Tag: diesel

Mamata Banerjee announces tax cut on fuel

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Even as petrol prices soared to fresh record highs on Tuesday, Bangla Chief Minister Mamata Banerjee announced a Re 1 cut in price.

“For the time being, we have decided to slash one rupee for each litre of petrol and diesel. We also demand that the central government consider cutting down the cess on diesel and petrol prices,” the CM told reporters at Nabanna, the state secretariat.

She also attacked the centre saying that the BJP-led central government hiked excise duty nine times, even when the global crude prices were falling. “Our government has never increased the sales tax or cess during all these years,” she said.

“Our government is always pro-people. We will never take any decision that will harm the interests of the people,” she said.

Bengal CM slams Centre over LPG price hike

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Coming down heavily on the BJP, Chief Minister Mamata Banerjee on Saturday said the soaring prices of essential commodities will result in the middle-class being badly hit which will, in turn, become a question of their basic sustenance.

“The hike in fuel price will affect the kitchen while the rise in the price of petrol and diesel will hit the transport sector badly,” she told newsmen on Saturday. The Chief Minister also said that the price of cooking gas has skyrocketed without any rhyme or reason.

“Things are going beyond the reach of the middle-class. How can they make their both ends meet? How can they sustain,” she said and added: “But the Centre is not taking any measure to bring down the prices of petrol and diesel and that of the cooking gas.”

Mamata Banerjee has said over and again that the hike in the prices of petrol and diesel are affecting the transport sector badly. “The Centre is totally indifferent towards this problem faced by the common people,” she maintained.

Mamata Banerjee expresses deep concern over rising fuel prices

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Bengal chief minister Mamata Banerjee expressed deep concern over the sharp rise in petrol and diesel prices, saying it will affect common people.

“We are very concerned about the rising prices of petrol and diesel. This will certainly affect prices all around. Common people, farmers and many will suffer,” Mamata Banerjee said on her official Twitter handle.

It must be mentioned that while the price of petrol stood at Rs 76.57 a litre in Delhi on Monday, diesel hit Rs 67.82 a litre, reflecting a rise of 33 paise and 25 paise through Sunday respectively.

The price of petrol stood at Rs 79.24 in Kolkata, Rs 84.4 in Mumbai and Rs 79.47 in Chennai, as per the Indian Oil Corporation. As far as diesel is concerned, the price rose to Rs 70.37 in Kolkata, Rs 72.21 in Mumbai and Rs 71.59 in Chennai.

 

Rajya Sabha: Trinamool counters FM factually regarding VAT

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The Rajya Sabha today had a debate on the hike in the excise duty on petrol and diesel. In spite of international crude prices falling from 115$ per barrel to 35$ a barrel, the government has increased excise duty of fuel by 17 per cent, thus burdening the common man.

Taking part in the debate, the Union Finance Minister Mr Arun Jaitley said that States like West Bengal and Bihar increased VAT on petroleum goods in the last one year.

Leader of party in Rajya Sabha, Derek O’Brien countered Mr Arun Jaitley’s claim and said he was factually incorrect.

“Bengal did not raise VAT on petrol in the past one year. Bengal capped VAT rate in January, 2015,” he said. He also mentioned that the rate of tax on diesel in West Bengal is 17%, and the rate of tax on petrol is 25%.

Derek O’Brien also asked the Chair to set the record straight.