• Become a Contributor
  • About Us
Thursday, November 30, 2023
No Result
View All Result
ReadersFusion
  • News
    SAREGAMAPA 2023 WINNER NAME

    SaReGaMaPa 2023 Winner and Runner up Name: Albert Kabo Lepcha wins the SRGMP 2023 Title and Prize Money

    how to vote in saregamapa 2023

    How to Vote for Your Favorite Saregamapa 2023 Contestants: Missed Call Numbers and Zee5 App Voting Method

    Indian Idol 14 Voting

    How to Vote for Indian Idol 14 Contestants on SonyLIV App – Know the Timings and Other Voting Details

    Indian Idol 14 Elimination

    Indian Idol 14 Eliminations: List of all the Eliminated Contestants so Far

    Raghunath Tumhari Jai Hove by Sanchari Sengupta

    Rhythmic Devotion: ‘Raghunath Tumhari Jai Hove’ by Melodious Records ft. Sanchari Sengupta and Rapper Psycho

    Stranger Things Season 5 First Episode

    Stranger Things Season 5: The Name of the First Episode and Scene Revealed

  • Entertainment
  • Technology
    • All
    • Apple
    • Nokia
    • OnePlus
    • Samsung
    Best Smartphones Under Rs 25,000

    Diwali 2023: The Ultimate Guide to buying the Best Smartphones Under Rs 25,000

    Nothing Phone 1

    Nothing Phone 1 Review: A Stylish Mid-Range Smartphone with Illuminated Glyphs

    Samsung Galaxy M14 5G Features

    Samsung M14 5G Launch Date, Price, Specs, and Review

    GetResponse Marketing Automation

    How to Set Up Marketing Automation on GetResponse and Steps to Optimize it

    Samsung Galaxy S23 Price in India

    Samsung Galaxy S23 Full Phone Specifications, Price and the Latest Updates

    Nokia 6600 5G Ultra Release Date

    Nokia 6600 5G Ultra Price in India with Key Features, Full Specs and Release Date 2023

    Trending Tags

    • Interviews
    • Web Stories
    • News
      SAREGAMAPA 2023 WINNER NAME

      SaReGaMaPa 2023 Winner and Runner up Name: Albert Kabo Lepcha wins the SRGMP 2023 Title and Prize Money

      how to vote in saregamapa 2023

      How to Vote for Your Favorite Saregamapa 2023 Contestants: Missed Call Numbers and Zee5 App Voting Method

      Indian Idol 14 Voting

      How to Vote for Indian Idol 14 Contestants on SonyLIV App – Know the Timings and Other Voting Details

      Indian Idol 14 Elimination

      Indian Idol 14 Eliminations: List of all the Eliminated Contestants so Far

      Raghunath Tumhari Jai Hove by Sanchari Sengupta

      Rhythmic Devotion: ‘Raghunath Tumhari Jai Hove’ by Melodious Records ft. Sanchari Sengupta and Rapper Psycho

      Stranger Things Season 5 First Episode

      Stranger Things Season 5: The Name of the First Episode and Scene Revealed

    • Entertainment
    • Technology
      • All
      • Apple
      • Nokia
      • OnePlus
      • Samsung
      Best Smartphones Under Rs 25,000

      Diwali 2023: The Ultimate Guide to buying the Best Smartphones Under Rs 25,000

      Nothing Phone 1

      Nothing Phone 1 Review: A Stylish Mid-Range Smartphone with Illuminated Glyphs

      Samsung Galaxy M14 5G Features

      Samsung M14 5G Launch Date, Price, Specs, and Review

      GetResponse Marketing Automation

      How to Set Up Marketing Automation on GetResponse and Steps to Optimize it

      Samsung Galaxy S23 Price in India

      Samsung Galaxy S23 Full Phone Specifications, Price and the Latest Updates

      Nokia 6600 5G Ultra Release Date

      Nokia 6600 5G Ultra Price in India with Key Features, Full Specs and Release Date 2023

      Trending Tags

      • Interviews
      • Web Stories
      No Result
      View All Result
      ReadersFusion
      No Result
      View All Result
      Home News

      Petrol and Diesel Record Price Hike

      by Xena
      June 6, 2018
      in News
      Reading Time: 2 mins read
      67 5
      0
      Petrol Diesel Price Hike 2018
      1.4k
      VIEWS
      Share on FacebookShare on Twitter

      Petrol prices have seen a hike in the past week. The prices of petrol have gone up by 1-2 per cent while the diesel prices still remain at a hike of 2 per cent in most of the cities. Ever since BJP government came into power, petrol prices have rose to the most this year. Apart from petrol, diesel has also touched Rs 63.20 per litre. This is the highest rate hike ever. All these hike in the prices is just prompting the oil ministry to ask for cutting down the excise duty in the prices.

      Trending news: 16th Petrol Hike in 16 Days

      RelatedPosts

      SAREGAMAPA 2023 WINNER NAME

      SaReGaMaPa 2023 Winner and Runner up Name: Albert Kabo Lepcha wins the SRGMP 2023 Title and Prize Money

      November 26, 2023
      how to vote in saregamapa 2023

      How to Vote for Your Favorite Saregamapa 2023 Contestants: Missed Call Numbers and Zee5 App Voting Method

      November 19, 2023
      Indian Idol 14 Voting

      How to Vote for Indian Idol 14 Contestants on SonyLIV App – Know the Timings and Other Voting Details

      November 15, 2023
      Indian Idol 14 Elimination

      Indian Idol 14 Eliminations: List of all the Eliminated Contestants so Far

      November 26, 2023

      Petrol Price Hike 2018

      Price Hike across various states

      Since the day, BJP government came into power, this is the highest rate observed in petrol and diesel prices across the hike. In Mumbai, the price of petrol rose to Rs 80.10 per litre, while the price of diesel is Rs 67.10 which is the highest since 2014.

      Kolkata and Chennai have also witnessed this great hike with an approximate price of Rs 75. The diesel price across this cities remain nearby around Rs 66. However, Delhi witnessed a shock of hike in petrol price to Rs 72.23 while that of diesel remains Rs 63.

      Statements by officials on Price Hike

      KD Tripathi, Oil Secretary stated that they have shared a set of recommendations that they have received from various oil industries. Any further details weren’t given. The excise duty on petrol implied by the central government is around Rs 19.48 per litre while that on diesel remains Rs 15.33. The VAT remains around Rs 15.39 litre while that on diesel is Rs 9.32.

      Diesel Price Hike 2018Between November 2014 and January 2016 the government led by BJP had levied excise duty up to nine times. This was done to balance the finances as the oil prices around the world fell. The taxes were cut down only in Rs 2 per litre. Back in October 2017, excise duty on petrol had reached about Rs 70.88 and diesel’s excise duty reached Rs 59.14 in Delhi.

      However, this hike in the prices was favoured by Finance Minister Arun Jaitley. He says that this is done by the government to bring petrol and diesel prices under the control of GST. If the petrol and diesel prices are brought within GST it may stabilise within some time and would remain Rs 50. This will be beneficial as no excise duty would be implied by Central Government and Value Added Tax (VAT).

      As per the new tax rules, the petrol and diesel prices will be capped about 28 per cent. It may be the choice of the government to impose new prices of diesel and petrol. The prices rose up to such an extent that it required the immediate attention of the officials.

      Disappointed by such hike in petrol prices, P Chidambaram, the former Finance minister made a series of tweets. In them he accused the government of dissipating the windfall gains by imposing heavy taxes on the petrol and diesel prices which is completely an “wasteful expenditure”.

      Tags: Diesel Price Hike 2018Petrol Price Hike 2018
      Xena

      Xena

      Journalist, Vocal about rights issues, Believe in a Just world... too much to ask for? (I DON'T reply to trolls :))

      Related Posts

      SAREGAMAPA 2023 WINNER NAME
      Entertainment

      SaReGaMaPa 2023 Winner and Runner up Name: Albert Kabo Lepcha wins the SRGMP 2023 Title and Prize Money

      by Himanshu
      November 26, 2023
      how to vote in saregamapa 2023
      Entertainment

      How to Vote for Your Favorite Saregamapa 2023 Contestants: Missed Call Numbers and Zee5 App Voting Method

      by Himanshu
      November 19, 2023
      Indian Idol 14 Voting
      Entertainment

      How to Vote for Indian Idol 14 Contestants on SonyLIV App – Know the Timings and Other Voting Details

      by Himanshu
      November 15, 2023
      Indian Idol 14 Elimination
      Entertainment

      Indian Idol 14 Eliminations: List of all the Eliminated Contestants so Far

      by Himanshu
      November 26, 2023
      Raghunath Tumhari Jai Hove by Sanchari Sengupta
      Entertainment

      Rhythmic Devotion: ‘Raghunath Tumhari Jai Hove’ by Melodious Records ft. Sanchari Sengupta and Rapper Psycho

      by Kanika Kathpalia
      November 11, 2023

      Leave a Reply Cancel reply

      Your email address will not be published. Required fields are marked *

      Recommended

      Temptation Island India

      Temptation Island India Shock: Nikita Bhamidipati Chooses Bigg Boss OTT 2 Star Jad Hadid Over Boyfriend Tayne

      3 days ago
      SAREGAMAPA 2023 WINNER NAME

      SaReGaMaPa 2023 Winner and Runner up Name: Albert Kabo Lepcha wins the SRGMP 2023 Title and Prize Money

      5 days ago
      Bigg Boss 17, Day 41 Written Updates 24th Nov

      Bigg Boss 17, Day 41 Written Updates 24th Nov: Salman Khan’s Fiery ‘Weekend Ka Vaar’ Schools Contestants and Drops Hints for Ankita Lokhande

      5 days ago
      Squid Game The Challenge Review

      Squid Game The Challenge Review: A Hollow Echo of the Original’s Brilliance

      7 days ago

      Latest Posts

      • Temptation Island India Shock: Nikita Bhamidipati Chooses Bigg Boss OTT 2 Star Jad Hadid Over Boyfriend Tayne
      • SaReGaMaPa 2023 Winner and Runner up Name: Albert Kabo Lepcha wins the SRGMP 2023 Title and Prize Money
      • Bigg Boss 17, Day 41 Written Updates 24th Nov: Salman Khan’s Fiery ‘Weekend Ka Vaar’ Schools Contestants and Drops Hints for Ankita Lokhande
      • Squid Game The Challenge Review: A Hollow Echo of the Original’s Brilliance
      • Bigg Boss 17, Day 39 Written Updates: Sana Raees Khan’s Clash with Vicky Jain Sparks Controversy Over Bed Sharing with Ankita Lokhande

      More from ReadersFusion

      • About Us
      • Become a Contributor
      • Contact
      • Disclaimer
      • Policy
      • Web Stories

      Follow Us

      Newsletter

      • About Us
      • Become a Contributor
      • Contact
      • Disclaimer
      • Latest Entertainment News: Trending Gossips, Web Series, Stories and TV Serials
      • Policy
      • Web Stories

      © 2023 Readers Fusion

      No Result
      View All Result
      • Home
      • Entertainment
      • Interviews
      • World
      • Technology

      © 2023 Readers Fusion

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In