New Delhi: In a shocking news, Petrol and diesel rates were further hiked across the four metro cities on Sunday. This means that fuel prices hit further record highs on Sunday.
A litre of petrol now costs Rs. 80.50 in New Delhi, Rs. 83.39 in Kolkata, Rs. 87.89 in Mumbai, and Rs. 83.66 in Chennai, according to IOC's website.
A litre of diesel costs Rs. 72.61 in New Delhi - the highest ever. In Kolkata, diesel is priced at Rs. 75.46/ litre, in Mumbai Rs. 77.09/ litre, and Rs. 76.75/ litre in Chennai.
Petrol and diesel prices are raised on a daily basis according to global crude oil prices and the movement of the rupee against the US dollar.
"The fuel price hike mainly is due to the depreciation of rupee against the dollar. Petrol and diesel should come under the purview GST and I accept that people are facing problems. Once petrol and diesel are brought are GST, everyone will be benefited," said Union petroleum and natural gas minister Dharmendra Pradhan on Friday, according to a report by ANI. Petrol and diesel prices do not come under the purview of the Goods and Services Tax (GST).
The Centre currently levies a total of Rs. 19.48 per litre of excise duty on petrol and Rs. 15.33 per litre on diesel. On top of this, states levy Value Added Tax (VAT) - the lowest being in Andaman and Nicobar Islands where a 6 per cent sales tax is charged on both the fuels.
Mumbai has the highest VAT of 39.12 percent on petrol, while Telangana levies the highest VAT of 26 percent on diesel. Delhi charges a VAT of 27 percent on petrol and 17.24 percent on diesel.
Mumbai, Feb 19: Nagraj Manjule who gave Marathi cinema its biggest blockbuster with 'Sairat', is now all set to step into Bollywood with his first Hindi feature film. The movie titled 'Jhund' stars me ..Written by : SMTV24x7 | 01:03 PM
Mumbai, Feb 19: It is well-known news that, Politician Navjot Singh Sidhu was sacked by the Sony TV from The Kapil Sharma Show after his comments on Pulwama terror attack. Now the show host Kapil ..Written by : SMTV24x7 | 12:38 PM
New Delhi, Feb 19: The Foreign Office said on Tuesday that Pakistan has sought the United Nation's urgent intervention to "defuse tensions" with India. On February 14, at least 41 Central Reserve P ..Written by : SMTV24x7 | 12:27 PM
New Delhi, Feb 19: Over the Pulwama terror strike, Grand Old Party lashes out on the Government alleging "huge security lapses", and asked Prime Minister Narendra Modi to "walk the talk". 42 Centra ..Written by : SMTV24x7 | 11:30 AM
Hyderabad, Feb 19: TRS working president K.T. Rama Rao and former minister T. Harish Rao will not find a place in the Cabinet, which will be expanded at 11.30 am on Tuesday. Chief Minister K. Chand ..Written by : SMTV24x7 | 10:08 AM
Here is the latest news that, A college professor in Guwahati has been arrested by police after her remarks on Indian armed forces following the Pulwama terror attack. Coming to details, Papri Bane ..Written by : SMTV24x7 | 09:10 PM
Amaravati, Feb 18: Telugu Desam Party MLC Buddha Venkanna has made sarcastic comments on opposition party leader YS Jagan Mohan Reddy here on Today and saying that if biopic will be made on YS Jagan i ..Written by : SMTV24x7 | 07:51 PM
Guntur, Feb 18: Andhra Pradesh Chief Minister Chandra Babu Naidu has suggested to Andhra People that they have to criticize the leaders, who left the party recently. During the celebration of Kondavee ..Written by : SMTV24x7 | 07:21 PM
Mumbai, Feb 18: Zoya Akhtar directed movie Gully Boy released on February 14, Thursday and it has already registered several milestones. The Ranveer Singh and Alia Bhatt starrer opened to an impressiv ..Written by : SMTV24x7 | 06:08 PM
New Delhi, Feb 18: CCI Secretary Suresh Bafna said that India should not play against arch-rivals Pakistan in the upcoming Cricket World Cup, which is going to be played in England and Wales from May ..Written by : SMTV24x7 | 05:56 PM
Hyderabad, April 12: Nagarjuna's song "Ninnu Roddu Meeda Chusnadi Laggayithu" one of the most popular songs in 1990's. The Song has got a tremendous response in that time. The SOng was super hit film ..Written by : SMTV24x7 | 05:04 PM
Hyderabad, Apr 10: Preparations related to NTR Rama Rao biopic are ongoing. Bala Krishna is playing the role of NT Rama Rao while the rest of the cast has to be finalized. The selection process for th ..Written by : SMTV24x7 | 02:13 PM
Hyderabad, Apr 03: Power star Pawan Kalyan has congratulated on the hit of Rangasthalam team here on today. Pawan spoke to Charan after watching "Rangasthalam" on the special screen, he told that h ..Written by : SMTV24x7 | 04:47 PM
Hyderabad, Mar 26: The Tollywood Gorgeous actress Anushka Shetty had a fabulous start to 2018 with the solid success of Bhaagamathie. Although there have been several rumors on her future projects ..Written by : SMTV24x7 | 03:04 PM
Andhra Pradesh, Feb 19: In a shocking incide ..
New Delhi, Feb 19: In a joint appeal, Jammu a ..
New Delhi, Feb 19: Corps Commander of Chinar ..
New Delhi, Feb 19: Over the Pulwama terror st ..
Mumbai, Feb 19: Putting an end to all the str ..
Here is the latest news that, A college profe ..
New Delhi, Feb 18: Here is the latest news th ..
Mumbai,Feb 18: For the seat sharing in the up ..
New Delhi, Feb 18: Congress leader Navjot Sin ..
New Delhi, Feb 18: Darbhanga MP and former In ..
New Delhi, Feb 19: The Foreign Office said on ..
New Delhi, Feb 18: India on Monday accused Pa ..
New Delhi, Feb 18: When searched for 'Best To ..
New Delhi, Feb 18: The military options witho ..
Italy, Feb 16: France’s ambassador returned ..
Nigeria, Feb 16: Nigerians awakened on Saturd ..
Bengaluru, Feb 15: On the 6th of February, at ..
New Delhi, Feb 15: Countries from across the ..
Washington, Feb 15: The White House asked Pak ..
Srinagar/New Delhi, Feb 15: The car that forc ..
Jaipur,Feb 19: The Rajasthan Cricket Associa ..
New Delhi, Feb 18: CCI Secretary Suresh Bafna ..
Dubai, Feb 18: Kusal Perera's heroics in the ..
Veteran West Indies batsman Chris Gayle has a ..
New Delhi, Feb 16: Hanuma Vihari, on Friday, ..
Kingsmead, Feb 16: Debutant spinner Lasith Em ..
While director Kabir Khan could not envision ..
Sri Lanka arrived in South Africa a beleaguer ..
India smashed out another comprehensive perfo ..
Pakistan beat Afghanistan by three wickets he ..
San Fransisco: The Giant Smartphone manufactu ..
Are you passionate about cooking, then grab t ..
New Delhi, Sep 03: In a good news for smartph ..
New Delhi, Aug 22: Xiaomi is one of the most ..
San Francisco, Aug 21: In a shocking news, Am ..
Ingredients: 1/2 Cup Penne Pasta 1 Tbsp ..
New Delhi, Aug 16: In a good news, Jio Phone ..
New Delhi, Aug 15: In a good news for Jio use ..
New Delhi, Aug 13: We all knew that, the fort ..
Hyderabad, Aug 13: Here is the good news for ..