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Jagan Reddy govt hikes petrol, diesel prices by Re 1 per litre

Last week, the Jagan government increased the VAT on natural gas from 14.5 per cent to 24.5 per cent.

An ordinance seeking to amend the APVAT Act, 2005, was promulgated by state governor Biswabhushan Harichandan in the evening, providing for levy and collection of a road development cess of one rupee per litre on petrol and diesel. (Photo @AndhraPradeshCM)
Updated on Sep 18, 2020 09:28 PM IST
Hindustan Times, Hyderabad | By

Why petrol and diesel prices have not increased since March 16

The government is considering raising excise duty on the two fuels again that would give it some additional revenue crucial for combating disruptions due to coronavirus outbreak.

The government had raised excise duty on petrol and diesel by <span class='webrupee'>₹</span>3 a litre on March 14.(Virendra Singh Gosain/HT File Photo)
Updated on Mar 30, 2020 01:50 PM IST
Hindustan Times, New Delhi | ByRajeev Jayaswal

Centre to raise fuel taxes to minimise fiscal fallout

The National Democratic Alliance (NDA) government raised excise duty on the two fuels on March 14 by Rs 3 a litre.

India’s average crude oil purchase price, which factors in the rupee-dollar exchange rate, has dropped by Rs 309 per barrel since March 16(HT Photo)
Updated on Mar 21, 2020 05:07 AM IST
New Delhi, Hindustan Times | ByRajeev Jayaswal

Petrol, diesel price further reduced post Budget

The petrol now costs Rs 73.10 a litre in Delhi, Rs 78.75 a litre in Mumbai, Rs 75.77 a litre in Kolkata and Rs 72.95 a litre in Chennai after the price cut.

A day after the Budget, petrol and diesel prices were further cut on Sunday(Satyabrata Tripathy/HT Photo)
Updated on Feb 02, 2020 11:30 AM IST
New Delhi | ByIndo Asian News Service

Consumers may feel pinch of high oil prices post Lok Sabha polls

Benchmark Brent crude prices on Tuesday surged to $74.70 per barrel, the highest since November 2018, mainly due to the US decision to withdraw waivers to all countries, including India, from importing Iranian crude oil from May 2.

Petroleum and natural gas minister Dharmendra Pradhan said India will get additional supplies from other major oil producing countries to compensate for the loss of Iranian oil.(Bloomberg)
Updated on Apr 24, 2019 07:29 AM IST
Hindustan Times, New Delhi | ByRajeev Jayaswal
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