Additional Fuel Price Cuts Announced by BJP-Led States Prices can be found here.

Additional Fuel Price Cuts Announced by BJP-Led States Prices can be found here.

All of these states have cut the price of fuel by a total of 7 per litre, with the exception of Uttarakhand, which has lowered the VAT by a total of 2 per litre. The further relief will be announced soon by Himachal Pradesh.

Additional reductions in gasoline and diesel prices were announced on Wednesday in a number of states that are administered by the BJP. These include Assam, Tripura, Manipur Karnataka, Goa, Himachal Pradesh and Uttarakhand. Just a few hours before Diwali, the government announced a reduction in excise duty on petrol and diesel by a total of 5 and 10 per litre, respectively, in an effort to alleviate the burden of rising gasoline prices on families. Efforts to reduce prices will begin Thursday, November 4.

Both gasoline costs have been lowered by an additional 7 per litre in addition to the relief provided by the government of India. Uttarakhand’s Chief Minister Pushkar Singh Dhami announced on Wednesday that the state’s VAT on petrol would be decreased by a litre to 2 each. Jairam Thakur, the chief minister of Himachal Pradesh, has said that the state will shortly release a notification reducing VAT on gasoline and fuel.

“The central government’s decision to reduce excise duty on petrol and diesel is a direct result of the leadership of Prime Minister Shri Narendra Modi Ji. As of tomorrow, the Tripura government has also decided to decrease the price of gasoline and diesel by 7 “On Wednesday, Deb tweeted.

https://taxation.punjab.gov.in/ : Punjab Excise and Taxation Department

States have been pleading with the federal government for a long time to lower the Value Added Tax (VAT) on both gasoline and diesel, which have been steadily rising in recent months. Currently, the price of petrol has crossed the 120 per litre threshold in various states, while diesel has crossed the mark in three metros.

On Wednesday, the price of petrol in Delhi was 110.04 rupees a litre, while the price of diesel was 98.42 rupees. Diesel was priced at 106.62 per litre in Mumbai, while petrol was priced at 115.85 per litre.

https //sche.ap.gov.in : APEAPCET-2021 Admissions Important Dates

Crude oil prices have risen around the globe in recent months. As a result, gasoline and diesel prices in the United States have risen precipitously in recent weeks. According to a statement released by the government, “Today’s decision is likely to significantly stimulate the broader economic cycle.”