Data Point | Explaining India’s recent fuel tax cuts
2 years, 6 months ago

Data Point | Explaining India’s recent fuel tax cuts

The Hindu  

It’s a relief that the Union government has cut the fuel tax. A look at the developments that preceded the recent excise duty cuts: After weeks of incremental increases in fuel prices, Union Finance Minister Nirmala Sitharaman announced that the Union government is slashing fuel taxes. Her point was that the cut of Rs 8 per litre came from the Road and Infrastructure component of the Union government’s excise duty, which is not shareable with States. The graph below shows the Union government and State government’s tax share in Delhi’s retail prices over time. But the retail petrol price consists of the dealer commission, the State tax and the Union government’s excise duty over the base price of oil.

India Kerala Delhi Oil Data States Duty Union Prices Price Upa Centre Recent Sitharaman Point Petrol Excise Increased Retail Prices Excise Duty Data Point Fuel Tax Oil Bonds  data  explaining  prices  oil  recent  union  duty  fuel  tax  point  cuts  price  excise  increased  petrol  states  indias

History of this topic

Mint Quick Edit | Windfall tax is gone but other fuel taxes need reform
3 weeks ago

Mint Quick Edit | Windfall tax is gone but other fuel taxes need reform

Live Mint  

On Monday, India’s finance ministry did away with windfall tax on crude-oil products, petrol and diesel, ending a distortive imposition that had been put in place around mid-2022, soon after the Russia-Ukraine war sent oil prices soaring. This will relieve oil companies whose profit margins took a hit thanks to the Centre taking away a slice of their one-off profits …

Govt scraps windfall tax on domestic crude, petrol and diesel exports
Trending News
3 weeks ago

Govt scraps windfall tax on domestic crude, petrol and diesel exports

Hindustan Times  

NEW DELHI: The government on Monday withdrew windfall tax on domestically-produced crude oil and exports of petrol, diesel and aviation turbine fuel, relenting to the industry demand after international oil prices plunged. A technician opens a pressure gas valve inside the Oil and Natural Gas Corp group gathering station on the outskirts of the western Indian city of Ahmedabad The …

Windfall tax on crude petroleum slashed to zero by govt, effective from September 18
3 months, 1 week ago

Windfall tax on crude petroleum slashed to zero by govt, effective from September 18

India TV News  

In a move that may lead to lower fuel prices, the Indian government has reduced the windfall tax on domestically produced crude oil to zero, effective from September 18. OMCs may reduce fuel prices Petroleum Secretary Pankaj Jain had earlier hinted that oil marketing companies would consider reducing fuel prices if crude oil prices remained low for a prolonged period. …

India slashes windfall tax on domestic crude oil, removes export tax on diesel, aviation fuel
4 months, 3 weeks ago

India slashes windfall tax on domestic crude oil, removes export tax on diesel, aviation fuel

Firstpost  

Implemented in July 2022, the windfall tax aimed to curb private refiners’ preference for exporting fuel to capitalize on higher refining margins instead of domestic sales India has reduced the windfall tax on crude oil. Image used for representative purpose/Unsplash The central government has reduced the windfall tax on domestically produced crude oil to Rs 4,600 per tonne from the …

Congress hiked fuel prices as revenge for poll debacle: Karnataka LoP Ashoka
6 months, 1 week ago

Congress hiked fuel prices as revenge for poll debacle: Karnataka LoP Ashoka

New Indian Express  

BENGALURU: Hitting out at the state government for increasing petrol and diesel prices in Karnataka, Leader of Opposition in the Assembly R Ashoka claimed that the Congress-led dispensation is taking revenge on the people for defeating the party in the recent Lok Sabha polls. “During the previous BJP government, when fuel became costlier by just Re 1, the present CM …

Fuel prices hike in Karnataka: A look at petrol, diesel rates across the Indian states
6 months, 1 week ago

Fuel prices hike in Karnataka: A look at petrol, diesel rates across the Indian states

India TV News  

Amid the uproar over rising fuel prices in Karnataka, Chief Minister Siddaramaiah assured citizens that the government remains committed to keeping fuel prices reasonable. He emphasised that Karnataka's revised rates are still more affordable than those in neighboring states like Andhra Pradesh and Maharashtra. Even after this hike, our state's taxes on fuel remain lower than most South Indian states …

CM Siddaramaiah defends hike in petrol and diesel prices
6 months, 1 week 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 …

Karnataka Chief Minister defends fuel price hike: 'Will ensure funding for...'
6 months, 1 week ago

Karnataka Chief Minister defends fuel price hike: 'Will ensure funding for...'

India Today  

Karnataka Chief Minister Siddaramaiah on Sunday justified the petrol and diesel price hike in the state, highlighting the state's "reduced revenue", and said it would ensure funding for essential public services and development projects. Defending the decision, the Chief Minister said, “The Government of Karnataka has increased VAT on petrol to 29.84% and on diesel to 18.44%. We remain committed …

Petrol Becomes Costlier By Rs 3 Per Litre In Karnataka As State Govt Hikes Taxes
6 months, 1 week ago

Petrol Becomes Costlier By Rs 3 Per Litre In Karnataka As State Govt Hikes Taxes

ABP News  

Petrol prices in Karnataka surged by Rs 3 per litre after the state government increased tax on petrol and diesel. According to the Petroleum Dealers Association, petrol and diesel prices are likely to go up by Rs 3 and Rs 3.05 approximately in Karnataka pic.twitter.com/rJDinVT6SK — ANI June 15, 2024 As per the Akhila Karnataka Petroleum Dealers Association, the cost …

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check new rate, other details
6 months, 1 week ago

Karnataka hikes petrol and diesel prices by ₹3 per litre. Check new rate, other details

Live Mint  

Petrol and diesel prices are likely to go up by ₹3 and ₹3.05 approximately in Karnataka as the state government decided to increase taxes on June 15, according to the Petroleum Dealers Association {{^adFree}} {{/adFree}} According to the notification, the sales tax on petrol has been increased from 25.92 percent to 29.84 percent, while the tax on diesel has risen …

Karnataka: Petrol, diesel prices likely to go up as state govt revises sales tax; BJP reacts
6 months, 1 week ago

Karnataka: Petrol, diesel prices likely to go up as state govt revises sales tax; BJP reacts

India TV News  

The petrol and diesel prices are likely to go up in Karnataka as the Congress-led state government revised sales tax by 29.84 per cent and 18.44 per cent. In a notification issued by the Finance Department, the government has hiked sales tax on petrol by 3.92 percentage points, from 25.92 to 29.84 per cent. BJP reacts BJP spokesperson Shehzad Poonawalla …

India cuts windfall tax on petroleum crude to ₹5,700 per metric ton from today
7 months, 1 week ago

India cuts windfall tax on petroleum crude to ₹5,700 per metric ton from today

Live Mint  

India has cut the windfall tax on petroleum crude to ₹5,700 per metric ton from ₹8,400 with effect from May 16, Reuters reported. Windfall Tax Movements The tax is revised every two weeks, and was similarly cut on May 1, only for petroleum crude to ₹8,400 a metric ton from ₹9,600. In April 2024, the windfall tax on petroleum crude …

Lok Sabha polls | Palaniswami slams DMK, BJP on fuel prices, funds for disaster relief
8 months ago

Lok Sabha polls | Palaniswami slams DMK, BJP on fuel prices, funds for disaster relief

The Hindu  

AIADMK general secretary Edappadi K. Palaniswami on Wednesday, April 17, 2024 said the DMK’s promise of getting the prices of petrol and diesel reduced was not credible, as the ruling party, in the past three years, had not brought down Value Added Tax on diesel, contrary to its assurances during the 2021 Assembly election. In a statement issued on the …

Top news of the day: February 01, 2024
10 months, 3 weeks ago

Top news of the day: February 01, 2024

The Hindu  

No change to direct and indirect tax rates: Finance Minister in Budget Speech Finance Minister Nirmala Sitharamaman in her interim budget speech proposed to retain the same tax rates for both direct and indirect taxes, including import duties. Interim Budget 2024 | ASHA, anganwadi workers and helpers gets health cover under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana Health …

No Plans to Cut Petrol, Diesel Prices Ahead of Lok Sabha Polls: Hardeep Singh Puri
11 months, 2 weeks ago

No Plans to Cut Petrol, Diesel Prices Ahead of Lok Sabha Polls: Hardeep Singh Puri

Deccan Chronicle  

New Delhi: Ahead of Lok Sabha polls this year, the probability of a cut in prices of petrol and diesel has been ruled out by the government as Union petroleum minister Hardeep Singh Puri on Wednesday clarified that there’s no proposal to cut fuel prices, while the media reports are ‘speculative’. The statement by the oil minister comes amid several …

ONGC, Oil India poised for growth amid shifting oil dynamics
1 year ago

ONGC, Oil India poised for growth amid shifting oil dynamics

Live Mint  

Shares of Oil & Natural Gas Corp Ltd and Oil India Ltd have been on fire, significantly outperforming the Nifty50 index with gains of 38% and 73% respectively this calendar year. This tax, adjusted biweekly, stabilizes net oil realizations for companies like ONGC and Oil India, ensuring consistent earnings. JM Financial Securities Ltd notes that the windfall tax adjustments by …

FM slams Telangana govt for failing to cut fuel tax, curb inflation
1 year, 4 months ago

FM slams Telangana govt for failing to cut fuel tax, curb inflation

Deccan Chronicle  

HYDERABAD: Union finance minister Nirmala Sitharaman on Thursday slammed the Telangana state government, along with a few other state governments, for refusing to reduce taxes on fuels which, she said, was adding to inflationary pressures on essential and other commodities in the state. Speaking in the Lok Sabha on Thursday on the no-confidence motion moved by Opposition parties against the …

Windfall tax on crude oil returns amid price surge
1 year, 8 months ago

Windfall tax on crude oil returns amid price surge

Live Mint  

New Delhi: The Central Board of Indirect Taxes and Customs has re-introduced the windfall tax on crude oil a fortnight after bringing it down to zero. Since India follows trade parity pricing of crude oil and petrol, producers of crude oil and refineries that sell finished products realise global prices in the local market. So windfall tax on profits of …

Petrol and diesel prices on April 10. Check prices in your city
1 year, 8 months ago

Petrol and diesel prices on April 10. Check prices in your city

Hindustan Times  

The cost of petrol and diesel in India remained stagnant on Monday, continuing a ten-month trend of price stability. Prices were last revised in May 2022 after the Finance minister Nirmala Sitharaman announced to slash the excise duty on petrol and diesel by ₹8 per litre and ₹6 per litre, respectively. The government controls the fuel prices through excise duty, …

Congress asks the government why it can’t pass on the benefit of lower crude prices to consumer
1 year, 9 months ago

Congress asks the government why it can’t pass on the benefit of lower crude prices to consumer

The Hindu  

Attacking the government over prices of petrol and diesel, the Congress on Wednesday asked why the Narendra Modi government has not passed on the benefit of reduction in international crude oil prices to consumers. Addressing a press conference, Congress spokesperson Gourav Vallabh also asked besides the public sector refineries, which private refineries benefited from cheaper Russian crude oil and at …

DC Edit | Time to bring petroleum products under GST ambit
1 year, 10 months ago

DC Edit | Time to bring petroleum products under GST ambit

Deccan Chronicle  

Union finance minister Nirmala Sitharaman was speaking on behalf of most Indians on the biggest reform they would like to see implemented immediately when she spoke of the Central government, under Prime Minister Narendra Modi’s leadership, being willing to bring petroleum products, including petrol and diesel, under the ambit and framework of the Goods and Services Tax, if a consensus …

Kerala Budget will push people to further suffering: BJP
1 year, 10 months ago

Kerala Budget will push people to further suffering: BJP

The Hindu  

BJP State general secretary C. Krishnakumar said here on Friday that the State Budget would push the people into further suffering. Kerala has become the State to charge the highest price for petrol and diesel in the country,” said Mr. Krishnakumar. The government, the BJP leader said, is pushing the people to further depths of suffering by increasing taxes. Mr. …

Budget 2023: Why govt should consider tax relief despite limited fiscal room
1 year, 11 months ago

Budget 2023: Why govt should consider tax relief despite limited fiscal room

India Today  

An incremental tax relief in the upcoming Union Budget 2023 could help the central government provide consumption support to the Indian economy in FY24 and shield it from the worsening financial environment in the West. Recently, global economic experts, including International Monetary Fund Deputy Managing Director Gita Gopinath, noted that an inflation-driven price shock could disrupt the lives of people …

Diesel prices hiked in Himachal Pradesh by the new Congress government
1 year, 11 months ago

Diesel prices hiked in Himachal Pradesh by the new Congress government

Op India  

On Sunday, January 8, the Congress government in Himachal Pradesh increased the value-added tax on diesel from 6.40 per cent to 9.96 per cent per litre. Notification issued by the government of Himachal Pradesh Apparently, the newly-elected Congress government has forgotten its pre-poll promise that the Congress party, if voted to power, will not increase fuel prices in the state. …

Centre cuts windfall tax on domestic crude oil
2 years ago

Centre cuts windfall tax on domestic crude oil

Deccan Chronicle  

New Delhi: The Centre has cut the windfall profit tax on domestically produced crude oil. According to the revised prices, the windfall tax on crude oil produced by firms such as the state-owned Oil and Natural Gas Corporation has been reduced to Rs 1,700/tonne from the previous Rs 4,900/tonne. The new levy also includes Rs 1.5 per litre as road …

Petrol prices high in six non-BJP ruled States due to high VAT: Puri
2 years ago

Petrol prices high in six non-BJP ruled States due to high VAT: Puri

The Hindu  

Petroleum Minister Hardeep Singh Puri said on Thursday that petrol prices remained high in six non-BJP ruled States of West Bengal, Tamil Nadu, Andhra Pradesh, Telangana, Kerala and Jharkhand as the State governments had not reduced value-added tax. High crude prices Asserting that currently petrol prices in India were one of the lowest, Mr. Puri said oil marketing companies together …

Petrol Prices Above Rs 100 In Mumbai, Kolkata, Chennai; Check Today's Fuel Rates Here
2 years ago

Petrol Prices Above Rs 100 In Mumbai, Kolkata, Chennai; Check Today's Fuel Rates Here

News 18  

Fuel prices in the major cities of India remained unchanged for yet another day despite the ongoing fall in crude oil prices in the international market. In New Delhi, a litre of petrol costs Rs 96.72, whereas diesel is being sold at Rs 89.62 per litre. 96.72 per litre Diesel: Rs. 87.89 per litre Lucknow Petrol: Rs.Rs 96.57 per litre …

Govt cuts windfall profit tax on crude oil, hikes levy on export of diesel, ATF
2 years, 1 month ago

Govt cuts windfall profit tax on crude oil, hikes levy on export of diesel, ATF

Hindustan Times  

The government on Tuesday cut windfall tax on domestically produced crude oil while increasing the rate on export of diesel and jet fuel in line with rise in international oil prices. The tax on crude oil produced by firms such as state-owned Oil and Natural Gas Corporation, was cut to ₹9,500 per tonne from ₹11,000, beginning November 2, a government …

Centre increases windfall tax on crude oil output
2 years, 2 months ago

Centre increases windfall tax on crude oil output

Hindustan Times  

The government on Saturday raised the tax on windfall profits on locally produced crude oil by 37.5% to ₹11,000 per tonne and hiked the levy on diesel exports by 140% to ₹12 per litre, while reimposing it on exports of jet fuel at ₹3.50 per litre, as global oil prices surged this fortnight after the producers’ cartel – the Organisation …

Centre hikes tax on windfall profit on crude oil, export of diesel, jet fuel
2 years, 2 months ago

Centre hikes tax on windfall profit on crude oil, export of diesel, jet fuel

Hindustan Times  

The government on Saturday hiked windfall tax on domestically produced crude oil by more than a third while doubling the rate on export of diesel and re-introducing the levy on overseas shipment of jet fuel in line with rise in international oil prices. Centre hikes tax on windfall profit on crude oil, export of diesel, jet fuel The tax on …

Retail prices of petrol, diesel may not be cut due to volatile oil market
2 years, 3 months ago

Retail prices of petrol, diesel may not be cut due to volatile oil market

Hindustan Times  

International crude prices may be near a seven-month low but with oil markets still volatile, and state-owned oil refiners having to offset of losses amounting to almost ₹18,500 crore, there’s unlikely to be any change in retail prices of fuel, three people aware of the development said. But the government will review prices of crude oil and petroleum products such …

Nirmala Sitharaman links inflation, State fuel taxes
2 years, 3 months ago

Nirmala Sitharaman links inflation, State fuel taxes

The Hindu  

Emphasising that it was unfair to blame the Centre for some States’ higher price levels, Finance Minister Nirmala Sitharaman said on Thursday that States that have not cut fuel taxes are recording inflation rates higher than the national average and mooted a Centre-State co-operation mechanism to handle price rise matters. But the fact remains, and I find, coincidentally, and I …

Petrol, Diesel Price Today Announced: Check Fuel Rates in Delhi, Kolkata, Other Cities
2 years, 3 months ago

Petrol, Diesel Price Today Announced: Check Fuel Rates in Delhi, Kolkata, Other Cities

News 18  

The Indian oil marketing companies have left the rates of petrol and diesel unchanged for another day on September 5, Monday, as well. 8 per litre and the diesel price came down by Rs. 96.83 per litre in Shillong while diesel there is priced at Rs. 106.03 per litre and the diesel in the city costs Rs. Here you can …

Govt. hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
2 years, 3 months ago

Govt. hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

The Hindu  

The government has hiked the windfall profit tax on the export of diesel to ₹13.5 per litre and on jet fuel exports to ₹9 a litre, besides raising the levy on domestically-produced crude oil in line with the hardening of global prices. At the fourth fortnightly review, the government raised the windfall profit tax on the export of diesel to …

Petrol Diesel Price Today Announced: Check Fuel Rates in Delhi, Mumbai, Other Cities
2 years, 3 months ago

Petrol Diesel Price Today Announced: Check Fuel Rates in Delhi, Mumbai, Other Cities

News 18  

The petrol and diesel prices in India have been kept unchanged by the oil marketing companies on August 29 as well. The prices were last altered in the country on May 22 when Finance Minister Nirmala Sitharaman announced an excise duty cut in the petrol prices by Rs. 8 per litre whereas the diesel prices were reduced by Rs. 96.83 …

Uttar Pradesh had the highest share in Centre’s FY22 excise revenue
2 years, 4 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 …

Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%
2 years, 5 months ago

Centre slashes windfall tax on fuel: Reliance Industries shares climb over 4%, ONGC jumps 7%

Firstpost  

The government on Wednesday slashed the windfall tax on petrol, diesel, jet fuel and crude oil following a decline in international rates. It scrapped Rs 6 a litre tax on export of petrol and reduced the same on ATF from Rs 6 a litre to Rs 4 New Delhi: Shares of firms related to oil exploration and refineries were in …

Centre pares windfall tax on crude, scraps petrol exports levy
2 years, 5 months ago

Centre pares windfall tax on crude, scraps petrol exports levy

The Hindu  

With global oil prices ebbing, the Centre on Wednesday slashed the windfall tax levied on crude petroleum producers, reduced the export tax on Aviation Turbine Fuel and diesel and scrapped the duty on petrol exports. On July 1, the government had levied fresh taxes on the export of petrol, fuel and ATF as well as the domestic sale of crude …

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre
2 years, 5 months ago

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre

Hindustan Times  

Maharashtra chief minister Eknath Shinde on Thursday announced that the state government had decided to cut value added tax on petrol prices by ₹5 per litre and diesel by ₹3 per litre. Happy to announce that new Government under CM Eknathrao Shinde has decided to reduce Petrol & Diesel prices by ₹5/litre & ₹3/litre respectively,” Fadnavis later tweeted. “A decision …

Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study
2 years, 5 months ago

Transition from fossil fuels to renewable energy can pose fiscal challenges for India: study

The Hindu  

The global transition away from fossil fuels to renewable energy sources could trigger financial challenges for India and major developing countries such as Russia, Brazil and China because of their high dependence on revenues from fossil fuel, according to a study by the International Institute of Sustainable Development. The study finds that by 2050, overall fossil fuel revenues in Brazil, …

Petrol & diesel to get cheaper in Maharashtra: CM Eknath Shinde in Assembly
2 years, 5 months ago

Petrol & diesel to get cheaper in Maharashtra: CM Eknath Shinde in Assembly

Hindustan Times  

Hours after establishing a majority in the floor test, Maharashtra chief minister Eknath Shinde on Monday announced relief in petrol and diesel prices in the coming days. Maharashtra Chief Minister Eknath Shinde speaks during a special session of the State Legislative Assembly. “A decision to reduce VAT on fuel will be taken soon to provide relief to the people of …

Petrol, diesel to get cheaper in Maharashtra as CM Eknath Shinde announces tax cut
2 years, 5 months ago

Petrol, diesel to get cheaper in Maharashtra as CM Eknath Shinde announces tax cut

Firstpost  

Maharashtra will reduce the Value Added Tax on fuel, bringing down the prices in the state, said new chief minister Eknath Shinde in one of his first decisions after winning the trust vote The Maharashtra Government will reduce value-added tax on fuel soon, Chief Minister Eknath Shinde informed the state Assembly on Monday. — Eknath Shinde - एकनाथ शिंदे July …

Government will review new export taxes levied on crude, diesel and ATF every fortnight: Nirmala Sitharaman
2 years, 5 months ago

Government will review new export taxes levied on crude, diesel and ATF every fortnight: Nirmala Sitharaman

Firstpost  

Union Finance Minister Nirmala Sitharaman said that the government does not want to discourage export, but wants domestic availability to increase New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on crude, diesel and ATF based on international prices. “We do not want to discourage export, but want domestic …

Govt to review new taxes levied on crude, diesel, ATF every fortnight, says Nirmala Sitharaman
2 years, 5 months ago

Govt to review new taxes levied on crude, diesel, ATF every fortnight, says Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on crude, diesel and ATF based on international prices. "We do not want to discourage export, but want domestic availability to increase," Ms. Sitharaman told reporters in New Delhi. The government on Friday slapped an export tax on petrol, diesel and jet fuel …

Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel
2 years, 5 months ago

Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel

Firstpost  

New Delhi: The government on Friday slapped an export tax on petrol, diesel and jet fuel shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude oil produced locally by companies such as ONGC and Vedanta Ltd. The government imposed a Rs 6 per litre tax on export of petrol and ATF and Rs 13 …

Domestic Crude Oil Sector: What New Rules Say; Will They Impact Petrol, Diesel Prices?
2 years, 5 months ago

Domestic Crude Oil Sector: What New Rules Say; Will They Impact Petrol, Diesel Prices?

News 18  

As the government has deregulated the domestically produced crude oil, the producers will now have an option to sell their oil in the domestic market to whoever pays the highest price, including private players. Currently, there is a condition in the production sharing contracts for crude oil producers to sell the oil to the government or its nominee or government …

Petrol, Diesel Prices Drop Steeply After Centre Cuts Excise Duty; See Fuel Prices Today
2 years, 6 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 Become Cheaper Post Excise Duty Cut; Check City-wise Fuel Rates Today
2 years, 6 months ago

Petrol, Diesel Become Cheaper Post Excise Duty Cut; Check City-wise Fuel Rates Today

News 18  

Petrol, Diesel Prices on June 1: The prices of petrol and diesel were kept unchanged by the OMCs for the tenth day running on Wednesday. The sharp fall in prices was seen after, finance minister Nirmala Sitharaman had announced a cut in excise duty on petrol by 8 per litre, and 6 rupees per litre on diesel earlier this month. …

Petrol, Diesel Prices Drop in Delhi, Mumbai Post Excise Duty Cut; Check Rates In Your City Today
2 years, 6 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 …

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