Low oil prices drove the growth in states' share faster than expected, says Abhishek Waghmare.
Petrol price on Saturday breached the Rs 83 per litre-mark in Delhi for the first time in more than two years after a rally in international oil prices forced a 13th increase in rates in the last fortnight. Petrol price on Saturday was raised by 27 paise per litre and diesel by 25 paise, according to a price notification of oil marketing companies. Petrol price in Delhi rose to Rs 83.13 per litre from Rs 82.86. Diesel rates went up from Rs 73.07 to Rs 73.32 per litre.
The retail selling price of petrol at Delhi would come down by Rs 1.82 a litre.
'GST gives a huge relief to small businesses of India and West Bengal.'
A combative Chief Minister Arvind Kejriwal, furious over the CBI raid at the Delhi Secretariat, has alleged that the day-long action by the probe agency was to look for an inquiry committee file relating to Delhi District Cricket Association that "traps" Union Finance Minister Arun Jaitley.
Finance Minister Arun Jaitley said the excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues.
Technical know-how means a body of accumulated knowledge and experience in any technical field for doing or executing a particular activity.
Trinamool Congress (TMC) supremo Mamata Banerjee on Saturday trained her guns on the Congress, saying that Prime Minister Narendra Modi will become more powerful as the grand old party is not serious about politics, and alleged that the country is suffering because that party does not take decisions.
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence.
In the sixth such hike in three months, petrol price has been increased by a steep Rs 2.35 per litre and diesel by 50 paise per litre on falling rupee and firming international oil prices.
This is the fourth increase in rates in six weeks
Ahead of the first meeting of the top decision-making body in nearly eight months, finance ministers of eight states ruled by non-Bharatiya Janata Party and like-minded parties -- Rajasthan, Punjab, Chhattisgarh, Tamil Nadu, Maharashtra, Jharkhand, Kerala and West Bengal -- have devised a joint strategy to press for a zero tax rate on Covid essentials, sources said.
This is the second straight increase in ATF price this month. Rates were hiked by a record 56.5 per cent (Rs 12,126.75 per kl) on June 1. Simultaneously, petrol and diesel prices were hiked for the 10th day in a row.
The Hindutva social media continues to present the DMK especially as anti-god, anti-Hindu and anti-Brahmin. The strategy did not work in the past, it has not worked in the present, and would not work in the future, as a massive vote-getter, asserts N Sathiya Moorthy.
Abhinav Mukund (84) and Baba Aparajith (87) shone as Tamil Nadu thrashed Tripura by 187 runs
Karnataka tax dept may attach assets of dealers; new retailers not being registered
It has hiked prices of diesel variants of Ciaz and Ertiga models with smart hybrid technology
Correcting a serious anomaly in the value added tax structure, an official committee on Monday prevailed upon Delhi, Rajasthan, Uttar Pradesh and Gujarat to maintain uniform tax rates on bullion.
Diesel price was on Monday hiked by 50 paise per litre, excluding VAT, with effect from midnight tonight.
Riding on e-commerce wave is the youngest state, which faces competition from neighbours.
Diesel, which is sold at Rs 53.67 a litre in Delhi, will cost Rs 53.77 after the hike in commission.
Tata Nano will have to improve sales in order to get Gujarat government's support.
Petrol price has been cut by 70 paise per litre with effect from midnight tonight.
Bedi, in a series of tweets, shared her plan to make the national capital more 'economically vibrant'.
The cigarettes segment had a revenue of Rs 4,554.21 crore during the second quarter of the current fiscal, as against Rs 8,528.47 crore in the year-ago period, down 46.56 per cent.
The current salary paid by the Delhi government amounts to 17 per cent of the total expenditure.
'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
The hike, effective Monday midnight, excludes local sales tax or VAT and the actual increase will be higher, varying from city to city.
These images will make you weep with pride.
Kerala's tax authorities are also reviewing other e-commerce companies for similar discrepancies, and might fine more defaulters.
The Centre would need the concurrence of 20 states out of 29 to impose a GST on petroleum
In Mumbai it now costs Rs 80.89 and in Delhi Rs 72.26.
Just so that you don't pay extra!
Just so that you don't pay extra!
The Congress took out marches and observed bandh at several places on Saturday to protest against rising fuel prices.
Kejriwal has shown once again that a political party once mandated to ensure governance cannot act the same way it did before assuming power.
Petrol price hiked by 60 paise per litre, diesel by 50 paise.
Petrol price has been cut by Rs 3.05 a litre.
Petrol price was tonight hiked by about 35 paise per litre in line with firming raw material cost.