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.
Across the country as well the petrol and diesel prices remained static on Thursday but their retail rates varied depending on the level of local taxes in a particular state.
This pause in prices came after fuel prices increased for 41 days in the current financial year. The 41 increases have taken up petrol prices by Rs 11.44 per litre in Delhi. Similarly, diesel rates have increased by Rs 8.74 per litre in the national capital.
Global crude oil prices have fallen in the past few days but have again firmed up over $71 a barrel now. Accordingly, in the national capital, petrol continues to be sold for Rs 101.49 per litre and diesel at Rs 88.92 a litre.
The long price pause for auto fuels came after fuel prices increased for 41 days in the current financial year. The 41 increases have taken up petrol prices by Rs 11.44 per litre in Delhi. Similarly, diesel rates have increased by Rs 8.74 per litre in the national capital.
The long price pause for auto fuels came after fuel prices increased for 41 days in the current financial year.
