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Sunday Jan 29, 2023

Petrol-Diesel Rate | Relief to the public! Petrol-diesel became cheaper in Maharashtra after 96 days, know where the oil prices have decreased?


petrol diesel

File pic

New Delhi. Whereas in the international market, the prices of crude oil are showing a decline today. At the same time, due to this, now in many states of India, there has been a decline in the prices of Petrol-Diesel (Petrol-Diesel Rates) after about 90 days. Today, where Brent crude is trading at $ 84.98 per barrel, down $ 0.94 (1.09%). At the same time, WTI is selling at $ 79.13 per barrel, falling by $ 0.35 (0.44%).

Similarly, like everyday, even today, government oil companies have released new prices of petrol and diesel in the country. At the same time, changes in the prices of petrol and diesel are being seen in many states of the country.

In such a situation, the price of petrol in Maharashtra has decreased by 57 paise to Rs 105.96 per liter today. Whereas diesel has fallen by 54 paise and is being sold at Rs 92.49 per litre. Along with this, fuel has now become cheaper in Madhya Pradesh as well. Here petrol has fallen by 30 paise and is being sold at Rs 109.70 per liter and diesel by 28 paise at Rs 94.89 per litre.

Although there has been no change in the price of petrol in UP, diesel has definitely become cheaper by 25 paise here after about 96 days. Similarly, petrol has become cheaper by 44 paise and diesel by 41 paise in West Bengal. On the other hand, talking about metros, the prices of petrol and diesel have increased slightly in Chennai. Fuel is a bit costlier today in most of the states in South India.

Have a look at the prices of petrol and diesel in the four metros:

City

petrol

diesel

Delhi

96.72

89.62

Mumbai

105.96

92.49

Kolkata

106.82

93.49

Chennai

102.73

94.33

Petrol-diesel prices change every morning at 6 am:

Significantly, now the prices of petrol and diesel change every day at 6 am. Their new rates come into force from 6 am onwards. Explain that after adding excise duty, dealer commission and other things to the price of petrol and diesel, its price now almost doubles.

On the basis of these standards, now the oil companies do the work of fixing the petrol rate and diesel rate daily. On the other hand, those running dealer-petrol pumps sell petrol-diesel at retail prices after adding taxes earned and their own margins at the end of the consumers. All this cost is also added to the petrol rate and diesel rate.

Know how much is the rate of petrol and diesel in your city today:

Now you can also know the price of petrol and diesel through SMS. According to Indian Oil’s website, you need to send RSP and your city code to 9224992249. Please tell that the code of each city is different, which you will get easily from the website of IOCL.



Tax Reduction | Big decision of Modi government! After crude oil, now diesel-aircraft fuel also reduced unexpected tax


atf fuel

Pic: Social Media

New Delhi. The central government has reduced the unexpected tax on diesel and aviation fuel (Diesel and ATF) today i.e. on Friday. At the same time, according to the government notification, the tax on export of domestic crude oil has been reduced to Rs 1,700 per tonne from the existing Rs 4,900 per tonne. At the same time, the tax on aviation fuel (ATF) has been reduced from Rs 5 per liter to Rs 1.5 per litre.

It may be noted that earlier, on November 1, the central government had announced a cut in windfall profit tax on domestically produced crude oil. However, then there was also a hike on exports of diesel and aviation fuel (ATF).

At the same time, according to the notification issued by the government, the windfall tax on domestically produced crude oil by petroleum companies like ONGC was reduced from Rs 11,000 per tonne to Rs 9,500 per tonne. This deduction came into effect from last November 2, 2022.

At the same time, on July 1, 2022, the central government had announced the imposition of windfall profit tax on petroleum products. Although at that time this tax was imposed on diesel and ATF along with petrol. But then in the subsequent review, petrol was taken out of its purview. With this, the tax on export of crude oil has now been reduced to Rs 1,700/tonne from the existing Rs 4,900/tonne. At the same time, the tax on aviation fuel (ATF) has been reduced from Rs 5/litre to Rs 1.5/litre.



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