Amid cap on LPG cylinder, now the government has reduce the burden of common man, cutting price of LPG cylinder by Rs 37.50, while price of diesel for bulk consumers has been hiked by Rs 1 per litre. Read more
Tag: Oil Corporations
Review on oil prices likely today: Oil Corporations
Oil corporations’ decision of hike fuel prices revealed after today’s govt. clarification on decision of duty reduction and subsidy compensation.
A large amount of losses has revised by these State owned oil companies that around Rs 7.65 per litre on petrol sales, after increasing 20 %sales sale tax. While raised rates in Delhi is Rs 9.18 per litre.
Reasoning the retail selling price on fuel for their huge losses that demand hike fuel prices, they have demanded a cut in the Rs 14.35 a litre excise duty on petrol. Read more
