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Petrol price to drop 8.6 from today after tax cut

Delhi's Aam Aadmi Party (AAP) government on Wednesday slashed VAT on petrol from 30% to 19.40%.
Representative Image
Representative Image
Published on Dec 02, 2021 01:24 AM IST
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Luxury industry’s fears go beyond Christmas sales amid Covid-19 lockdowns courtesy Brexit

Retailers are calling on United Kingdom’s Finance Minister Rishi Sunak to reverse a decision to abolish a perk for shoppers from China, the Middle East, the US and other areas outside the European Union as the system lets them reclaim the 20% value-added tax on purchases in the UK
Luxury industry fights to keep tourists in London after Brexit(Twitter/URW_UK)
Luxury industry fights to keep tourists in London after Brexit(Twitter/URW_UK)
Updated on Nov 29, 2020 08:39 AM IST
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ByBloomberg | Posted by Zarafshan Shiraz

Andhra govt hikes VAT on natural gas by 10% to offset revenue losses

Apart from liquor, as many as five petroleum products – crude oil, natural gas, high speed diesel, petrol and aviation turbine fuel (ATF), are under the VAT purview, after the other items were subsumed in the Goods and Services Tax (GST).
The chief minister’s office (CMO) clarified that the increase in VAT on natural gas from 14.5% to 24.5% has nothing to do with liquefied petroleum gas (LPG) which comes under GST purview with a tax rate of 5 per cent.(HT PHOTO.)
The chief minister’s office (CMO) clarified that the increase in VAT on natural gas from 14.5% to 24.5% has nothing to do with liquefied petroleum gas (LPG) which comes under GST purview with a tax rate of 5 per cent.(HT PHOTO.)
Updated on Sep 12, 2020 08:40 PM IST
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Hindustan Times, Hyderabad | By

‘Sanjeevani booti for reviving economy’: Raghav Chadha hails Kejriwal for VAT cut on diesel

The Delhi government had hiked VAT on petrol and diesel to 30% from 27% and 16.75%, respectively in May.
AAP MLA Raghav Chadha.(@raghav_chadha/Twitter)
AAP MLA Raghav Chadha.(@raghav_chadha/Twitter)
Updated on Jul 30, 2020 07:19 PM IST
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Hindustan Times, New Delhi | Byhindustantimes.com | Edited by Sparshita Saxena

Delhi cabinet decides to lower VAT on diesel from 30% to 16.75%

On May 4, the Delhi government had increased VAT on both petrol and diesel to 30% from 27% and 16.75%, respectively.
The CM said over 200,000 job vacancies have been posted in the portal and listed that 7,577 employers and 322,865 job-seekers were registered until Thursday morning.(Vipin Kumar/HT PHOTO)
The CM said over 200,000 job vacancies have been posted in the portal and listed that 7,577 employers and 322,865 job-seekers were registered until Thursday morning.(Vipin Kumar/HT PHOTO)
Updated on Jul 30, 2020 02:58 PM IST
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Hindustan Times, New Delhi | ByAbhishek Dey

Andhra hikes tax on petrol and diesel, says revenues have dried up

In April, the state had realised only Rs 1,323 crore through its own resources as against Rs 4,480 crore in April, 2019, which was 29.5% of the total expected revenue. Similar trends were also observed for May and June.
Opposition Telugu Desam Party lashed out at the Jagan government for increasing the VAT on fuel, calling it a “huge burden” on the people who have suffered heavily due to Covid-19. (Photo@AndhraPradeshCM)
Opposition Telugu Desam Party lashed out at the Jagan government for increasing the VAT on fuel, calling it a “huge burden” on the people who have suffered heavily due to Covid-19. (Photo@AndhraPradeshCM)
Updated on Jul 21, 2020 05:34 PM IST
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Hindustan Times, Hyderabad | BySrinivasa Rao Apparasu | Edited by Ashutosh Tripathi

Govt bans Vat 69, Smirnoff sale in Delhi for two years

Delhi government financial commissioner blacklisted the manufacturer— United Spirits Limited (USL) —for allegedly using duplicate barcodes and banned it from selling the brands in the national capital.
Delhi government financial commissioner blacklisted the manufacturer— United Spirits Limited (USL) —for allegedly using duplicate barcodes and banned it from selling the brands in the national capital.(HT FILE PHOTO)
Delhi government financial commissioner blacklisted the manufacturer— United Spirits Limited (USL) —for allegedly using duplicate barcodes and banned it from selling the brands in the national capital.(HT FILE PHOTO)
Updated on Sep 21, 2018 08:10 AM IST
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Hindustan Times, New Delhi | ByRicha Banka

Petrol price touches Rs 81 mark, diesel crosses Rs 73 in Delhi

elhi has the cheapest fuel rates among the four metros and most state capitals because of lower taxes.
A board displays the petrol and diesel prices at a petrol pump as the fuel prices soar, in Guwahati on August 28, 2018.(PTI)
A board displays the petrol and diesel prices at a petrol pump as the fuel prices soar, in Guwahati on August 28, 2018.(PTI)
Updated on Sep 13, 2018 07:16 PM IST
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PTI, New Delhi | By

Rajasthan govt reduced VAT on fuel under pressure after Congress bandh call: Sachin Pilot

On Sunday, Rajasthan chief minister Vasundhara Raje announced that the state will reduce VAT on diesel and petrol prices by four per cent.
State Congress president Sachin Pilot along with party leaders during a march in Jaipur on Monday, September 10, 2018.(Prabhakar Sharma / HT Photo)
State Congress president Sachin Pilot along with party leaders during a march in Jaipur on Monday, September 10, 2018.(Prabhakar Sharma / HT Photo)
Published on Sep 11, 2018 01:15 PM IST
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Jaipur | By, Jaipur
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