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News
Excise duty on diesel
Excise duty on diesel News
Excise duty on petrol
22 May 2022
Central Govt cuts excise duty on petrol by Rs 8 per litre, on diesel by Rs 6 per litre
After the long-standing demand, the central government has given great relief to the people. Center has reduced the excise duty on petrol and diesel. The Center has reduced tax by Rs 8 on petrol and Rs 6 on diesel. After this, petrol has become cheaper by Rs 9.50 and diesel by Rs 7.But after this cut, politics has started. The opposition has targeted the government.
Excise duty on petrol
22 May 2022
Namaste India: Government cuts excise duty on petrol, diesel
After the long-standing demand, the central government has given great relief to the people. Center has reduced the excise duty on petrol and diesel. The Center has reduced tax by Rs 8 on petrol and Rs 6 on diesel. After this, petrol has become cheaper by Rs 9.50 and diesel by Rs 7.
Petrol
07 Nov 2017
Petrol, diesel prices to cost more as crude oil hits 28-month high
Globally, oil prices rose 3.5 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia's crown prince cemented his power with an anti-corruption crackdown, while the US rig count fell and markets continued to tighten.
Excise duty on petrol
03 Jul 2016
Government may not cut excise duty on petrol, diesel for now
Government may not cut excise duty on petrol and diesel in the near-term if it accepts the suggestions made in the approach paper submitted by Chief Economic Adviser for maintaining status quo when oil prices can climb by another USD 15 a barrel.
Petrol
24 Feb 2016
Global crude down 2/3rd since May '14; petrol falls only 16%
A litre of petrol cost Rs 71.41 in May 2014 when international oil was at USD 106.85 per barrel but even after over two-third fall in global rates, the price of petrol has witnessed only 16 percent decline and remains at Rs 60 per litre.
excise duty
30 Jan 2016
Excise duty hiked on petrol by Re 1 per litre, on diesel by Rs 1.5
The increase in excise duty will fetch the government over Rs 3,200 crore during the remainder period of the fiscal.
Excise duty on petrol
30 Jan 2016
Govt hikes excise duty on diesel by Rs 1.5 a litre, on petrol by Re 1
The government on Saturday hiked excise duty on petrol by Re 1 per litre and by Rs 1.5 a litre on diesel, the fourth increase in duties in less than six weeks.
Petrol price cut
16 Jan 2016
Petrol gets cheaper by 32 paise per litre, diesel by 85 paise despite excise duty hike
After the fourth reduction in rates in six weeks, petrol in Delhi will cost Rs 59.03 per litre.
Excise duty on petrol
15 Jan 2016
Govt hikes excise duty on diesel by Rs 2 per litre, on petrol by 75 paise
Basic excise duty on unbranded or normal petrol has been increased from Rs 7.73 to Rs 8.48 per litre and the same on unbranded diesel from Rs 7.83 to Rs 9.83 per litre.
Indian crude basket in January
12 Jan 2016
Unbelievable! Petrol, diesel prices cheaper than a litre of water?
Petrol and diesel prices would have been cheaper than a litre of packaged water, provided government didn't keep raising excise duty on both fuels
Petrol
02 Jan 2016
Diesel gets costlier by Rs 2 per litre, petrol by 37 paise as govt hikes excise duty
On diesel, total excise duty after including special excise duty will be Rs 13.83 per litre as compared to Rs 11.83 now.
Petrol prices incrase
16 Nov 2015
Petrol prices up by 36 paisa per litre, diesel by 87 paisa
Petrol prices are set to move up by 36 paisa per litre and diesel prices by 87 paisa per litre from the midnight of November 15
Petrol
06 Nov 2015
Excise duty on petrol hiked by Rs 1.6/litre, diesel by 40 paisa
The government Friday night hiked excise duty on petrol by Rs 1.60 per litre and the same on diesel by 40 paisa a litre to mop up additional revenue to meet budgetary targets.
Petrol
20 Aug 2015
Govt not to hike excise duty on petrol, diesel
The government had in four installments raised excise duty on petrol and diesel between November and January to take away the reduction in retail rates that was warranted from falling international oil prices.
Petrol
16 Dec 2014
No roll-back of excise duty hike on diesel, petrol: FinMin
The government on Tuesday said it has no plans to roll-back the recent hike in excise duty on diesel and petrol.
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