diesel

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Breaking: States Do Not Suffer Due To Reduction in Excise Duty- Nirmala Sitharaman

Leave a Comment / BUSINESS & ECONOMY / By / May 23, 2022 / , , ,

Union Finance Minister Nirmala Sitharaman said that Basic Excise Duty (BED), Special Additional Excise Duty (SAED), Road and Infrastructure Cess (RIC) and Agriculture and Infrastructure Development Equipment (AIDC) together wit makes the total excise duty on petrol-diesel. Out of these, only BED is shared with the states, not the rest. The government has made this …

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People Are Giving Thanks To PM Modi For Reducing Petrol, Diesel Prices

Leave a Comment / BUSINESS & ECONOMY / By / May 22, 2022 / , ,

Following centre’s decision to reduce Excise Duty on petrol and diesel, people are giving thanks to PM Modi. They are tweeting with hashtag #ThankYouPmModiJi Some of the tweets are as under: Roshan Tweeted: One of the best PM of India. Even Whole world facing High inflation, but our country got Best PM. It’s helpful for …

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Good News: Centre cuts excise duty on petrol, diesel: Sitharaman

Leave a Comment / BUSINESS & ECONOMY / By / May 21, 2022 / , ,

The petrol prices will be reduced by Rs 9.5 per litre while diesel will cost Rs 7 cheaper as the Centre on Saturday announced a series of measures to help the common man. Finance minister Nirmala Sitharaman tweeted that the Centre has decided to extend relief to the poor and common man amid growing inflation …

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Shock To Common Man: Petrol And Diesel Prices Started Rising

Shock To Common Man: Petrol And Diesel Prices Started Rising

BUSINESS & ECONOMY / By / March 24, 2022 / , , ,

Petrol and diesel prices have increased by Rs 1.60 in the last two days amid a rise in crude oil. The prices of LPG cylinders (LPG) have also increased. Officials of retail fuel selling companies say that the prices of petrol, diesel and LPG will increase further in the coming time. As a result, there …

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Petrol And Diesel Prices Increased After Four Months

Petrol And Diesel Prices Increased After Four Months

BUSINESS & ECONOMY / By / March 22, 2022 / , ,

The price of petrol and diesel in the country has increased after four months. Diesel prices have increased by 76 to 86 paise since Tuesday morning. So there has been an increase of 76 to 84 paise in petrol prices. In Delhi, a liter of petrol will cost Rs 96.21 per liter while diesel will …

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These States Had Not Given Relief On Petrol And Diesel To Public

These States Had Not Given Relief On Petrol And Diesel To Public

BUSINESS & ECONOMY / By / March 15, 2022 / ,

Nine states of the country did not cut petrol and diesel VAT, due to which the public has to buy them at expensive rates. Union Petroleum and Natural Gas Minister Hardeep Singh Puri told the Rajya Sabha on Monday that the central government cut central excise tax in November 2021, but nine states, including Maharashtra …

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Why Petrol & Diesel Not Included in GST: Kerala High Court to GST Council

Why Petrol & Diesel Not Included in GST: Kerala High Court to GST Council

BUSINESS & ECONOMY / By / November 8, 2021 / , , ,

In the case of Kerala Pradesh Gandhi Darshanvedhi vs Union of India, Kerala High Court has asked GST Council that why petrol & diesel are not included in GST. The court has asked the GST council to file a statement in this regard within ten days. ‘The unprecedented hike in the price of petrol and …

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Petrol Diesel in GST

Ethanol blending in Petrol will be increased from existing 8.5% to 20% by 2025: Union Petroleum Minister

BUSINESS & ECONOMY / By / March 19, 2021 / ,

Union Petroleum Minister Dharmendra Pradhan while responding to a question in Rajya Sabha Informed that the target year for achieving 20 per cent ethanol blending in petrol which was initially kept as 2030 has been further reduced by 5 more years to 2025. Ethanol blending in Petrol will be increased from existing 8.5 per cent …

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