Kerala refuses to reduce VAT on petrol and diesel, says there is no need
3 years, 4 months 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 same, several states have reduced VAT on petrol and diesel. The Chief Minister of Karnataka Basavaraj S Bommai, Chief Minister of Assam Himanta Biswa Sarma, Biplab Kumar Deb of Tripura, Pramod Sawant of Goa, Bhupendra Bhagel of Gujarat, Prem Singh Tamang of Sikkim and N Biren Singh of Manipur have announced a reduction of VAT by Rs 7 per litre on petrol diesel. NDA-ruled Haryana government, too, reduced VAT making petrol and diesel cheaper by Rs 12 per litre, whereas Madhya Pradesh also announced a reduction of 4 percent VAT on petrol and diesel.

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History of this topic

Kerala bus operators express dissatisfaction with 10% road tax cut
1 month, 3 weeks ago

Kerala bus operators express dissatisfaction with 10% road tax cut

New Indian Express  

THIRUVANANTHAPURAM: The 10% reduction in road tax announced in the recent state budget has evoked lukewarm response from stage carriage operators. According to them, the 10% reduction equated to a Rs 12,000 decrease in annual road tax – roughly Rs 30 a day – for a 48-seater stage carriage bus. While acknowledging the tax cut, the Kerala State Bus Operators …

Maharashtra govt reduces VAT on petrol, diesel in Mumbai region. Check new prices
9 months ago

Maharashtra govt reduces VAT on petrol, diesel in Mumbai region. Check new prices

Hindustan Times  

The Maharashtra government on Friday announced its decision to reduce Value Added Tax on diesel and Petrol for the Mumbai region. Deputy chief minister Ajit Pawar, while tabling the state Budget for 2024-25, said the government is reducing 24% to 21% of VAT on diesel for Mumbai, Navi Mumbai and Thane region. “Tax on diesel is being decreased from 24% …

Fuel prices hike in Karnataka: A look at petrol, diesel rates across the Indian states
9 months, 2 weeks 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
9 months, 2 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 …

Karnataka Chief Minister defends fuel price hike: 'Will ensure funding for...'
9 months, 2 weeks 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 and diesel prices reduced by ₹2 per litre ahead of Lok Sabha elections
1 year ago

Petrol and diesel prices reduced by ₹2 per litre ahead of Lok Sabha elections

Hindustan Times  

Petrol and diesel prices are being reduced by ₹2 per litre, Union petroleum minister Hardeep Singh Puri announced on Thursday. “By slashing petrol and diesel prices by ₹2, prime minister Narendra Modi has once again shown that providing welfare and convenience to his family of crores of Indians, has always been his goal,” Puri wrote in a post on X. …

Kerala Budget will push people to further suffering: BJP
2 years, 1 month 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. …

Six non-BJP ruled states yet to reduce VAT on petrol: Hardeep Singh Puri
2 years, 3 months ago

Six non-BJP ruled states yet to reduce VAT on petrol: Hardeep Singh Puri

Op India  

On Thursday, December 15, Petroleum Minister Hardeep Puri said in the Lok Sabha that six non-BJP-ruled states have not reduced the Value Added Tax on petroleum products. pic.twitter.com/eDmfblizuZ — Hardeep Singh Puri December 15, 2022 Puri also asserted that petrol prices in India are lowest in comparison to several other countries despite the upheavals in the international markets. He stated …

Centre cuts windfall tax on domestic crude oil
2 years, 3 months 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, 3 months 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, 3 months 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 …

Petrol, Diesel Price Today Announced: Check Fuel Rates in Delhi, Kolkata, Other Cities
2 years, 6 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 …

Petrol, diesel price relief
2 years, 8 months ago

Petrol, diesel price relief

Hindustan Times  

One litre of petrol was available at ₹106.31 while a litre of diesel was priced at ₹94.27 a litre, on Friday, the day after the Maharashtra government reduced Value Added Tax on petrol and diesel. Prices of petrol and diesel per litre have reduced by ₹ 5.04 and ₹ 3.01 in Mumbai. Maharashtra chief minister Eknath Shinde on Thursday announced …

Eknath Shinde's Maharashtra government cuts petrol price by Rs 5 per litre, slashes diesel rate by Rs 3; know new rates
2 years, 8 months ago

Eknath Shinde's Maharashtra government cuts petrol price by Rs 5 per litre, slashes diesel rate by Rs 3; know new rates

Firstpost  

Maharashtra chief minister Eknath Shinde said that the decision to reduce petrol and diesel prices would entail a burden of Rs 6,000 crore on the state exchequer Mumbai: The Eknath Shinde-led Maharashtra government Thursday reduced petrol price by Rs 5 per litre and diesel by Rs 3 per litre across the state. “Maharashtra government will reduce value added tax on …

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre
2 years, 8 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 …

Petrol & diesel to get cheaper in Maharashtra: CM Eknath Shinde in Assembly
2 years, 8 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, 8 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 …

Maharashtra govt to reduce VAT on fuel soon, says CM Eknath Shinde
2 years, 8 months ago

Maharashtra govt to reduce VAT on fuel soon, says CM Eknath Shinde

India TV News  

Highlights Petrol to get cheaper in Maharashtra after CM Eknath Shinde announces state will reduce VAT on fuel A decision to reduce VAT on fuel will be taken in the state cabinet soon, he said When Central govt comes with any state govt, speed of development increases multifold, Shinde said The Maharashtra government led by the Shiv Sena and BJP …

Petrol, Diesel Become Cheaper After Centre Slashes Excise Duty; Check Fuel Prices Today
2 years, 9 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, 9 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, 9 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, 10 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. …

Tamil Nadu: BJP President holds rally in Chennai demanding DMK to reduce VAT on petrol, diesel
2 years, 10 months ago

Tamil Nadu: BJP President holds rally in Chennai demanding DMK to reduce VAT on petrol, diesel

India Today  

Tamil Nadu BJP president Annamalai held a rally in Chennai on Tuesday demanding the DMK government to honour its 2021 poll promise by effecting a cut in the prices of petrol by an additional Rs 5 per litre and Rs 4 per litre for diesel and Rs 200 as a subsidy of LPG immediately. Annamalai told India Today, ‘’We are …

Data Point | Explaining India’s recent fuel tax cuts
2 years, 10 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 …

Petrol, Diesel Prices Drop in Delhi, Mumbai Post Excise Duty Cut; Check Rates In Your City Today
2 years, 10 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 in Delhi, Mumbai, Other Cities; Check Latest Fuel Rates Today
2 years, 10 months ago

Petrol, Diesel Prices Drop in Delhi, Mumbai, Other Cities; Check Latest Fuel Rates Today

News 18  

Petrol, Diesel Prices on Thursday: Prices of petrol and diesel has remained unchanged across the country on Thursday, May 26. Following the government’s decision petrol price was cut by Rs 8.69 per litre while diesel was reduced by Rs 7.05 in the national capital on Sunday. Following the central government’s announcement on excise duty cut, the Kerala government announced a …

Fuel Prices Drop After Excise Duty Cut; Check Petrol, Diesel Price in Your City Today
2 years, 10 months ago

Fuel Prices Drop After Excise Duty Cut; Check Petrol, Diesel Price in Your City Today

News 18  

Petrol, Diesel Prices on Wednesday: Third day in a row the prices of petrol, and diesel were kept unchanged on Wednesday after the 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. Following the central govwenment’s announcement on excise duty cut, the Kerala government …

Petrol, Diesel Prices Drop After Excise Duty Cut: Know How Much Tax You Pay On Fuel Now
2 years, 10 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 Become Cheaper after Centre's Excise Duty Cut; Check Fuel Rates Today
2 years, 10 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 …

Telangana BJP criticises state govt over VAT on fuel, pours liquor on CM KCR's poster
2 years, 10 months ago

Telangana BJP criticises state govt over VAT on fuel, pours liquor on CM KCR's poster

India Today  

Hailing Prime Minister Narendra Modi-led Centre's decision to reduce excise duty on fuel, the Bhartiya Janata Party leaders in Telangana's Achampet poured milk on PM's poster on Sunday. Telangana has the second-highest VAT on petrol in the country.BJP state president Bandi Sanjay Kumar also thanked PM Modi and Union Finance Minister Nirmala Sitaraman for taking a courageous decision to reduce …

Petrol, Diesel Price Today: Fuel Prices Drop Sharply Post Excise Duty Cut; Know Rates
2 years, 10 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 …

BJP, TRS square off again on diesel, petrol prices
2 years, 10 months ago

BJP, TRS square off again on diesel, petrol prices

Deccan Chronicle  

HYDERABAD: The move to reduce Central excise on petrol and diesel by the BJP-ruled Central government has sparked a fresh battle over the prices of these two fuels in Telangana between the state Bharatiya Janata Party unit and the ruling Telangana Rashtra Samiti. The BJP, on Sunday, led by its state president Bandi Sanjay Kumar and Union minister G. Kishan …

Many States reluctant to cut fuel tax
2 years, 10 months ago

Many States reluctant to cut fuel tax

The Hindu  

The Maharashtra government pared its value added tax levies on petrol and diesel by ₹2.08 and ₹1.44 per litre respectively on Sunday, a day after criticising the Centre for offering minimal tax cuts after drastic hikes over its tenure, a sentiment echoed by most Opposition-ruled States. After announcing the excise duty cuts on petrol and diesel of ₹8 and ₹6 …

Maha, Kerala, Raj Reduce VAT on Petrol, Diesel After Centre Cuts Excise Duty
2 years, 10 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 …

Fuel price cut: Nirmala Sitharaman rebuts Opposition flak, says move does not impact states' tax share
2 years, 10 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 …

Not fair or reasonable to expect States to reduce taxes on fuel, says T.N. Finance Minister
2 years, 10 months ago

Not fair or reasonable to expect States to reduce taxes on fuel, says T.N. Finance Minister

The Hindu  

Tamil Nadu is unlikely to further reduce taxes on fuel. Indicating this, State Finance Minister Palanivel Thiaga Rajan on Sunday pointed out the reduction in excise duty on petrol and diesel announced by Finance Minister Nirmala Sitharaman on Saturday would result in an additional loss of around ₹800 crore in annual revenue for Tamil Nadu. Therefore, he argued, it was …

Uttar Pradesh, other States should slash VAT on petrol, diesel: BSP chief Mayawati
2 years, 10 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 price down by ₹8.69, diesel by ₹7.05
2 years, 10 months ago

Petrol price down by ₹8.69, diesel by ₹7.05

The Hindu  

Petrol price on Sunday was slashed by ₹8.69 a litre and that of diesel by ₹7.05 per litre following the government's decision to cut excise duty on auto fuels, giving relief to consumers battered by high fuel prices that had pushed inflation to a record high. The government had on Saturday announced a record ₹8 per litre cut in excise …

Petrol, Diesel Prices: Rajasthan, Odisha, Kerala Cut VAT on Fuel; Check Latest Rates
2 years, 10 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 …

Congress accuses Nirmala Sitharaman of 'befooling' people, says people need relief instead of 'jugglery of figures'
2 years, 10 months ago

Congress accuses Nirmala Sitharaman of 'befooling' people, says people need relief instead of 'jugglery of figures'

Firstpost  

The opposition party demanded that the finance minister show courage and roll back excise on petrol and diesel to the level it was under the UPA in May 2014 New Delhi: The Congress on 21 May accused Finance Minister Nirmala Sitharaman of “befooling’’ people after she announced an excise duty cut on petrol and diesel and said people needed relief …

Petrol, Diesel Prices Today: Fuel Rates Slashed After Centre's Excise Duty Cut; Know Latest Cost
2 years, 10 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, …

'Devil and deep sea': Chidambaram questions excise duty cut, asks if states can afford to lose VAT
2 years, 10 months ago

'Devil and deep sea': Chidambaram questions excise duty cut, asks if states can afford to lose VAT

India TV News  

Highlights P Chidambaram questioned the cut on excise duty announced by the Centre on Saturday. Yesterday, the Centre announced Rs 8 per litre cut in excise duty on petrol and Rs 6 cut on diesel. A day after Finance Minister Nirmala Sitharaman announced a cut on excise duty on fuel prices, former Finance Minister P Chidambaram questioned the move and …

Excise Cut: Industry, traders urge states to follow suit and bring more relief to consumers
2 years, 10 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, 10 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 …

Petrol, diesel and gas cylinder prices reduce; center cuts excise duty
2 years, 10 months ago

Petrol, diesel and gas cylinder prices reduce; center cuts excise duty

Op India  

Finance Minister Nirmala Sitharaman announced on Saturday 21st May 2022 that the central government has decided to reduce the central excise duty on petrol and diesel. Sharing the information, Finance Minister Nirmala Sitharaman tweeted, “We are reducing the Central excise duty on Petrol by ₹ 8 per litre and on Diesel by ₹ 6 per litre. It will have a …

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, 10 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 …

BJP holds massive protest outside Kejriwal's residence, demands reduction of fuel tax
2 years, 11 months ago

BJP holds massive protest outside Kejriwal's residence, demands reduction of fuel tax

India Today  

Amid rising fuel prices, the Delhi unit of the BJP on Saturday staged a massive protest outside the residence of Chief Minister Arvind Kejriwal, demanding that VAT be reduced on fuel. Earlier, Prime Minister Narendra Modi, in his first reaction to rising fuel prices, had said some states had not reduced fuel taxes. He said, "States like Tamil Nadu, West …

Fuelling friction: On PM Modi’s comments on fuel price
2 years, 11 months ago

Fuelling friction: On PM Modi’s comments on fuel price

The Hindu  

At a meeting with Chief Ministers about the resurgence of COVID-19 on Wednesday, Prime Minister Narendra Modi charged Opposition-ruled States with committing an injustice to the people by not cutting duties on petroleum products as the Centre had done in November 2021. The PM noted that the Centre’s plea at the time, for States to back these cuts by paring …

VAT on petrol, diesel in Uttar Pradesh one of the lowest in India
2 years, 11 months ago

VAT on petrol, diesel in Uttar Pradesh one of the lowest in India

Hindustan Times  

The rates of the Value Added Tax on petrol and diesel in Uttar Pradesh are one of the lowest in the country, but the revenue that the state earns annually from petroleum products is the highest after Maharashtra, the data available on the website of ministry of petroleum and natural gas indicates. In Madhya Pradesh, another neighbouring state, VAT was …

Kamal Nath asks Madhya Pradesh government to reduce VAT on petrol and diesel
2 years, 11 months ago

Kamal Nath asks Madhya Pradesh government to reduce VAT on petrol and diesel

The Hindu  

Senior Congress leader Kamal Nath on April 28 said the BJP government in Madhya Pradesh should pay heed to what the Centre says and cut VAT on fuel to provide relief to the people of the State. Mr. Modi raised the issue of many States not adhering to the Centre's call for reducing VAT on petrol and diesel after his …

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