Within hours of the Union Budget announcing a hike in cess on auto fuel prices, petrol prices shot up by Rs 2.50/litre while diesel prices have gone up by Rs 2.30/litre.
Finance Minister Nirmala Sitharaman raised excise duty and road and infrastructure cess on the auto fuels by Rs 2 per litre each to raise over Rs 28,000 crore.
On Friday, a litre of petrol cost Rs 70.51 in Delhi and Rs 76.15 in Mumbai. Diesel was priced at Rs 64.33 a litre in Delhi and Rs 67.40 per litre in Mumbai.
Also, the finance minister levied Re 1 per tonne customs or import duty on crude oil. India imports more than 220 million tonnes of crude oil; and the new duty will give the government Rs 22 crore additionally.
https://www.indiatoday.in/budget-2019/story/budget-2019-petrol-diesel-prices-go-up-1562919-2019-07-05
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
Within hours of the Union Budget announcing a hike in cess on auto fuel prices, petrol prices shot up by Rs 2.50/litre while diesel prices have gone up by Rs 2.30/litre. Finance Minister Nirmala Sitharaman raised excise duty and road and infrastructure cess on the auto fuels by Rs 2 per litre each to raise over Rs 28,000 crore. On Friday, a litre of petrol cost Rs 70.51 in Delhi and Rs 76.15 in Mumbai. Diesel was priced at Rs 64.33 a litre in Delhi and Rs 67.40 per litre in Mumbai. Also, the finance minister levied Re 1 per tonne customs or import duty on crude oil. India imports more than 220 million tonnes of crude oil; and the new duty will give the government Rs 22 crore additionally. https://www.indiatoday.in/budget-2019/story/budget-2019-petrol-diesel-prices-go-up-1562919-2019-07-05