Diesel Price in Delhi, Kolkata, Others

News 18  

The prices of the two major auto fuels remain unchanged on Thursday, September 8. 8 per litre and on diesel by Rs. According to the announcement by state taxation minister James PK Sangma in August, petrol and diesel prices were raised by Rs 1.5 per litre. 102.63 per litre while the rate of diesel is Rs. Check Petrol, Diesel Prices …

Petrol, Diesel Price Today Below Rs 100 Delhi; Check Fuel Rates in Mumbai, Other Cities
2 years, 4 months ago

Petrol, Diesel Price Today Below Rs 100 Delhi; Check Fuel Rates in Mumbai, Other Cities

News 18  

Petrol and diesel rates in the major cities of India have remained unchanged for three months now on August 22. 5 per litre and on diesel by Rs. In Kolkata, the rate of petrol per litre is Rs. 106.03 while that of diesel, per litre, stands at Rs. Check the fuel rates in different cities on August 22, here: Delhi …

Uttar Pradesh had the highest share in Centre’s FY22 excise revenue
2 years, 5 months ago

Uttar Pradesh had the highest share in Centre’s FY22 excise revenue

Live Mint  

NEW DELHI: The state of Uttar Pradesh received the biggest share of central government’s revenue collections from excise duty on petroleum products in FY22, followed by Bihar, West Bengal and Madhya Pradesh, as per official data. Uttar Pradesh received about ₹6,693 crore last fiscal from the Centre’s excise duty collection which was shared with states as per a formula prescribed …

Petrol, Diesel Become Cheaper After Centre Slashes Excise Duty; Check Fuel Prices Today
2 years, 7 months ago

Petrol, Diesel Become Cheaper After Centre Slashes Excise Duty; Check Fuel Prices Today

News 18  

Petrol, Diesel Prices on Tuesday: Fuel prices continue their steady streak for the 24th day in a row on Tuesday, June 13. Prices of petrol and diesel have remained steady since the central government announced a cut in excise duty on petrol by Rs 8 per litre, and Rs 6 per litre on diesel earlier in May. The Kerala government …

Petrol, Diesel Become Cheaper After Centre Slashes Excise Duty; Check Fuel Prices Today
2 years, 7 months ago

Petrol, Diesel Become Cheaper After Centre Slashes Excise Duty; Check Fuel Prices Today

News 18  

Petrol, Diesel Prices on Thursday: The prices of petrol and diesel were kept unchanged by the OMCs for the eighteenth day straight on Thursday. In Chennai, the petrol price is Rs 102.63 per litre, while diesel retail price stands at Rs 94.24 per litre in the capital city of Tamil Nadu. After the Centre relaxed the Excise Duty on fuel …

Petrol, Diesel Prices Drop Steeply After Centre Cuts Excise Duty; See Fuel Prices Today
2 years, 7 months ago

Petrol, Diesel Prices Drop Steeply After Centre Cuts Excise Duty; See Fuel Prices Today

News 18  

Petrol, Diesel Price Cut: Petrol price on Sunday, June 5, remained constant for two weeks while diesel price on the day also remained unchanged. Finance minister Nirmala Sitharaman had announced an excise duty cut on petrol and diesel by a record Rs 8 per litre and on diesel by Rs 6 per litre respectively last month as fuel rates hit …

Petrol, Diesel Prices Drop in Delhi, Mumbai Post Excise Duty Cut; Check Rates In Your City Today
2 years, 7 months ago

Petrol, Diesel Prices Drop in Delhi, Mumbai Post Excise Duty Cut; Check Rates In Your City Today

News 18  

Petrol, Diesel Prices Monday: Oil marketing companies have kept the prices of petrol and diesel unchanged on Monday, May 30, 2022. In Kolkata, the petrol price has been reduced to Rs 106.03 per litre after the excise duty cut, while the price of diesel now stands at Rs 92.76 per litre. The central government on May 21 cut excise duty …

Inflation May Cool Down By This Much Following Petrol, Diesel Excise Duty Cut; Know Details
2 years, 7 months ago

Inflation May Cool Down By This Much Following Petrol, Diesel Excise Duty Cut; Know Details

News 18  

Inflation, which is currently hovering at an eight-year high of around 7.79 per cent, may cool down going forward due to the lowering of petrol and diesel prices following an excise duty cut by the Centre. Prices are still high and instead of inflation of close to 30 per cent for petrol, it will be around 20 per cent,” according …

Petrol, Diesel Prices Drop After Excise Duty Cut: Know How Much Tax You Pay On Fuel Now
2 years, 7 months ago

Petrol, Diesel Prices Drop After Excise Duty Cut: Know How Much Tax You Pay On Fuel Now

News 18  

Though the Centre has cut the excise duty on petrol and diesel thus bringing down the retail prices of the fuels, states, except a few, have not yet followed the suit. Here’s the full break-up of taxes one pays on petrol and diesel: Following the excise duty cut, the price of petrol in Delhi on Tuesday stood at Rs 96.72 …

Petrol, Diesel Duty Cut: Govt May Need To Bridge Revenue Loss Fully Via Market Borrowings
2 years, 7 months ago

Petrol, Diesel Duty Cut: Govt May Need To Bridge Revenue Loss Fully Via Market Borrowings

News 18  

After the Centre cut excise duty on petrol and diesel reducing the fuel retail prices, the government may borrow the entire Rs 1 lakh crore that it will forgo as revenues due to the reduction in levies, according to a report. The government has cut excise duty on petrol by Rs 8 per litre and that on diesel by Rs …

Petrol, Diesel Become Cheaper after Centre's Excise Duty Cut; Check Fuel Rates Today
2 years, 7 months ago

Petrol, Diesel Become Cheaper after Centre's Excise Duty Cut; Check Fuel Rates Today

News 18  

Petrol, Diesel Prices on Tuesday: The prices of petrol and diesel have remained unchanged on Tuesday after Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol by 8 per litre, and 6 rupees per litre on diesel on Saturday. The central government slashed central excise duty on petrol by Rs 8 per litre and on diesel by …

Petrol, Diesel Price Today: Fuel Prices Drop Sharply Post Excise Duty Cut; Know Rates
2 years, 7 months ago

Petrol, Diesel Price Today: Fuel Prices Drop Sharply Post Excise Duty Cut; Know Rates

News 18  

Petrol, Diesel Prices Today: Fuel prices remained unchanged on Monday. Finance minister Nirmala Sitharaman had announced a cut in excise duty on petrol by Rs 8 per litre, and Rs 6 per litre on diesel on Saturday. So, in Mumbai, petrol is retailing at Rs 111.35 per litre after the latest excise duty cut, while diesel is being sold at …

Fuel price cut: Nirmala Sitharaman rebuts Opposition flak, says move does not impact states' tax share
2 years, 7 months ago

Fuel price cut: Nirmala Sitharaman rebuts Opposition flak, says move does not impact states' tax share

Firstpost  

This comes after former Union finance minister P Chidambaram and other Opposition leaders stated that the reduction in excise duty announced on Saturday evening would reduce the share of states in Central taxes New Delhi: Finance Minister Nirmala Sitharaman on Sunday rebutted the Opposition’s criticism of excise duty cut impacting share of states in central taxes, saying the Rs 8 …

Full Burden of Fuel Excise Duty Cut Is Borne By Centre, Says FM; Compares 2014-22 With 2004-14
2 years, 7 months ago

Full Burden of Fuel Excise Duty Cut Is Borne By Centre, Says FM; Compares 2014-22 With 2004-14

News 18  

Amid the Opposition alleging the central government of slashing excise duty that is shared by states and accusing it of duping people with a “jugglery of figures”, Finance Minister Nirmala Sitharaman on Sunday said the excise duty on petrol and diesel that has been deducted is not shareable with states. SAED,RIC & AIDC are non-sharable.” The finance minister added that …

Petrol, Diesel Prices: Rajasthan, Odisha, Kerala Cut VAT on Fuel; Check Latest Rates
2 years, 7 months ago

Petrol, Diesel Prices: Rajasthan, Odisha, Kerala Cut VAT on Fuel; Check Latest Rates

News 18  

After the central government cut excise duty on petrol and diesel to cool the prices of auto fuel, several states are also following the suit by reducing value-added tax. The Centre has cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre. The Kerala government has announced to cut …

Petrol, Diesel Prices Today: Fuel Rates Slashed After Centre's Excise Duty Cut; Know Latest Cost
2 years, 7 months ago

Petrol, Diesel Prices Today: Fuel Rates Slashed After Centre's Excise Duty Cut; Know Latest Cost

News 18  

After remaining unchanged for 45 days, petrol and diesel prices on Sunday have been reduced in the country. The development comes after the central government cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre. The price of petrol in Delhi has been reduced to Rs 96.72 per litre, …

Excise cuts make fuel cheaper
2 years, 7 months ago

Excise cuts make fuel cheaper

Deccan Chronicle  

New Delhi: Buckling under pressure, the government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battering under high fuel prices that have also pushed inflation to a record high. State-owned fuel retailers will pass on the excise duty cut to …

Govt Reduces Excise Duty on Petrol by Rs 8 per Litre, Diesel by Rs 6; PM Says 'It's Always People First for Us'
2 years, 7 months ago

Govt Reduces Excise Duty on Petrol by Rs 8 per Litre, Diesel by Rs 6; PM Says 'It's Always People First for Us'

News 18  

Under pressure, the central government on Friday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre, which will lead to a welcome drop in fuel prices. Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, provide relief …

Centre cuts excise duty on petrol, diesel; prices to drop by ₹9.5, ₹7 per litre
2 years, 7 months ago

Centre cuts excise duty on petrol, diesel; prices to drop by ₹9.5, ₹7 per litre

Hindustan Times  

The Centre has decided to reduce the central excise duty on petrol by ₹8 per litre and on diesel by ₹6 per litre, Union finance minister Nirmala Sitharaman said on Saturday. “It will have a revenue implication of around ₹1 lakh crore per year for the government,” the finance minister said in a series of tweets. Sitharaman also announced that …

'It is always people first for us': PM Modi reacts to price cut on petrol, diesel and LPG
2 years, 7 months ago

'It is always people first for us': PM Modi reacts to price cut on petrol, diesel and LPG

India TV News  

PM Modi's reaction to petrol, diesel price cut: Soon after Finance Minister Nirmala Sitharaman announced the price cuts on petrol, diesel and LPG, PM Narendra Modi said: "It is always people first for us." In a tweet, the PM added: "Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, …

Give account of Rs 26 lakh crore excise duty earned on petrol, diesel: Congress to govt
2 years, 9 months ago

Give account of Rs 26 lakh crore excise duty earned on petrol, diesel: Congress to govt

India TV News  

Highlights Congress attacked the government after fuel prices were increased for the fifth time in six days Petrol price on Sunday was hiked by 50 paise a litre and diesel by 55 paise He demanded govt to give an account of the Rs 26 lakh crore accrued through excise duty on petrol The Congress on Sunday attacked the government after …

Fuel price: 22 states reduce VAT on petrol, diesel. Check revised rates
3 years, 2 months ago

Fuel price: 22 states reduce VAT on petrol, diesel. Check revised rates

India TV News  

Following the centre's decision to reduce the excise duty on Petrol and Diesel by Rs. The total increase in petrol price since the May 5, 2020 decision of the government to raise excise duty to record levels had totalled Rs 38.78 per litre. Based on April to October consumption numbers, the loss of revenue to the government due to the …

Fuel prices see further dip in these states as BJP and its allies cut costs of petrol by Rs 8, diesel by Rs 9
3 years, 2 months ago

Fuel prices see further dip in these states as BJP and its allies cut costs of petrol by Rs 8, diesel by Rs 9

Firstpost  

After duty changes, the costliest petrol and diesel is sold in Rajasthan at Rs 111.10 and Rs 95.71 a litre respectively New Delhi: 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 — as they matched the central government’s …

Centre's Excise Duty Cut on Petrol, Diesel to Cost Rs 45,000 Cr to Exchequer: Report
3 years, 2 months ago

Centre's Excise Duty Cut on Petrol, Diesel to Cost Rs 45,000 Cr to Exchequer: Report

News 18  

The excise duty cuts on diesel and petrol will cost Rs 45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday. Going by the overall consumption, the costs of the surprise move which came after months of concerns over high payouts at filling stations for the entire fiscal will …

Petrol, diesel price cut across country as Centre cuts excise duty, states reduce VAT. Details
3 years, 2 months ago

Petrol, diesel price cut across country as Centre cuts excise duty, states reduce VAT. Details

India TV News  

After Centre cut excise duty followed by several states reducing VAT, petrol price on Thursday was cut in the range of Rs 5.7 to Rs 6.35 per litre across the country and diesel rates by Rs 11.16 to Rs 12.88 as oil companies passed on a record reduction in excise duty rates to consumers. In Delhi, the reduction in petrol …

With Centre Slashing Excise Duty on Petrol, Diesel, VAT to Get Cut Automatically, Says Rajasthan CM
3 years, 2 months ago

With Centre Slashing Excise Duty on Petrol, Diesel, VAT to Get Cut Automatically, Says Rajasthan CM

News 18  

With the Centre slashing excise duty on petrol and diesel, the value-added tax imposed by the state will get reduced automatically in a proportionate manner, Rajasthan Chief Minister Ashok Gehlot said on Thursday. He demanded a further reduction in the excise duty on petrol and diesel to give people relief from the rising inflation and asserted the Congress government in …

After centre cuts excise duty on fuel, NDA ruled states follow the suit, UP announces petrol-diesel price will come down by Rs 12
3 years, 2 months ago

After centre cuts excise duty on fuel, NDA ruled states follow the suit, UP announces petrol-diesel price will come down by Rs 12

Op India  

On November 3, after the centre announced cut in excise duty on petrol and diesel, the NDA-ruled states followed suit and reduced VAT on the fuel. Prices of diesel and petrol in UP will be reduced by Rs 12 per litre each: Chief Minister’s Office pic.twitter.com/yztoR9EVwF — ANI UP November 3, 2021 Before announcing the additional reduction in the price …

Petrol price cut by Rs 6.07, diesel by Rs 11.75 per litre in Delhi
3 years, 2 months ago

Petrol price cut by Rs 6.07, diesel by Rs 11.75 per litre in Delhi

India TV News  

Petrol price on Thursday was cut by Rs 6.07 per litre and diesel price by Rs 11.75 in Delhi as oil companies passed on a record reduction in excise duty rates to consumers. Buckling under pressure, the government had on Wednesday cut excise duty on petrol by Rs 5 per litre and that on diesel by Rs 10 a litre …

Uttar Pradesh slashes petrol, diesel prices by Rs 12
3 years, 2 months ago

Uttar Pradesh slashes petrol, diesel prices by Rs 12

India TV News  

With the central government slashing the excise duty on petrol and diesel, the Uttar Pradesh government too on Wednesday lowered the VAT on the two fuels making them cheaper by Rs 12 per litre in the state. Earlier in the day, the central government had announced a cut in the excise duty on petrol and diesel by Rs 5 and …

Cracking News: On eve of Diwali, Centre cuts excise duty on petrol by Rs 5, diesel Rs 10
3 years, 2 months ago

Cracking News: On eve of Diwali, Centre cuts excise duty on petrol by Rs 5, diesel Rs 10

Firstpost  

The release said that states have also been urged to reduce VAT on petrol and diesel to give relief to consumers In a relief to consumers on the eve of Diwali, the Central Government on Wednesday announced a reduction in excise duty on petrol and diesel by Rs 5 and 10 respectively. Govt of India has taken a significant decision …

Centre cuts excise duty on petrol by ₹5, diesel by ₹10
3 years, 2 months ago

Centre cuts excise duty on petrol by ₹5, diesel by ₹10

The Hindu  

The Government on Wednesday finally bit the bullet on runaway fuel prices and slashed excise duties on petrol and diesel by ₹5 and ₹10 per litre respectively, citing the need to help farmers for the rabi crop, ease inflation and give the economy a consumption boost. Goa Chief Minister Pramod Sawant said the prices of petrol and diesel would be …

Central govt slashes excise duty on petrol and diesel by Rs 5 and Rs 10
3 years, 2 months ago

Central govt slashes excise duty on petrol and diesel by Rs 5 and Rs 10

Op India  

Giving some relief to the common man on the eve of Diwali, the central govt had decided to reduce the excise duty on petrol and diesel, which will lead to a cut in the price of both fuels. The Government of India has announced that the excise duty on petrol will be reduced by Rs 5, and the excise duty …

Centre announces massive cuts on petrol, diesel excise duty on Diwali eve
3 years, 2 months ago

Centre announces massive cuts on petrol, diesel excise duty on Diwali eve

Hindustan Times  

In a move to provide a fillip to the economy, the Central government has taken a decision to make significant cuts in excise duty on petrol and diesel starting tomorrow. On the eve of Diwali, the government decided to reduce the central excise duty of ₹5 on petrol and ₹10 on diesel, according to people familiar with the matter. “Today’s …

Petrol price cut by Rs 5, diesel by Rs 10 as govt slashes excise duty
3 years, 2 months ago

Petrol price cut by Rs 5, diesel by Rs 10 as govt slashes excise duty

India Today  

On the eve of Diwali, the Government of India announced a reduction in the excise duty levied on petrol and diesel. The excise duty has been reduced by Rs 5 on petrol and Rs 10 on diesel, effective from Thursday. Read | Fuel that flies you is cheaper than oils that ply you According to a statement by the Centre, …

Govt's Excise Collections on Petrol, Diesel Jumps 88% to Rs 3.35 Lakh Crore in FY21
3 years, 5 months ago

Govt's Excise Collections on Petrol, Diesel Jumps 88% to Rs 3.35 Lakh Crore in FY21

News 18  

New Delhi: The union government’s tax collections on petrol and diesel jumped by 88 per cent to Rs 3.35 lakh crore in the year to March 31, after excise duty was raised to a record high, the Lok Sabha was informed on Monday. Excise duty on petrol was hiked from Rs 19.98 per litre to Rs 32.9 last year to …

Govt's excise collections on petrol, diesel jumps 88% to Rs 3.35 lakh crore
3 years, 5 months ago

Govt's excise collections on petrol, diesel jumps 88% to Rs 3.35 lakh crore

India Today  

The union government's tax collections on petrol and diesel jumped by 88 per cent to Rs 3.35 lakh crore in the year to March 31, after excise duty was raised to a record high, the Lok Sabha was informed on Monday. Excise duty on petrol was hiked from Rs 19.98 per litre to Rs 32.9 last year to recoup gains …

Excise duty helps fill Centre’s fiscal gap
3 years, 6 months ago

Excise duty helps fill Centre’s fiscal gap

Live Mint  

Excise duty, mostly from petrol and diesel, helped the government bridge a major gap in its revenue in FY21, even as receipts from goods and services tax revenue moderated from the year before, according to official data. The sharp rise in excise duty receipts also helped boost overall tax collections. Excise collections’ share in the Centre’s gross tax revenue grew …

Reserve Bank of India Has A Suggestion to Tackle Rising Petrol, Diesel Price
3 years, 7 months ago

Reserve Bank of India Has A Suggestion to Tackle Rising Petrol, Diesel Price

News 18  

Petrol and diesel prices in India continued to surge. To tackle the rising fuel prices in India, Reserve Bank of India on Friday suggested states and the Union government need to contain the taxes on petrol and diesel. “Excise duties, cess and taxes imposed by the Centre and states need to be adjusted in a coordinated manner to contain input …

Petrol, diesel prices hiked in Delhi | Check revised rate
3 years, 7 months ago

Petrol, diesel prices hiked in Delhi | Check revised rate

India TV News  

Petrol price on Sunday was increased by 24 paise per litre and diesel by 27 paise, pushing rates across the country to record highs and that of petrol in Mumbai to near Rs 99 a litre. The increase led to rates in Delhi climbing to Rs 92.58 per litre and diesel to Rs 83.22, according to a price notification of …

GST Council May Consider Inclusion of Petrol, Diesel At An 'Appropriate Time': Nirmala Sitharaman in Lok Sabha
3 years, 10 months ago

GST Council May Consider Inclusion of Petrol, Diesel At An 'Appropriate Time': Nirmala Sitharaman in Lok Sabha

News 18  

Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel and natural gas under the Goods and Services Tax. “At present, there is no proposal to bring crude petroleum, petrol, diesel, ATF and natural gas under GST,” Sitharaman said in a written reply to …

Tax collection on petrol, diesel up 459% in 7 years; LPG price doubled
3 years, 10 months ago

Tax collection on petrol, diesel up 459% in 7 years; LPG price doubled

India Today  

The tax collected on the retail price of petrol and diesel in India has increased by 459 per cent in seven years, according to oil minister Dharmendra Pradhan's written reply in Lok Sabha. Pradhan said the government currently levies Rs 32.90 per litre excise duty on petrol and Rs 31.80 per litre on diesel. In those 15 months, the excise …

LPG Price Doubled in 7 Yrs, Tax Collection on Petrol, Diesel Jumped 459%: Dharmendra Pradhan in LS
3 years, 10 months ago

LPG Price Doubled in 7 Yrs, Tax Collection on Petrol, Diesel Jumped 459%: Dharmendra Pradhan in LS

News 18  

Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the increase in taxes on petrol and diesel has swelled collections by over 459 per cent, Oil Minister Dharmendra Pradhan said on Monday. In written replies to a spate of questions on rising fuel prices in the Lok Sabha, Pradhan said …

In a First, Non-premium Petrol Breaches Rs 100-mark in Rajasthan
3 years, 10 months ago

In a First, Non-premium Petrol Breaches Rs 100-mark in Rajasthan

News 18  

Continuing its northbound trend in Rajasthan, the price of non-premium petrol crossed the Rs 100-mark for the first time in Sriganganagar district on Wednesday to reach Rs 100.13 per litre, while diesel price stood at Rs 92.12 a litre. Despite the recent reduction in VAT by 2 per cent by the state government, there has been no respite for the …

Rahul Gandhi slams Centre over fuel price hike, says Narendra Modi govt only 'busy collecting tax'
3 years, 11 months ago

Rahul Gandhi slams Centre over fuel price hike, says Narendra Modi govt only 'busy collecting tax'

Firstpost  

New Delhi: The Congress on Sunday slammed the Centre over fuel prices touching an “all-time high” and demanded that the excise duty hike affected by the Narendra Modi government during its tenure be immediately rolled back to give relief to the masses. Congress spokesperson Ajay Maken said in Delhi on Sunday the petrol prices have reached an all time high …

How much taxes you pay on petrol and diesel? Here is a break down
4 years ago

How much taxes you pay on petrol and diesel? Here is a break down

Live Mint  

The taxes levied by the central and state governments on petrol and diesel are again on the spotlight with domestic petrol prices hitting record highs. In Delhi, petrol prices today retailed at ₹84.70 a litre while diesel was retailing at ₹74.88 per litre, after an overnight hike of 25 paise. Based on the January 1 price of petrol in Delhi …

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