Sunday, July 3, 2022
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

Petrol price in Delhi to get cheaper by Rs 8 per litre as govt slashes VAT to 19.40%

Jaleel M. by Jaleel M.
December 1, 2021
in Business
0
Petrol price in Delhi to get cheaper by Rs 8 per litre as govt slashes VAT to 19.40%
0
SHARES
20
VIEWS
Share on FacebookShare on Twitter


The decision was taken in a meeting of the Delhi cabinet chaired by Chief Minister Arvind Kejriwal on Wednesday

Related posts

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

May 18, 2022
How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

May 17, 2022

Petrol price in Delhi to get cheaper by Rs 8 per litre as govt slashes VAT to 19.40%

Representative image. ANI

The Delhi government on Wednesday decided to reduce the Value-Added Tax (VAT) on petrol, bringing down the price of the fuel in the city by about Rs 8 per litre. The decision was taken in a meeting of the Delhi cabinet chaired by Chief Minister Arvind Kejriwal on Wednesday. With this, the petrol price is all set to reduce in the national capital. The new rates would be effective from midnight today.

At a cabinet meeting chaired by Kejriwal, it was decided that the VAT on petrol will be reduced from the present 30 percent to 19.4 percent, leading to a cut of around Rs 8 per litre, officials said.

The price of petrol after the VAT cut will go down from the current Rs 103 per litre to Rs 95 per litre, sources told PTI.

The petrol price in Delhi was higher as compared to the NCR cities in Uttar Pradesh and Haryana, where the state governments had announced a VAT cut following the Centre reducing the excise duty on fuel prices.

To control the rising fuel prices in the country, the Centre had on the eve of Diwali, announced excise duty cut on fuels resulting in a sharp decrease in petrol and diesel prices across the country. The government had cut the price of petrol by Rs 5 and that of diesel by Rs 10. Following this decision, several states, mostly ruled by National Democratic Alliance (NDA) and allies have also cut the Value Added Tax (VAT) on petrol and diesel prices.

Meanwhile, fuel prices remained unchanged for the 27th consecutive day on 1 December after the Centre cut the excise duty to bring down retail rates from record highs.

With inputs from PTI



Source link

Previous Post

Banks to remain shut for 12 days in December; check complete list here

Next Post

Sensex rises by 619 points, Nifty ends at 17,166; check top winners and losers here

Next Post
Sensex rises by 619 points, Nifty ends at 17,166; check top winners and losers here

Sensex rises by 619 points, Nifty ends at 17,166; check top winners and losers here

Leave a Reply Cancel reply

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

RECOMMENDED NEWS

Barcelona Manager Quique Setien Says Club Hasn’t Informed Him About Arthur Melo’s Departure

Barcelona Manager Quique Setien Says Club Hasn’t Informed Him About Arthur Melo’s Departure

2 years ago
Sensex rises by 454 points, Nifty ends at 17,536; check top winners and losers here

Sensex rises by 454 points, Nifty ends at 17,536; check top winners and losers here

7 months ago
Union Budget 2021: Business-as-usual for agriculture when a change in orientation was much-needed

Union Budget 2021: Business-as-usual for agriculture when a change in orientation was much-needed

1 year ago
Liverpool Win Premier League To End 30-Year Title Drought

Liverpool Win Premier League To End 30-Year Title Drought

2 years ago

FOLLOW US

  • 114 Followers
  • 29.5k Followers
  • 172k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    0 shares
    Share 0 Tweet 0
  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • Salted vs. Unsalted Pistachios

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In

Terms and Conditions - Privacy Policy