Diesel cars on their way out following proposed pollution tax: Nitin Gadkari
To combat the rising levels of air pollution, Union Transport Minister Nitin Gadkari today suggested a 10% GST increase on…
To combat the rising levels of air pollution, Union Transport Minister Nitin Gadkari today suggested a 10% GST increase on…
With the hike in price, the state government aims to generate Rs 600 crore per annum as revenue, said officials.
The Central government has slashed windfall tax on crude oil production to zero from Rs 3,500 rupees per tonne, which became effective from today, according to an official notification.
A decision to this effect was taken by the Council of Ministers in a meeting chaired by Chief Minister Bhagwant Mann today.
The central has slashed the windfall tax on crude oil from Rs 11,000 to Rs 9,500 per tonne. This change will be applied from November 2 according to an official notification released by the Ministry of Finance.
Calling the reduction a "knee jerk reaction" to the losses in by-poll elections, Imran said the measure won't provide much relief to consumers,
Petrol and diesel prices increased again on Wednesday after a two-day break as global oil prices failed to relent and continued to remain firm.
With no change in the prices, the pump price of petrol in Delhi stood at Rs 107.59 a litre, while diesel rates also remained at Sunday's level of Rs 96.32 a litre, according to a price notification of state-owned fuel retailers.
Petrol and diesel prices witnessed a hike for the fifth consecutive day across the country on Sunday.
The daily review and revision of prices is based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.