City
Epaper

Petrol, diesel remain most taxed products as consumers feel pinch

By IANS | Updated: February 17, 2021 14:30 IST

New Delhi, Feb. Feb 17 Fuel prices have started to pinch consumers harder as petrol has become costlier ...

Open in App

New Delhi, Feb. Feb 17 Fuel prices have started to pinch consumers harder as petrol has become costlier by nearly 3.75 per cent and diesel about 4.5 per cent in the last 17 days, since the announcement of the new agriculture infrastructure and development cess in Budget 2021-22.

The government has maintained that the new cess is tax neutral as excise duty on petrol and diesel has been brought down by the same level and it would not have an impact on retail prices of auto fuels. However, it is worth noting that since February 1

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologyIndian scientists explore potential cure for Alzheimer’s Disease using microRNAs

HealthIndian scientists explore potential cure for Alzheimer’s Disease using microRNAs

BusinessRoyal Stag BoomBox Originals Unveils Its Second Track 'Sajna Mera' with Neeti Mohan, Panther and Ravator

EntertainmentAnushka Shetty, Vikram Prabhu whip up a rebellion in Ghaati's explosive trailer; film to hit screens on Sept 5

BusinessRustomjee Group Deepens Its Sustainability Commitment with Landmark Plantation Drive at Kasara

Business Realted Stories

BusinessSafety is Air India's "unwavering commitment": CEO Wilson apprises Maharaja Club members about measures taken after AI171 crash

BusinessThe Akshaya Patra Foundation expands decade-long partnership with Texas Instruments India

BusinessGujarat's handloom sector records Rs 290 crore in sales for 2024–25: Govt

BusinessSave Medicinal Plants Now or Risk Our Future, Stresses National Medicinal Plants Board CEO

BusinessManipal Hospital Varthur Hosts Breastfeeding Awareness Event to Guide Families Through Early Parenthood