Windfall tax continues to remain 0 on fuel; no changes made after previous notification
The windfall tax still remains zero on petroleum crude, ATF, diesel, petrol etc.
Petrol
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Pakistan: Petrol price likely to go up by Rs 10-14 per litre from April 16
The prices of petroleum products in Pakistan are likely to be increased by Rs10-14 per litre for the next fortnight, media reports said.
Maharashtra CM Eknath Shinde slashes Petrol & Diesel prices; Check new prices here
The Chief Minister Eknath Shinde led Maharashtra government has decided to reduce the price of petrol and diesel by reduction in value added tax (VAT) on the same commodities. Check the new prices below.
Maharashtra follows other states slashing VAT on fuel after centre’s excise cut
Maharashtra is likely to lose a monthly total of 80 crores on petrol and 125 crores on diesel. The annual loss for the government will be 2500 crores per annum. The move came after Rajasthan and Kerela also cut their VAT, in order to provide more relief to consumers.
Petrol, Diesel excise duty cut to bring down inflation by upto 40bps
The excise duty cut in petrol and diesel prices by the Indian government will bring down prices of petrol and diesel, and simultaneously lead to some cool off in the inflation.
What are the petrol and diesel prices across India currently?
In the current year, the price of petrol and diesel has seen tremendous trends and fluctuations in its price range all over the country. Which mostly fixated to be in the increment zone.
Top countries with lowest petrol prices
During the ongoing period, the prices of fuel have taken over an increment significantly. As per reports, the level of price of petrol per litre has taken over Rs 100. In major counter around the world.
Indian govt collected Rs 3.35 lakh crore excise from petrol, diesel in last fiscal year
The duty hike for petrol was ₹19.98 per litre to ₹32.9 last year, while diesel accumulated from ₹31.8 from ₹15.83 per litre.
Petrol prices cut by Rs 10-15 paise across country, Diesel rates also dips
Petrol & diesel prices have been reduced by 13-15 paise across metro cities.
Domestic LPG cylinder price hikes Rs 25; Check latest rate in your city
As far as the 19KG commercial cylinder is concerned its price has also lead to an increment of ₹75 per cylinder.
Petrol prices in Tamil Nadu, Puducherry dips below Rs 100 after VAT reduction
Providing some respite to consumers, the DMK government in Tamil Nadu cut petrol prices by Rs 3 per litre across the state.
Unable to reduce duty on fuels due to Oil Bond of UPA govt: FM Nirmala Sitharaman
The Finance Minister gave her official statement on Monday after the increasing rates of petrol and diesel worried the end-users.
Petrol to get cheaper in Tamil Nadu as excise duty cuts
A sigh of relief for the people of Tamil Nadu from inflated fuel prices assured Finance Minister P Thiaga Rajan. He has announced an excise duty cut on Petrol by ascertaining that the price of petrol will go down by Rs 3 once the duty cut is executed.
Domestic fuel demand rises in July as COVID-19 restrictions ease
This is the second consecutive month to record a jump in consumption since March.
IOC reported a net profit of worth Rs 59.41 billion
About a third of India’s five million barrels per day refining capacity is controlled by the IOC and Chennai Petroleum, a unit of IOC.
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