Govt hikes windfall profit tax on export of diesel; cuts tax on domestic crude oil

The government on Thursday hiked the windfall profit tax on the export of diesel to Rs 7 per litre and brought back a tax on jet fuel exports, but slashed the levy on domestically produced crude oil in line with softening rates. At the third fortnightly review, the government raised the windfall profit tax on the…

Govt should bring down prices of petrol, diesel, cooking gas, says Supriya Sule in Lok Sabha

The government should intervene and bring down high prices of petrol, diesel and domestic cooking gas so that crores of poor people are benefited, NCP MP Supriya Sule demanded in the Lok Sabha on Thursday. Raising the issue of the price rise of essential commodities during the Zero Hour in the House, she also said…

Petrol, Diesel prices today: Fuel rates remain unchanged as global crude oil prices increase

State-run oil marketing companies have kept fuel prices unchanged across the country on Wednesday, December 8, 2021, as crude oil prices see a rise in the international market. Notably, oil companies have not revised and kept the prices of petrol and diesel stable in the domestic market for over a month now. According…

Petrol, Diesel prices today: Fuel rates remain unchanged on November 17| Check latest rates here

The state-run oil marketing companies(OMCs) have not revised the prices of petrol and diesel on Wednesday. According to the latest price notification by OMCs, the fuel rates remained unaltered on November 17, 2021, across the country. Meanwhile, crude oil prices also continued to fall in the international market.…

Chandigarh slashes VAT on petrol, diesel by Rs 7 per litre

With the Centre slashing excise duty on petrol and diesel, the Chandigarh Administration has also announced a reduction of Rs 7 per litre in value-added tax (VAT) on the fuels making them cheaper in the Union Territory. “After the Centre cut levy on petrol and diesel, Chandigarh Administration has reduced VAT by…

Fuel price hike: Petrol rises to Rs 106.93 in Mumbai, increases to Rs 100.91 in Delhi

The oil marketing companies (OMCs) hiked petrol and diesel prices on Saturday after keeping them stable on Friday. The petrol prices were raised by 35 paise per litre and diesel prices were hiked by 26 paise per litre in the national capital.Accordingly, the price of petrol and diesel increased to Rs 100.91 and Rs…

Petrol, Diesel Prices Unchanged On Friday

Petrol and diesel prices are unchanged across the metros on Thursday, June 25, 2021, according to information provided by Indian Oil Corporation (IOC). In New Delhi, the petrol prices are steady at Rs 97.76 per litre and diesel prices are at ₹ 88.30 per litre. In Mumbai, petrol is priced…

Petrol, diesel prices remain unchanged after rising to record highs a day before

Petrol and diesel prices were unchanged on Monday as oil marketing companies (OMCs) decided to keep fuel rates static.Accordingly, the price of petrol and diesel stood at Rs 97.22 and Rs 87.97 per litre respectively in Delhi, as per Indian Oil Corporation, the country’s largest fuel retailer. In Mumbai, the…

Oil rises as threat recedes of Iran supply resuming soon

Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran. Brent crude was up by 17 cents, or 0.2%, at $73.03 a barrel by 0347 GMT,…

Fuel Prices Remain Unchanged Today

Petrol and Diesel Price Today in India: After two consecutive days of surge, petrol and diesel prices remained unchanged on Sunday, June 13. After two consecutive days of surge, petrol and diesel prices remained unchanged on Sunday, June 13. Petrol price in Delhi is at ₹ 96.12 per litre…