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Petrol in Maharashtra had crossed Rs 91 per litre and diesel was selling above Rs 80 per litre before the state and central government chose to lower taxes. On Thursday, the price of petrol was raised by 15 paise a litre while that of diesel was hiked by 11 paise a litre. The reduction followed petrol and diesel prices touching new highs. Petrol and diesel prices on Saturday were also hiked by 20 paise and 30 paise, respectively. Following the centre's path, Gujarat and Maharashtra also reduced fuel prices by 2.50 per litre. Both petrol and diesel were settled at Rs 88.97 a litre and Rs 81.99 a litre respectively. He said that while the Centre has cut excise duty on petrol and diesel by Rs 1.50 per litre, the Oil Marketing Companies (OMCs) will further reduce prices by Re 1 per litre. Immediately after the announcement, and the declaration by the Finance Minister, three states have responded, and reduced the price of petrol and diesel by Rs 2.5, thereby making the overall reduction to Rs 5 per litre. 1 drop by oil marketing companies, taking the cut in fuel prices to Rs. 2.50. Announcing the decision, Finance Minister Arun Jaitley asked the state governments to match the move with a similar reduction in sales tax or VAT. This Alert on Your Cell Phone is Only a Test The Integrated Public Alert and Warning System (IPAWS) is created to warn Americans in the event of a national emergency. Can I Block These Alerts? If a phone is off, or on a call at the time of the alert, the message many not come through. The state of Karnataka, who earlier slashed fuel prices by Rs 2, will not be announcing any more cuts. The Finance Minister said, the prices of crude oil and domestic developments in the U.S. have impacted the economies across the world. "Thus petrol & diesel wd be Rs. 5 cheaper in the State of Gujarat". Jaitley said the total impact of Rs 1.50 cut in excise duty is about Rs 21,000 crore for full year and Rs 10,500 crore the reminder of current fiscal. But growing public anger over surging fuel prices has caught the attention of the government. The recent reduction in Value-Added Tax and excise duty is due to elections in 5 states in November-December. "And reducing oil prices, if you say is good politics, so be it", said Mr Jaitley. Any further revenue loss, however, could widen the fiscal deficit.
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- अर्थ सरोकार सम्बाददाता केपी ओली सरकारले 'अति' गर्न थालेको छ । सरकार गठन भएपछी लगातार बजारमा पेट्रोल, डिजेल र मट्टितेलमा भाउ बढाएर ओली सरकारले 'अति' गरेको हो । पुन: सरकारको आदेशमा आयल निगमले प्रति लिटर दुई/दुई रुपैयाँ मूल्य बढाएको छ । मूल्यवृद्धिपछि पेट्रोलको भाउ प्रतिलिटर एक सय १० रुपैयाँ र डिजेल र मट्टितेलको भाउ ९२ रुपैयाँ प्रति लिटर पुगेको छ । नेपाल आयल निगमको बुधबार साँझ बसेको निगम सञ्चालक समितिको बैठकले पेट्रोल, डिजेल र मट्टितेलमा प्रति लिटर दुई/दुई रुपैयाँ मूल्य वृद्धि गर्ने निर्णय गरेको हो । Trending: प्रकाशित : Wednesday, May 16, 2018