Petrol, Diesel Prices Today, March 24, 2021: Fuel prices reduced for first time in more than a year
This is also the first reduction in petrol and diesel rates in over a year. Prices were last reduced on March 16, 2020.
Mar 24, 2021, 17:53 PM IST
Govt's tax collection on petrol, diesel jumps 300% in 6 years
The central government collected Rs 29,279 crore from excise duty on petrol and Rs 42,881 crore on diesel in 2014-15 -- the first year of office of the Modi government.
Mar 22, 2021, 17:47 PM IST
No proposal to bring petrol, diesel, ATF, gas under GST: FM Nirmala Sitharaman
When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) - were kept out of its purview given the revenue dependence of the central and state governments on this sector.
Mar 16, 2021, 11:40 AM IST
After petrol, now edible oil puts kitchen budget on fire, increases upto 60% in a year
Crude palm oil has reached record highs. Soybean and Soya oil prices have also witnessed newer highs with prices increasing between 30% to 60% in a year, as a result of which edible oil has become so expensive.
Mar 09, 2021, 16:49 PM IST
Government policy targets of blending 20% ethanol in petrol by 2030
Several supply and demand side interventions have been initiated by the Government including enhancing scope of raw material for ethanol production and fixing remunerative prices of ethanol from different feedstocks being utilized for ethanol production.
Mar 09, 2021, 13:57 PM IST
Amid rising crude prices and inflation, Oil Minister says tax collection on petrol, diesel jumps 459%
In written replies to a spate of questions on rising fuel prices in the Lok Sabha, Pradhan said the retail selling price of domestic gas was Rs 410.5 per 14.2-kg cylinder on March 1, 2014. This month, the same cylinder costs Rs 819.
Mar 09, 2021, 09:05 AM IST
Petrol price may come down to Rs 75 if brought under GST, says SBI Economist
Petrol prices have touched Rs 100 per litre in some pockets of the country and concerns are being expressed about the high taxation which is making the fuels dearer. The SBI economists said bringing petrol and diesel under the goods and services tax is an unfinished agenda of the GST framework and getting the prices under the new indirect taxes framework can help.
Mar 04, 2021, 11:52 AM IST
Govt may reduce excise duty on petrol, diesel by Rs. 8.5 without hurting revenues
Petrol and diesel prices hover at a historic high following a relentless increase in rates over the past nine months. There have been calls by opposition parties as well as sections of society to the government to reduce excise duty to ease consumer pain.
Mar 03, 2021, 18:03 PM IST
Fuel price hike: RBI Governor calls for calibrated unwinding of high indirect taxes on petrol, diesel
The Reserve Bank`s Monetary Policy Committee members, in their recent meeting, expressed the need to continue with the accommodative stance to ensure that economic recovery gains greater traction and becomes broad-based.
The minutes of the MPC meet which took place February 3-5, revealed that all six members also noted lower consumer inflation brightened the outlook even as upside risks persist.
Feb 23, 2021, 10:44 AM IST
FM Sitharaman says bringing petrol, diesel under GST regime could help in lowering fuel prices
Sitharaman, who had increased central excise duty on petrol and diesel by a record margin last year to mop up gains arising from international oil prices plunging to two- decade low, remained non-committal on cutting taxes to give relief to consumers.
Feb 22, 2021, 11:58 AM IST
Petrol, diesel prices burning a hole in the pocket, here's why fuel prices are increasing so much
In the national capital, petrol saw an increase of 39 paise and is being sold at Rs 90.58 per litre while diesel prices were hiked by 37 paise and costs Rs 80.97 per litre on February 20 (Saturday), while rates were paused on Sunday .
Feb 22, 2021, 08:57 AM IST
Petrol Price Today, 18 February 2021: Fuel on fire, petrol price breaches Rs 100-mark in Rajasthan
Petrol in Delhi stand at Rs 89.88/litre, an increase of 34 paise and diesel prices stand at Rs 80.27/litre, an increase by 32 paise.
Here is looking at the price difference of diesel and petrol in four metro cities on February 18, 2021.
Feb 18, 2021, 11:13 AM IST
Consistent increase in prices of petrol diesel in the country
Petrol diesel prices are constantly increasing, which has a direct impact on your pocket, petrol is the most expensive in Rajasthan out of the whole country. In such a situation, the problem of the general public is increasing very much.
Feb 17, 2021, 20:00 PM IST
Turmeric prices break past 5-years record
The prices of petrol diesel are constantly increasing, whose direct connection is in your pocket, and it has started with turmeric. The price of turmeric has been steadily increasing for the last one and a half months and turmeric has broken the record of the last five years. Turmeric is cultivated in Telangana and Andhra Pradesh, but this time the yield of turmeric is low, which is increasing the prices of turmeric.
Feb 17, 2021, 19:10 PM IST
Amid skyrocketing prices, pump offers free fuel for children reciting Tirukkural couplets in Tamil Nadu
To avail of this free fuel, students between classes 1-12th must recite the famous couplets of the poet-saint Tiruvalluvar's Tirukkural. Those reciting 10 couplets will get half a liter and those reciting twenty will get a full liter in the tank.
Feb 16, 2021, 14:10 PM IST
Petrol, diesel to become cheaper by Rs 5 per litre in Assam
The finance minister presented the vote-on-account for an aggregate expenditure of Rs 60,784.03 crore for the first six months of the next fiscal. Gross State Domestic Product (GSDP) rose from Rs 2,02,080.85 crore to Rs 2,48,796.15 crore between 2016-17 and 2019-20 at constant prices.
Feb 12, 2021, 13:13 PM IST
Petrol Diesel Prices Today, February 5, 2021: Petrol just 5 paise away from crossing Rs 87 per litre in Delhi
Central government makes up for Rs 32.98 per litre of the price of petrol in Delhi and sales tax or VAT of the state government constitutes Rs 19.55.
For diesel, the central excise adds up to Rs 31.83 and VAT to Rs 10.99. Besides, the price also includes a dealer commission of a minimum Rs 2.6 per litre on petrol and Rs 2 on diesel.
Petrol, diesel prices hiked by 35 paise per litre after 7-day pause: Check fuel prices in metro cities on February 4, 2021
State-owned fuel retailers -- Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- had on January 6, resumed daily price revision after nearly a month-long hiatus. Since then, rates have gone up by Rs 2.34 a litre on petrol and Rs 2.36 in case of diesel.
Feb 04, 2021, 09:02 AM IST
Petrol, diesel prices unchanged for 7th day after hitting new record high: Check fuel prices in metro cities on February 3, 2021
State-owned fuel retailers -- Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- had on January 6, resumed daily price revision after nearly a month-long hiatus. Since then, rates have gone up by Rs 2.34 a litre on petrol and Rs 2.36 in case of diesel.
Feb 03, 2021, 09:59 AM IST
Budget 2021: Agri cess in, levies on auto fuels altered, excise duty reduced
Union Finance Minister Nirmala Sitharaman on Monday (February 1) announced that the levies on petrol and diesel have been altered. The announcement was made in the Union Budget 2021-22 and the alterations will be applicable from April 1, 2021.
Feb 01, 2021, 16:27 PM IST
