The move follows some petrol pumps operated by PSU firms in states like Madhya Pradesh, Rajasthan, Karnataka and Gujarat going out of stock following a sudden surge in demand
In an attempt to control retail inflation, the Union government had reduced excise duty, resulting in a drop in retail petrol price by Rs 9.50 per litre and Rs...
Banerjee’s assertion came two days after the central government reduced excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 a litre, slashing...
There is a variation of up to Rs 3 in the rates in different parts of the state, depending on the transportation cost of fuel, said an official.
Tamil Nadu CM MK Stalin said whenever international crude rates dipped, the BJP government did not pass on the benefit to the customers, but only pocketed the...
PM Modi said that states may provide relief to people now by reducing taxes that they were supposed to do last November.
In Punjab, petrol will now cost Rs 95 per litre and diesel Rs 83.75 per litre. A decision in this regard was taken in a cabinet meeting chaired by Chief...
The state’s Chief Minister Basavaraj Bommai, announced that the petrol will now cost Rs 95.90 per litre and diesel Rs 81.5 per litre in Karnataka.
Since states charge local sales tax or VAT not just on the base price but also on the excise duty levied by the centre, the total incidence of price reduction...
