Diesel Price in India
|Jammu And Kashmir||72.05₹/L||+0.455|
|NCT of Delhi||71.26₹/L||+0.00|
Related Diesel News
- Jun 1, 2020, 02:18PM IST
Diesel sales fell 31% year on year in May compared with a 56% slump in April while petrol consumption declined 36.5% in May as against a 60% decline in April. May data is for sales by state companies, which control about 90% of the fuel market.
- May 18, 2020, 05:49PM IST
Fuel sales surged during the first half of May as compared with the same period last month.
- May 11, 2020, 06:30AM IST
Ad hoc increase in duties is a problem plaguing the sector. While customs, cess and excise duty hikes are levied by the central government, state governments impose value added tax (VAT). Hiking duty and not allowing OMCs to pass it on to consumers is a bad move.
- May 10, 2020, 12:25PM IST
India's fuel consumption fell 45.8 per cent to 9.929 million tonnes in April, down from 18.32 million tonnes fuel consumed in the same month a year back, according to official data released by the petroleum ministry. Fuel consumption during March, when travel restrictions began to be imposed to curb the spread of coronavirus, stood at 16.08 million tonnes.
- May 8, 2020, 10:00PM IST
In the face of dwindling revenues, Naveen Patnaik’s government has similarly held back on increasing vat on petrol and diesel. The Centre's decision to hike excise duty on petrol on Wednesday may finally nudge the state government to announce a hike in the Value Added Tax charged by state on petrol and diesel.
- May 8, 2020, 04:09PM IST
Following the record hike in excise duty on petrol and diesel, the total incidence of taxation on auto fuels jumped to 70 per cent of the retail price. But the retail prices are not impacted as the hike completely wipes out the fall in crude prices.
- May 7, 2020, 10:32PM IST
Before lockdown, the VAT rate on petrol was 30 per cent and on diesel was 22 per cent.
- May 7, 2020, 08:41AM IST
Centre and states are resorting to fuel tax hikes to capture gains from a global oil crash.
- May 6, 2020, 11:28PM IST
The tax hike will generate an additional revenue of Rs 100 crore for the UT administration in 2020-21. After the revision in prices, petrol in the city now costs Rs 68.62 a litre, a hike of Rs 2.8, and diesel Rs 62.02 per litre, an increase of Rs 2.72.
- May 6, 2020, 04:13PM IST
The move follows the Centre's decision on Tuesday to increase excise duty on petrol by a record Rs 10 per litre and Rs 13 per litre for diesel. The hike, however, did not push up fuel prices as global oil prices have dropped to a nearly two-decade low.