Tag: Petrol
17 Results
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Thieves use tunnel to steal petrol from pipeline
Five men had dug a 155 feet tunnel to steal petrol from pipeline of Indian Oil Corporation in Dwarka. The rare discovery was made on Wednesday and one person was arrested, police said. Four other suspects were reported to be absconding . According to a senior police officer the matter came to light after a...
January 25, 2018 -
Prices of Petrol, Diesel highest since BJP formed government in 2014
Petrol prices today hit the highest level since the BJP government came to power in 2014, and diesel touched a record high of Rs. 63.20 a litre, prompting the oil ministry to seek a cut in excise duty. Petrol price rose to Rs. 72.38 per litre in Delhi, highest since March 2014, according to daily...
January 23, 2018 -
Cong push for inclusion of petrol, real estate in GST
To provide relief to consumers from rising prices of petrol and diesel, state finance ministers from Congress-ruled states will push for inclusion of petroleum products and real estate under the Goods and Services Tax (GST) ambit in the Council meeting to be held on 18 January at 12 noon. Petrol and diesel prices are skyrocketing....
January 18, 2018 -
Diesel, petrol become cheaper in Madhya Pradesh
The Madhya Pradesh government on Friday announced cuts in state-imposed taxes on diesel and petrol, which will lead to a reduction in the prices of the two petroleum products by Rs 4 and Rs 1.62, respectively. The move is expected to cause a revenue loss of an estimated Rs 2,000 crore per annum to the...
October 13, 2017 -
Discount for BHIM App users on petrol, diesel
In a bid to promote cashless transactions, the Modi government has announced marginal discounts on petrol and diesel purchased through BHIM App. A discount of 49 paise per litre on petrol and 41 paise per litre on diesel will be available for users of government’s flagship Bhim App to make payment. By making #digitalpayments you can...
October 11, 2017 -
Himachal Pradesh cuts VAT on petrol, diesel
The Congress government in poll-bound Himachal Pradesh on Tuesday reduced the value-added tax (VAT) on petrol and diesel by one percent. A decision in this regard was taken at a cabinet meeting chaired by Chief Minister Virbhadra Singh here. After Gujarat and Maharashtra, Himachal became the third state to slash VAT on prices of petrol...
October 10, 2017 -
Petrol, diesel to be cheaper in Maharashtra as VAT reduced
Petrol and diesel products will become cheaper in Maharashtra from midnight on Tuesday due to four per cent reduction in Value Added Tax (VAT), an official said here. The net reduction in petrol and diesel prices will be around Rs 2.33 per litre and Rs 1.25 per litre respectively, though the various cess levied by...
October 10, 2017 -
Gujarat reduces VAT on petrol, diesel by 4 per cent
Gujarat on Tuesday became the first state to reduce Value Added Tax (VAT) on petrol and diesel, days after the Union government urged all state Chief Ministers to cut sales tax, or value added tax (VAT), on the two fuels. According to reports, Gujarat Chief Minister Vijay Rupani reduced VAT on petrol and diesel by...
October 10, 2017 -
Bring petrol, diesel under GST to prevent profiteering: Rahul
Congress Vice President Rahul Gandhi on Friday said petrol and diesel should be brought under the GST regime to prevent excessive profiteering. He said he hoped Prime Minister Narendra Modi would see the “GST mess” from the “prism of the suffering people” rather than electoral interests. In a series of tweets coinciding with a Goods...
October 6, 2017 -
Petrol, diesel prices to come down from Wednesday
Prices of transportation fuels — petrol and diesel — are likely to come down on Wednesday in the wake of the government reducing the excise duty levied on both by Rs 2 per litre. According to informed sources here, the reduction in retail prices will “likely be reflected” from Wednesday morning. The three state-owned oil...
October 3, 2017 -
Govt cuts excise duty on petrol, diesel by Rs.2/litre
Prices of petrol and diesel will be reduced by the amount of duty cut with effect from Wednesday.
October 3, 2017 -
Exports of petrol, diesel cars can continue, hints Gadkari
Union Road Transport and Highways Minister Nitin Gadkari on Saturday hinted that automobile industry could continue exports of petrol and diesel cars even as government will go ahead with its plan to transition India to all-electric mobility by 2030. He told reporters on the sidelines of Indian School of Business Leadership Summit here that the...
September 24, 2017 -
Market pricing regime in fuels distorted by taxes: Assocham
Calling for a cut in the cess on transport fuels, industry chamber Assocham said on Sunday that the consumer is getting restive about a three-year high in the petrol prices and feels the market pricing mechanism is being distorted by tax hikes on petrol and diesel. “Consumers are getting restive about a three year high...
September 17, 2017 -
Fuel prices in Maharashtra to come down as surcharge to be slashed
The prices of petrol and diesel are set to come down in Maharashtra as the government has decided to slash the state surcharge levied on petroleum products. State food and civil supplies minister Girish Bapat gave this information here on 11 July. “The prices of petrol will come down in the range of 66 paise...
July 12, 2017 -
France to ban petrol, diesel cars by 2040
France is set to ban the sale of any car that uses petrol or diesel fuel by 2040, the media reported. On Thursday, Ecology Minister Nicolas Hulot announced the planned ban on fossil fuel vehicles as part of a renewed commitment to the Paris climate deal, reports the BBC. Hulot, a veteran environmental campaigner, said...
July 7, 2017 -
Indian Oil to revise petrol, diesel rate daily from 16 June
After a successful trial in a few cities, the Indian Oil Corporation (IOC) will implement daily revision of petrol and diesel prices across the country from 16 June. According to reports, the pilot project of daily oil price review, which was implemented in five cities — Puducherry, Visakhapatnam, Udaipur, Jamshedpur and Chandigarh — starting from...
June 8, 2017 -
Petrol, diesel prices to go up from Thursday
Petrol price will be costlier by Rs 1.23 per litre, while diesel price per litre will be higher by 89 paise from Thursday, the Indian Oil Corporation announced on Wednesday. Prices of the two main transportation fuels were last hiked on May 1, when petrol price was increased by 1 paise per litre, while that...
May 31, 2017