On Diwali eve, govt reduces excise duty on petrol by Rs 5, diesel by Rs 10

[Kool_SRG]

This comes at a time when petrol and diesel prices are at a record high across the country.

On the eve of Diwali, the Centre on Tuesday announced a reduction of excise duty on petrol and diesel.

Excise duty on petrol will go down by Rs 5 and that on diesel will reduce by Rs 10. The Centre has said the new prices will be effective from Thursday.

This comes at a time when petrol and diesel prices are at a record high across the country.

On Wednesday, petrol price in Delhi stands at Rs 110.04 per litre while diesel is available for Rs 98.42. In Mumbai, petrol is retailing at Rs 115.85 while diesel costs Rs 106.62.

 

Auto fuel prices in the country differ from state to state depending on the local taxation (VAT) and freight charges. Apart from this, the central government charges an excise duty on auto fuels.

In the global market, oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world’s largest oil consumer, and as pressure mounted on OPEC to increase supply, news agency Reuters reported.

[Kool_SRG]

Abba at last some relief for public..

[dasari4kntr]

3 minutes ago, Kool_SRG said:

Abba at last some relief for public..

సముద్రపు అల ఒక అడుగు వెనకకి వెళ్ళిందంటే…తరువాత పది అడుగులు ముందుకు వెళ్ళటానికే…

[Kool_SRG]

4 minutes ago, dasari4kntr said:

సముద్రపు అల ఒక అడుగు వెనకకి వెళ్ళిందంటే…తరువాత పది అడుగులు ముందుకు వెళ్ళటానికే…

నిక్కమే  కానీ ఎంతోకొంత  తాత్కాలిక ఊరట 

[Kool_SRG]

[appaji_pesarattu]

[aakathaai789]

Eellu petrol endhuko penchaaro ardhamaindi. Nikkar gaalla strategy idhannamaata. Over price chesi 5 rupees thagginchi anukunna price ki level cheskuntunnsttundi

[Ryzen_renoir]

This is UP elections gift to india 

Increase excuse duty by 20 rupees ...reduce by 5 before UP  election . 

2015 rate of taxes (both state and center )  untey petrol would be 20 rupees less , Diesel 15 rupees  cheaper. 

Asalu diesel meedha tax increase endhi raa baadcows. it's primarily used for public transportation , agriculture and goods transportation .