Fuel Price Cuts
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Jet Fuel Price Cut 6.5%, Commercial Cooking Gas By Rs 69 Per Cylinder
Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.
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Bengal Facing Rs 1,141 Crore Loss Due To Fuel Price Cut: Mamata Banerjee
Claiming that West Bengal is staring at a total revenue loss of Rs 1,141 crore due to reduction of duties on petrol and diesel, Mamata Banerjee on Monday attacked the Centre for allegedly favouring BJP-ruled states in giving them their dues.
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These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.
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Maharashtra Cuts VAT On Petrol, Diesel Post Centre's Excise Duty Reduction
Just a day after central government announced reduction in excise duty on petrol and diesel, Maharashtra government has gone on to reduce VAT on petrol by Rs. 2.08 and on diesel by Rs. 1.44.
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On Fuel Price Cuts, Tamil Nadu Minister Says, "Centre Never Consulted..."
The Tamil Nadu government said the tax cut on fuel by the centre is not reasonable to expect states to cut taxes on fuel. Tamil Nadu Finance Minister Palanivel Thiaga Rajan said they are already facing a loss of Rs 1,000 crore due to earlier cuts.
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"I Stand Corrected": Congress's P Chidambaram On Fuel Price Cut
Fuel Prices Cut: Senior Congress leader P Chidambaram today said whether the states can afford to give up revenue from VAT on petrol and diesel unless the Centre devolves more funds or gives them more grants.
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Imran Khan's New Praise For India's Foreign Policy After Fuel Prices Cut
Lauding India for not buckling under the "US pressure" and buying discounted oil from Russia, former Pakistan Prime Minister Imran Khan has said that his government was also working on the same thing with the help of an independent foreign policy
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"Jugglery Of Figures": Congress Attack On Fuel Prices Cut
The Congress on Saturday accused Finance Minister Nirmala Sitharaman of "befooling'' people after she announced an excise duty cut on petrol and diesel and said people needed relief instead of jugglery of figures.
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"In 60 Days...": As Centre Cuts Fuel Prices, Congress Does The Math
The Finance Minister, while announcing the big move, had also exhorted states to implement a similar cut and pass on the benefit to the common man.
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Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6
In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.
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India's Top Fuel Retailer To Up Petrol, Diesel Prices Again From Wednesday
From Wednesday, a litre of petrol in Delhi will cost 97.01 rupees ($1.28), while diesel prices will be raised to 88.27 rupees, a notification sent to dealers show.
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Petrol Price In Delhi To Go Down By Rs. 8 Per Litre Due To VAT Reduction
The Delhi government has reduced the value-added tax (VAT) on petrol to 19.40 per cent from the earlier 30 per cent, effectively bringing the price down by Rs. 8 per litre. The revised prices will come into effect in Delhi from midnight today.
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Rajasthan Chief Minister Asks Centre To Further Lower Excise On Petrol, Diesel
Rajasthan Chief Minister Ashok Gehlot on Saturday said the Union government should further reduce the excise duty on petrol and diesel.
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Centre Must Release GST Dues For States To Reduce VAT On Fuel: Sharad Pawar
Nationalist Congress Party chief Sharad Pawar today demanded the release of GST compensation to the states for them to reduce value-added tax (VAT) on fuel. His remarks come days after the Centre reduced the excise duty on petrol and diesel.
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"Poll Strategy": Sena MP On Fuel Price Cut By Centre, BJP-Ruled States
Shiv Sena MP Arvind Sawant on Friday slammed the Centre and various BJP-ruled state governments over reducing taxes on fuel prices, terming it as an election strategy and pointed out that people of the country were aware of such "jumlas".
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Jet Fuel Price Cut 6.5%, Commercial Cooking Gas By Rs 69 Per Cylinder
Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.
-
Bengal Facing Rs 1,141 Crore Loss Due To Fuel Price Cut: Mamata Banerjee
Claiming that West Bengal is staring at a total revenue loss of Rs 1,141 crore due to reduction of duties on petrol and diesel, Mamata Banerjee on Monday attacked the Centre for allegedly favouring BJP-ruled states in giving them their dues.
-
These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.
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Maharashtra Cuts VAT On Petrol, Diesel Post Centre's Excise Duty Reduction
Just a day after central government announced reduction in excise duty on petrol and diesel, Maharashtra government has gone on to reduce VAT on petrol by Rs. 2.08 and on diesel by Rs. 1.44.
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On Fuel Price Cuts, Tamil Nadu Minister Says, "Centre Never Consulted..."
The Tamil Nadu government said the tax cut on fuel by the centre is not reasonable to expect states to cut taxes on fuel. Tamil Nadu Finance Minister Palanivel Thiaga Rajan said they are already facing a loss of Rs 1,000 crore due to earlier cuts.
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"I Stand Corrected": Congress's P Chidambaram On Fuel Price Cut
Fuel Prices Cut: Senior Congress leader P Chidambaram today said whether the states can afford to give up revenue from VAT on petrol and diesel unless the Centre devolves more funds or gives them more grants.
-
Imran Khan's New Praise For India's Foreign Policy After Fuel Prices Cut
Lauding India for not buckling under the "US pressure" and buying discounted oil from Russia, former Pakistan Prime Minister Imran Khan has said that his government was also working on the same thing with the help of an independent foreign policy
-
"Jugglery Of Figures": Congress Attack On Fuel Prices Cut
The Congress on Saturday accused Finance Minister Nirmala Sitharaman of "befooling'' people after she announced an excise duty cut on petrol and diesel and said people needed relief instead of jugglery of figures.
-
"In 60 Days...": As Centre Cuts Fuel Prices, Congress Does The Math
The Finance Minister, while announcing the big move, had also exhorted states to implement a similar cut and pass on the benefit to the common man.
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Centre Slashes Excise Duty On Petrol By Rs. 8 And Diesel By Rs. 6
In a bid to reduce the rising fuel prices, the central government has cut down the central excise duty on petrol by Rs. 8 and diesel by Rs. 6 per litre.
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India's Top Fuel Retailer To Up Petrol, Diesel Prices Again From Wednesday
From Wednesday, a litre of petrol in Delhi will cost 97.01 rupees ($1.28), while diesel prices will be raised to 88.27 rupees, a notification sent to dealers show.
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Petrol Price In Delhi To Go Down By Rs. 8 Per Litre Due To VAT Reduction
The Delhi government has reduced the value-added tax (VAT) on petrol to 19.40 per cent from the earlier 30 per cent, effectively bringing the price down by Rs. 8 per litre. The revised prices will come into effect in Delhi from midnight today.
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Rajasthan Chief Minister Asks Centre To Further Lower Excise On Petrol, Diesel
Rajasthan Chief Minister Ashok Gehlot on Saturday said the Union government should further reduce the excise duty on petrol and diesel.
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Centre Must Release GST Dues For States To Reduce VAT On Fuel: Sharad Pawar
Nationalist Congress Party chief Sharad Pawar today demanded the release of GST compensation to the states for them to reduce value-added tax (VAT) on fuel. His remarks come days after the Centre reduced the excise duty on petrol and diesel.
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"Poll Strategy": Sena MP On Fuel Price Cut By Centre, BJP-Ruled States
Shiv Sena MP Arvind Sawant on Friday slammed the Centre and various BJP-ruled state governments over reducing taxes on fuel prices, terming it as an election strategy and pointed out that people of the country were aware of such "jumlas".
