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After months of rise in petrol and diesel prices, the Central government provided Diwali relief from fuel costs and announced cuts on petrol and diesel prices on the eve of the festival.
India on Wednesday reduced the rate of basic custom duty and cess imposed on import of various edible oils, effective from Thursday.The move comes after international prices of soyabean, sunflower seed, crude palm, and RBD Palmolein based ...
India on Wednesday slashed its base import tax on crude palm oil, crude soyoil and crude sunflower oil to zero from 2.5%, as the world’s biggest vegetable oil buyer tries to cool near-record price rises. The south Asian country also reduced Agriculture Infrastructure and Development Cess (AIDC) on crude palm oil imports to 7.5% from ...
Fuel prices soon to score a century Fuel prices soon to score a century BySridhar VivanSridhar Vivan / Updated: Jun 16, 2021, 06:00 IST Per litre diesel Rs 92.52; fuel dealers face people’s wrath Bengaluru is all set to score a ‘tonne’ as far as petrol prices are concerned. On Tuesday, the petrol was sold for Rs 99.63 while diesel for Rs 92.52 per litre. Petroleum dealers said that at this rate, the city may soon enter into the infamous ‘Rs 100 club’ shortly. The increase in fuel prices is not only burning the vehicle users’ pocket but it’s also raising the cost of various o...
LAHORE: With a desire to increase revenues immediately economic planners impose measures without bothering to evaluate their impact on overall economy, job losses, and eventual fall in revenues....