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April 7, 2025, 07:01 PM - 4 min read
The government has increased the excise duty on both petrol and diesel by ₹2 per litre, with the new rates coming into effect from 8 April 2025. This decision was taken at a time when global oil prices are fluctuating and new tariffs by the United States have added pressure to the global economy.
Read moreSeptember 12, 2024, 06:27 PM - 3 min read
Global crude oil prices dropped to a three-year low but have slightly rebounded. Indian oil firms may lower petrol and diesel prices if the trend continues, but cuts are likely closer to upcoming state elections.
Read moreSeptember 5, 2024, 05:04 PM - 2 min read
Fuel pump owners strongly condemned the decision of the AAP-led government, saying it would hit their business hard, saying that this is the third time petrol-diesel rates have been increased by the Aam Aadmi Party government in the past two and a half years.
Read moreSeptember 5, 2024, 10:31 AM - 2 min read
Taxation Minister Dr Vanlalthlana explained that the hike includes a new levy of Rs 2 per litre on both diesel and petrol as a “social infrastructure and services cess” and an additional Rs 2 per litre for road maintenance.
Read moreJune 16, 2024, 02:03 PM - 2 min read
The BJP will stage protests across Karnataka on June 17 against the government's recent hike in sales tax on fuel, which has increased petrol prices by Rs 3 per litre and diesel by Rs 3.5 per litre, according to the party's state unit president B Y Vijayendra.
Read moreJune 16, 2024, 12:52 PM - 2 min read
BJP spokesperson S Prakash expressed his discontent, stating, "The Siddaramaiah-led Congress government has steeply increased diesel and petrol prices in this state. Soon after the Parliament elections are over, this hike has been brought. People were expecting Rs 8500 khatakhat in their bank accounts as promised by Rahul Gandhi. On the contrary, they have been hugely burdened by the increase in petroleum products. This is an outcome of guarantee schemes pursued by the State Govt. The State Govt is financially bankrupt, they are trying to extract revenue from whatever is available."
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