Amid the uproar over high petrol and diesel prices even as the international crude oil prices have remained much lower due to high excise duty, the government has told the Parliament that the price of one litre of petrol is only Rs 34 a litre before tax and dealer commission.
Minister of State for Finance Shiv Pratap Shukla gave details of prices of petroleum products in a written reply to the Lok Sabha, in which he said that incidence of taxes and dealers commissions work out to be 96.9% in case of petrol and 60.3% for diesel, news agency PTI reported.
According to his reply, petrol will cost only Rs 34.04 per litre and diesel only Rs 38.67 per litre without any tax and dealer’s commission. Read More
Latest posts by Financial Express (see all)
- Indian Railways trains in North-east get an upgrade! No more stinking toilets; look forward to better coaches - August 23, 2019
- Delhi Metro issues tenders for Aerocity-Tughlaqabad stations; 3-layer Mehrauli transport corridor to come up - August 23, 2019
- IBC can’t resolve power sector crisis, but ARCs can, says Union power secretary SC Garg - August 23, 2019