Yogi government raises petrol diesel prices
India | August 20, 2019 10:52 ISTA litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35.
A litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35.
Good news for those who were disappointed with Jeep for not bringing automatic transmission in the diesel variant of Jeep Compass for over two years. It's finally here. As per reports, Jeep is planning to bring in its 9-speed automatic gearbox to the lower models in the coming months. This is the same gearbox that comes with the Jeep Compass Trailhawk.
Petrol and diesel have turned costlier by up to Rs 5 per litre in Rajasthan following a hike in excise duty and road cess announced by the Centre and increase in local levies by the state government.
Presenting the first Budget of the Modi government in its second term, Sitharaman said surcharges on individuals having taxable income of Rs 2 crore to Rs 5 crore; and Rs 5 crore and more have been raised.
State-run oil marketing companies increased petrol rates by 38 paise per litre on Monday, while diesel prices were raised by 49-52 paise across the four major metros.
According to Indian Oil Corp's website, petrol price was at Rs 69.26 per litre in national capital Delhi on Saturday, 29 paise down from the Friday's levels of Rs 69.55 per litre.
The government had cut the excise duty on fuel prices in October in order to tackle increasing prices of petrol and diesel.
As the international oil prices continued to rise, price of petrol and diesel in Delhi increased to Rs 82.83 and Rs 75.69 on October 17. In Mumbai, rates touched Rs 88.29 a litre for petrol and Rs 79.35 for diesel.
Beginning October 18, international oil prices have been falling and rupee has also appreciated.
The CPCB will immediately make social media account on which citizens can complain about pollution, the top court ordered.
Likewise, in Mumbai, for petrol and diesel, you have to pay Rs 86.81 per litre (decreased by Rs 0.10) and Rs 78.46 per litre (decreased by Rs 0.08), respectively.
Earlier on Sunday, oil-marketing companies increased the prices of petrol and diesel across the four metro cities.
The deputy chief minister added that states which are already reeling under the losses cannot be expected to bear the burden of extra Rs 2.5/ltre cuts.
The revised rates of petrol in Delhi stood at Rs 81.82/litre and Rs 73.53/litre respectively.
On Thursday, shortly after the Centre announced reduction in prices of petrol-diesel, Maharashtra and at least another 10 states followed suit. However, Maharashtra cut VAT only on petrol.
“Respected Modi ji, common man is deeply troubled over spiralling prices of petrol and diesel. Please bring petrol, diesel under GST ambit,” Rahul Gandhi tweeted.
The Centre cut excise duty on petrol and diesel by Rs 1.50 per litre and asked oil firms to absorb Re 1 a litre of prices.
Prices vary according to local taxes as petroleum is still excluded from the GST regime. Delhi has lower tax among the four major metros.
Petrol price on Monday crossed the Rs 91-mark in Mumbai while domestic cooking gas LPG rates breached the Rs 500-level for the first time ever.
Diesel in Mumbai costs Rs 79.72 per litre at IOC outlets and Rs 79.79 at BPCL outlets.
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