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Diesel Hike

Petrol/diesel prices not market driven, but tax driven, Centre, states should cut levies: ASSOCHAM
It is true that the crude oil has shot up by about 18 per cent from USD 45.60 per barrel , taking the pump prices of petrol in Delhi (for instance) to Rs 70.39 per litre from Rs 65.40 three months ago. The increase in the retail prices is far less than hike ...
 Business Standard1 week ago
Sify
Fuel price hikes are tax-driven, crude oil not responsible: Assocham
New Delhi: Amid the recent hike in the prices of petrol and diesel being attributed to wavering market price of crude oil, the ASSOCHAM, while dismissing the same, stated that even though the pricing regime is linked to market-determined rates, a sharp hike ...
 Sify5 days ago
Rediff.com
Will tax those who can afford it: KJ Alphons justifies petrol price hike
Union Tourism Minister KJ Alphons justified the hike in petrol prices stating that the money is being used for the welfare of the poor and the downtrodden."Its an intentional decision by the government. We are going to tax people who can afford to pay. Only a person who has a car or bike will buy petrol. That person is certainly not starving, said Alphons.We are imposing taxes to help the poor of this country lead a dignified life. They will have houses, toilets and basic amenities. All this ...
 Rediff.com1 week ago
Rediff.com
Why is the govt mum on high petro prices?
BJP-ruled Maharashtra levies 46.52 per cent VAT (47.64 per cent in Mumbai) on petrol, the highest in the country. Finance Minister Arun Jaitley provided no indication on Wednesday of any cut in excise duty on petrol and diesel to cushion the spike in rates, saying that the government needs revenue to support public spending without which growth will suffer. States levy a high amount of sales tax or VAT on fuel, he said without referring to the Rs 11.77 per litre hike in excise duty on petrol ...
 Rediff.com5 days ago
Price regulation may return to oil sector
Subhash Narayan City: New Delhi Price regulation may come back to the oil sector. According to sources, the Centre may once again use its influence on public sector oil marketing companies to temporarily hold back any further increase in auto fuel prices, ...
 The Financial Chronicle1 week ago
catchnews.com
Hike in petrol/diesel prices tax-driven, not market-driven: ASSOCHAM
Amid the recent hike in the prices of petrol and diesel being attributed to wavering market price of crude oil, the ASSOCHAM, while dismissing the same, stated that even though the pricing regime is linked to market-determined rates, a sharp hike in taxes in ...
 catchnews.com1 week ago
Fuel price hikes are tax-driven, crude oil not responsible: Assocham
It also said that though the govt needs resources for building infrastructure and welfare schemes, over-dependence on petrol, diesel by the centre and states would hamper economic growth Last Updated at September 17, 2017 14:40 IST
 Business Standard1 week ago

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