Congress appeals party workers to ensure violence-free Bharat bandh

Petrol and Diesel prices go up again Check out rates on September 8 in metro cities

Petrol and Diesel prices go up again Check out rates on September 8 in metro cities

At least 21 opposition parties, led by the Congress, are participating in the "Bharat Bandh" to protest the rise in fuel prices in the country and depreciation of the rupee. Petrol price has risen by Rs 3.65 a litre and diesel by Rs 4.06 per litre - the biggest increase in rates witnessed in any month since the launch of daily price revision in mid-June previous year.

Among the 29 Indian states and the union territory of Delhi, Kerala has the ninth highest sales tax and other state levies on petrol at 30.37 per cent; it is highest in Mumbai at 39.12 per cent (down from 48.98 per cent early this year).

On September 10, 2018, the price of petrol being Rs 80.73, the percentage hike is 13, said the graphic posted by the saffron party's Twitter handle. BS Photo by Kamlesh Pednekar Hike in petrol price on the day oppn parties protesting shows govt's insensitivity: Akhilesh Samajwadi Party supremo Akhilesh Yadav said hike in prices of petroleum products on the day opposition parties staged "Bharat Bandh' shows government's "insensitivity" towards common people".

"Between 2014 and now, excise duty on petrol has risen by 211% and 433% on diesel". Because the price is built up by excessive taxes on petrol and diesel. In Kolkata, petrol costs Rs 83.61 and diesel Rs 75.68.

Since mid-August, petrol price has risen by over Rs 3.5 a litre and diesel by about Rs 4 per litre as rupee hit record low against the USA dollar, making imports costlier. "If taxes are cut, prices will decline significantly".


Fuel prices in Delhi are the cheapest among all metros and most state capitals due to lower taxes.

Mumbai has the highest Value-Added Tax of 39.12 per cent on petrol, while Telangana levies the highest Value-Added Tax of 26 per cent on diesel.

Nearly half of the fuel price is made up of taxes. This led to its excise collections from petro goods more than doubling in last four years - from Rs 99,184 crore in 2014-15 to Rs 2,29,019 crore in 2017-18.

The soaring prices are continuing to burn a hole in the pockets of commuters, one of whom feels he may have to avail bank loans to pay for fuel. So states get Rs 30 out of Rs 42 collected as taxes.

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