Need further cut in petrol, diesel excise duty: Rajasthan CM Gehlot to PM Modi
3 years, 1 month ago

Need further cut in petrol, diesel excise duty: Rajasthan CM Gehlot to PM Modi

Hindustan Times  

Amid pressure from all corners to cut value-added tax on petrol and diesel, Rajasthan chief minister Ashok Gehlot on Tuesday urged Prime Minister Narendra Modi to slash central excise duty by a further ₹10 per litre on petrol and ₹15 per litre on diesel, saying that there was scope for the Centre to further bring down taxes on fuels. On Tuesday, he urged Prime Minister Narendra Modi to slash central excise duty by a further ₹ 10 per litre on petrol and ₹ 15 per litre on diesel. “We expect that the central government should reduce the excise duty by an additional ₹10 per litre on petrol and an additional ₹15 per litre on diesel. “As a result, there will be an additional loss of ₹3,500 crore per annum in the revenue of the state, which the state government is ready to bear in the public interest.” CM Gehlot said that from 2016, the basic excise duty levied on petrol and diesel by the central government has been reduced, which was shared by the states, but special and additional excise duty has been continuously going up - of which the states don’t get any share.

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History of this topic

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 …

Gehlot announces fuel surcharge waiver on power bills above 200 units
1 year, 4 months ago

Gehlot announces fuel surcharge waiver on power bills above 200 units

Hindustan Times  

Eyening the upcoming Assembly elections, Rajasthan chief minister Ashok Gehlot on Thursday announced a complete waiver of fuel surcharge for domestic and agricultural categories consuming more than 200 units of electricity. Now, consumers will not have to pay fuel surcharge even after consuming more than 200 units of electricity,” Gehlot announced. Their fixed charges, fuel surcharge and other charges for …

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 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 …

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 …

Maha, Kerala, Raj Reduce VAT on Petrol, Diesel After Centre Cuts Excise Duty
2 years, 7 months ago

Maha, Kerala, Raj Reduce VAT on Petrol, Diesel After Centre Cuts Excise Duty

News 18  

Maharashtra, Rajasthan and Kerala have decreased VAT on petrol and diesel after Finance Minister Nirmala Sitharaman’s call to provide further relief to consumers following a cut in excise duty by the Centre, though some other states appeared reluctant citing their inability to take more strain on revenue. State Finance Minister Palanivel Thiaga Rajan said the central government had never consulted …

TMC leader Saket Gokhale spreads misinformation on Excise rate cuts on petrol, diesel
2 years, 7 months ago

TMC leader Saket Gokhale spreads misinformation on Excise rate cuts on petrol, diesel

Op India  

On Sunday, Trinamool Congress leader Saket Gokhale took to Twitter to attack Finance Minister Nirmala Sitharaman on the cental government’s recent decision to reduce excise duty on petrol and diesel. According to Saket Gokhale, the states’ share 42 per cent of the fuel excise duty, and after yesterday’s cut, the states have to forego Rs.2.52/litre on petrol and Rs. However, …

Uttar Pradesh, other States should slash VAT on petrol, diesel: BSP chief Mayawati
2 years, 7 months ago

Uttar Pradesh, other States should slash VAT on petrol, diesel: BSP chief Mayawati

The Hindu  

With the Centre slashing the excise duty on petrol and diesel, Bahujan Samaj Party chief Mayawati on May 22 said it was the duty of not only Uttar Pradesh but also of other States to immediately announce a cut in VAT on fuel. Petrol price on May 22 was slashed by ₹8.69 a litre and that of diesel by ₹7.05 …

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 …

Excise Cut: Industry, traders urge states to follow suit and bring more relief to consumers
2 years, 7 months ago

Excise Cut: Industry, traders urge states to follow suit and bring more relief to consumers

India TV News  

Excise Cut: India Inc, traders and exporters have welcomed the Centre's move to slash excise duty on auto fuels and urged states to follow suit to provide more relief to consumers. Hailing the decision of reduction in central excise duty on petrol and diesel, reduction in import duty on raw material of steel and plastic and increase in export duty …

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 …

Always people first for us, tweets PM Modi after fuel rates cut, Congress calls it 'lollipop'
2 years, 7 months ago

Always people first for us, tweets PM Modi after fuel rates cut, Congress calls it 'lollipop'

India Today  

Centre on Saturday, May 21 decided to slash excise duty on petrol and diesel offering some releif amid inflation. Today’s decisions, especially the one relating to a significant drop in petrol and diesel prices will positively impact various sectors, provide relief to our citizens and further ‘Ease of Living.’ https://t.co/n0y5kiiJOh — Narendra Modi May 21, 2022 "It is always people …

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 …

Modi asks states to cut VAT on fuel ‘in national interest’
2 years, 7 months ago

Modi asks states to cut VAT on fuel ‘in national interest’

Live Mint  

Prime minister Narendra Modi on Wednesday urged state governments to lower value added tax on petrol and diesel. The prime minister said Gujarat and Karnataka lost over ₹4,000 crore and ₹5,000 crore, respectively since November on account of lowering of taxes. Last November, after the Centre’s decision to lower excise duty on petrol and diesel by ₹5 and ₹10 per …

High taxes on petrol, diesel: Now, Puri calls Rahul Gandhi 'jeb katra'
3 years, 1 month ago

High taxes on petrol, diesel: Now, Puri calls Rahul Gandhi 'jeb katra'

India TV News  

Oil Minister Hardeep Singh Puri on Wednesday responded to Congress leader Rahul Gandhi's 'pickpocket' barb at the government over the levy of high taxes on petrol and diesel, and described him as a "jeb katra" who would not understand what capital expenditure is. Gandhi tweeted "jebkatro se savdhan" before the government's November 3 announcement of a Rs 5 per litre …

Will have to reduce VAT on petrol, diesel, concedes Rajasthan’s Ashok Gehlot
3 years, 1 month ago

Will have to reduce VAT on petrol, diesel, concedes Rajasthan’s Ashok Gehlot

Hindustan Times  

JAIPUR: Rajasthan chief minister Ashok Gehlot, who has been fronting the Congress counterattack on the Bharatiya Janata Party-led government at the Centre to push for a larger cut in central excise duty, on Tuesday adopted a change in strategy acknowledging that the state government would have to give in to pressure to reduce value added tax on petrol and diesel. …

Rajasthan government will reduce VAT on fuel, says Ashok Gehlot
3 years, 1 month ago

Rajasthan government will reduce VAT on fuel, says Ashok Gehlot

Firstpost  

The Centre on 3 November slashed excise duty on petrol by Rs 5 per litre and on diesel by Rs 10 a litre to give reprieve to consumers battered by record-high retail fuel prices Jaipur: Rajasthan Chief Minister Ashok Gehlot on Tuesday said his government will reduce VAT on fuel like other states, hours after he urged the Centre to …

10 non-BJP states yet to cut VAT on petrol, diesel. Here’s what they say
3 years, 1 month ago

10 non-BJP states yet to cut VAT on petrol, diesel. Here’s what they say

Hindustan Times  

After the Centre last week slashed excise duty on petrol and diesel by ₹5 and ₹10, respectively, all Bharatiya Janata Party -ruled states also cut value-added tax on fuels. Asked about the need to cut VAT in other Congress-ruled states, party spokesperson Pawan Khera said it’s being considered. BJP spokesperson Gopal Krishna Agarwal reiterated the party’s position, saying that BJP-ruled …

Rajasthan BJP demands reduction in VAT on petrol, diesel
3 years, 1 month ago

Rajasthan BJP demands reduction in VAT on petrol, diesel

Hindustan Times  

Chief minister Ashok Gehlot-led Congress government in Rajasthan is facing pressure from all corners to reduce value-added tax from petrol and diesel. The state government has been suggesting the Centre reduces excise duty on fuel due to which the VAT collection of the states will automatically reduce. Amid a demand to reduce VAT, chief minister Ashok Gehlot has suggested the …

Fuel price: 22 states reduce VAT on petrol, diesel. Check revised rates
3 years, 1 month 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 …

Kerala refuses to reduce VAT on petrol and diesel, says there is no need
3 years, 1 month ago

Kerala refuses to reduce VAT on petrol and diesel, says there is no need

Op India  

Pinarayi Vijayan led left Democratic Front government in Kerala has refused to reduce tax on petrol and diesel on the line of Centre and many NDA ruled states reducing taxes to give relief to people from the runaway prices. NDA ruled states join price cut move After the centre cut the excise duty and urged the states to do 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, 1 month 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, 1 month 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, 1 month 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, 1 month 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, 1 month 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, 1 month 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 …

Rajnath Singh welcomes decision to cut excise duty on petrol, diesel
3 years, 1 month ago

Rajnath Singh welcomes decision to cut excise duty on petrol, diesel

India TV News  

Welcoming Centre's decision to reduce excise duty on petrol and diesel, Defence Minister Rajnath Singh on Wednesday thanked Prime Minister Narendra Modi for it and said that it will have a positive impact on the economy of India. Taking to Twitter, the Defence Minister said, "On the eve of Diwali, the Central Government, under the leadership of Prime Minister Narendra …

Uttar Pradesh slashes petrol, diesel prices by Rs 12
3 years, 1 month 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 …

Petrol, diesel cheaper on Diwali as multiple states cut VAT on fuel. Full list
3 years, 1 month ago

Petrol, diesel cheaper on Diwali as multiple states cut VAT on fuel. Full list

Hindustan Times  

Facing months of intense pressure over rising fuel prices in the country, the central government on Wednesday cut excise duty on petrol and diesel by record amounts of ₹5 and ₹10, respectively, per litre, to bring down their rates from the highest-ever levels. Taking it forward, the Haryana government has also reduced the VAT on fuel prices; now both petrol …

BJP Lauds Modi Govt's Cut in Petrol, Diesel Prices
3 years, 1 month ago

BJP Lauds Modi Govt's Cut in Petrol, Diesel Prices

News 18  

The BJP on Wednesday hailed the central government's decision to reduce petrol and diesel prices as Prime Minister Narendra Modi's Diwali gift. "I thank @narendramodi Ji's Gov for reducing Excise Duty on Petrol & Diesel on the eve of Diwali by Rs 5 and Rs 10 respectively from tomorrow. The reduction in excise duty on Petrol & Diesel will also …

Cracking News: On eve of Diwali, Centre cuts excise duty on petrol by Rs 5, diesel Rs 10
3 years, 1 month 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, 1 month 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, 1 month 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, 1 month 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 …

Reduce taxes, give relief to common man: Gehlot to Centre on fuel price hike
3 years, 2 months ago

Reduce taxes, give relief to common man: Gehlot to Centre on fuel price hike

Hindustan Times  

Rajasthan Chief Minister Ashok Gehlot Wednesday demanded the Centre reduce various types of taxes on fuel to give relief to common people from rising prices. "The centre should take immediate steps and give relief to the common man by reducing various excise duties," he said. Gehlot said the Centre has imposed various types of excise duties on petrol and diesel …

GST Council May Consider Inclusion of Petrol, Diesel At An 'Appropriate Time': Nirmala Sitharaman in Lok Sabha
3 years, 9 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 …

No proposal to reduce tax on petrol, diesel: UP government
3 years, 10 months ago

No proposal to reduce tax on petrol, diesel: UP government

India TV News  

There is no proposal to reduce tax on petrol and diesel as revenue is needed to ensure betterment of health services and other development works due to the COVID-19 pandemic, the Uttar Pradesh government said on Thursday. Replying to Samajwadi Party member Narendra Verma during the question hour in the state Assembly, Cabinet Minister Satish Mahana said, "There is no …

Rajasthan Govt Announces 2% Cut in VAT on Petrol, Diesel
3 years, 10 months ago

Rajasthan Govt Announces 2% Cut in VAT on Petrol, Diesel

News 18  

Jaipur: The Rajasthan government has reduced value-added tax rate by two per cent on petrol and diesel, giving people the much needed respite from rising fuel prices. Chief Minister Ashok Gehlot said that despite the price of crude oil being at the lowest level for a long time at the international market, inflation is rising as prices of petrol and …

Rajasthan reduces 2% VAT on fuel after premium petrol price crossed ₹100-mark
3 years, 10 months ago

Rajasthan reduces 2% VAT on fuel after premium petrol price crossed ₹100-mark

Hindustan Times  

The Congress government in Rajasthan, led by chief minister Ashok Gehlot, has decided to reduce the rate of value added tax on petrol and diesel by 2% after the price of premium petrol crossed ₹100/litre-mark on Wednesday. He said that the Central government was currently charging an excise duty of ₹32.98 per litre on petrol and ₹31.83 per litre on …

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 …

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