Go Back   Team-BHP > BHP India > The Indian Car Scene


Reply
 
Thread Tools Search this Thread
Old 30th September 2015, 15:45   #5041
BHPian
 
Join Date: Feb 2006
Location: bangalore
Posts: 212
Thanked: 58 Times
Default Re: The Official Fuel Prices Thread

Quote:
Originally Posted by JD1 View Post
So what's the verdict going to be today? I believe crude price and $ was less volatile in last couple of weeks.
Saw a ticker in NDTV that Maharashtra government is introducing "drought tax" - 5% tax on petrol and other commodities that are not considered as essential - all the soft targets. So expect petrol prices to rise in MH !!
It seems to be for both petrol and diesel.
http://timesofindia.indiatimes.com/c...w/49167067.cms

Last edited by Aditya : 1st October 2015 at 10:33. Reason: Quoted text edited
m8002? is online now   Reply With Quote
Old 30th September 2015, 16:31   #5042
Distinguished - BHPian
 
sgiitk's Avatar
 
Join Date: Dec 2007
Location: Kanpur
Posts: 6,637
Thanked: 3,050 Times
Infractions: 0/1 (4)
Default Re: The Official Fuel Prices Thread

MH tax amounts to ₹2 per litre on both fuels. There are other measures as well. I expect some cut this time round, with the possibility of another in a fortnight. After all Bihar elections are on.
sgiitk is offline   (1) Thanks Reply With Quote
Old 30th September 2015, 17:56   #5043
Distinguished - BHPian
 
saket77's Avatar
 
Join Date: Dec 2012
Location: Ranchi
Posts: 2,947
Thanked: 2,829 Times
Default Re: The Official Fuel Prices Thread

JH Govt. hiked the VAT rate on fuel which has resulted in an increase in prices of petrol by Rs. 4.54 per litre. Now after the increase, VAT stands at 22% from the earlier 20%.

Initial proposal was also to hike diesel prices but probably that has been put on hold. The resultant increase in diesel would have been Rs. 4.21 per litre.

Currently (after the hike), petrol is retailing at 64.85 Rs/Ltr. in JH.

Regards,
Saket.
saket77 is offline   Reply With Quote
Old 30th September 2015, 18:35   #5044
BHPian
 
Cowardly Lion's Avatar
 
Join Date: Apr 2012
Location: New Delhi
Posts: 46
Thanked: 41 Times
Default

Similarly for Maharashtra- drought relief. They can all thank Saudi Arabia for this windfall. Good time for govt's to correct their fiscal conditions and/or come up with some good public friendly projects. As long as these amounts are utilised well ...
Cowardly Lion is offline   Reply With Quote
Old 30th September 2015, 23:07   #5045
BHPian
 
PatchyBoy's Avatar
 
Join Date: Nov 2007
Location: Earth
Posts: 822
Thanked: 1,174 Times
Default Re: The Official Fuel Prices Thread

Just in - Diesel prices hiked by ₹0.50. Petrol prices unchanged.

Source

Last edited by PatchyBoy : 30th September 2015 at 23:22.
PatchyBoy is offline   (1) Thanks Reply With Quote
Old 1st October 2015, 09:37   #5046
Distinguished - BHPian
 
sgiitk's Avatar
 
Join Date: Dec 2007
Location: Kanpur
Posts: 6,637
Thanked: 3,050 Times
Infractions: 0/1 (4)
Default Re: The Official Fuel Prices Thread

@PatchyBoy; Very much in line with data last fortnight - some profit on Petrol and a nominal 0.72 loss on Diesel. Also, LPG prices have been cut!
sgiitk is offline   Reply With Quote
Old 2nd October 2015, 18:14   #5047
Senior - BHPian
 
sumeethaldankar's Avatar
 
Join Date: May 2007
Location: Mumbai
Posts: 2,357
Thanked: 740 Times
Default Re: The Official Fuel Prices Thread

CNG prices to be reduced in Mumbai by a 1 rs or so.


http://timesofindia.indiatimes.com/c...w/49183539.cms
sumeethaldankar is online now   Reply With Quote
Old 15th October 2015, 19:08   #5048
BHPian
 
civic-sense's Avatar
 
Join Date: Dec 2009
Location: Bangalore
Posts: 601
Thanked: 533 Times
Default Re: The Official Fuel Prices Thread

TOI: Diesel price hiked by 95 paise per litre, no change in petrol rate
civic-sense is offline   Reply With Quote
Old 15th October 2015, 19:13   #5049
Distinguished - BHPian
 
sgiitk's Avatar
 
Join Date: Dec 2007
Location: Kanpur
Posts: 6,637
Thanked: 3,050 Times
Infractions: 0/1 (4)
Default Re: The Official Fuel Prices Thread

They are obviously trying to progressive deter diesels. However, until taxation is rationalised not much will happen.
sgiitk is offline   (1) Thanks Reply With Quote
Old 16th October 2015, 10:32   #5050
Senior - BHPian
 
longhorn's Avatar
 
Join Date: Nov 2009
Location: Chennai
Posts: 1,136
Thanked: 258 Times
Default Re: The Official Fuel Prices Thread

Quote:
Originally Posted by sgiitk View Post
They are obviously trying to progressive deter diesels. However, until taxation is rationalised not much will happen.
Doesn't seem to be the case if you look at the excise duty. It's around Rs 17.25 for petrol and somewhere between Rs 5 - 7.50 (can't recall the exact figure) for diesel. Moreover, if you look at the last few revisions(barring the current one and the one just before this), it was petrol rates that actually took the beating irrespective of whether prices got hiked or dropped. The gap between both fuels is still around 15-16 Rs now instead of being around Rs 10.
longhorn is offline   Reply With Quote
Old 16th October 2015, 11:18   #5051
BHPian
 
Join Date: Nov 2006
Location: Gujarat
Posts: 77
Thanked: 99 Times
Default Re: The Official Fuel Prices Thread

Quote:
Originally Posted by sgiitk View Post
They are obviously trying to progressive deter diesels.
I highly doubt that they are trying to deter diesels.

I think this is due to the ongoing elections in Bihar where there is a close contest. They don't want to give another point to the talking-heads. Diesel price rise does not directly impact most folks who are using 2 wheelers or petrol cars. Whereas petrol price increase will have a direct negative impact on those users.
sohu9 is offline   Reply With Quote
Old 16th October 2015, 22:47   #5052
Distinguished - BHPian
 
sgiitk's Avatar
 
Join Date: Dec 2007
Location: Kanpur
Posts: 6,637
Thanked: 3,050 Times
Infractions: 0/1 (4)
Default Re: The Official Fuel Prices Thread

If elections were the main consideration Diesel will not be hiked, instead Petrol will be loaded. Also, saves some fuel costs for canvassing!?
sgiitk is offline   Reply With Quote
Old 31st October 2015, 20:46   #5053
JD1
BHPian
 
Join Date: Aug 2011
Location: Bangalore
Posts: 231
Thanked: 134 Times
Default Re: The Official Fuel Prices Thread

Petrol price cut by 50 paise. No change in diesel price. Second time this month when petrol car owners came ahead - one of those rare months

http://economictimes.indiatimes.com/...w/49609110.cms
JD1 is offline   Reply With Quote
Old 31st October 2015, 21:26   #5054
BHPian
 
Join Date: Sep 2015
Location: Chennai
Posts: 477
Thanked: 1,068 Times
Default Re: The Official Fuel Prices Thread

Petrol price in Chennai revised to Rs. 61.95 with effect from midnight, diesel prices remain unchanged.

Last edited by Karthik Chandra : 31st October 2015 at 21:32.
Karthik Chandra is offline   Reply With Quote
Old 1st November 2015, 09:08   #5055
Distinguished - BHPian
 
sgiitk's Avatar
 
Join Date: Dec 2007
Location: Kanpur
Posts: 6,637
Thanked: 3,050 Times
Infractions: 0/1 (4)
Default Re: The Official Fuel Prices Thread

I think these price revisions twice a month are becoming pretty routine and old hat. Maybe this thread should be discontinued.
sgiitk is offline   (1) Thanks Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
BMW to drop prices due to increased localisation. EDIT: New prices announced Aditya The Indian Car Scene 38 10th July 2015 21:19
Have official pioneer HU prices fallen? greenhorn In-Car Entertainment 3 11th January 2010 01:36
Hyundai Cut prices- New detailed prices. harry10 The Indian Car Scene 5 9th December 2008 00:45
Are these good prices for Tata\Fiat vehicles? Corporate Offer Prices sahakar The Indian Car Scene 15 8th July 2008 23:03


All times are GMT +5.5. The time now is 09:32.

Copyright 2000 - 2016, Team-BHP.com
Proudly powered by E2E Networks