Search Results for: GST rates

hike-in-excise-duty-aimed-to-meet-budget-deficit-dharmendra-pradhan

Hike in excise duty aimed to meet budget deficit: Dharmendra Pradhan

New Delhi, Dec 03 (ANI): Petroleum minister Dharmendra Pradhan on Wednesday said that the government hiked excise duty on petrol and diesel for the second time in three weeks to shore up revenue to meet budget deficit without burdening the consumer. The government had on Tuesday raised excise duty on petrol by Rs.2.25 per litre and by Rs.1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being. Dec 3, 2014
a-life-of-servitude-the-modern-slaves-of-pakistan

A life of servitude: the modern slaves of Pakistan

An estimated two million men, women and children in Pakistan work for no pay, indebted for life, often for several generations -- modern-day slaves, prisoners of a system of debt where interest rates are so high they can never be met. Duration: 03:03 Dec 3, 2014
interest-rates-to-remain-unchanged-says-rbi

Interest rates to remain unchanged, says RBI

Mumbai, Dec 2 (ANI): The Reserve Bank of India (RBI) on Tuesday decided to keep interest rates unchanged and to stay focused on containing inflation. The RBI kept the repo rate at 8 per cent at its policy review, and there was no reduction. The reason for the interest rates being unchanged was because of the less than positive economic growth that was expected during Prime Minister Narendra Modi's first six months in power. RBI Governor Raghuram Rajan has reportedly kept the rates same, as a slowdown in economic growth was not as bad as earlier feared. Dec 2, 2014
petrol-price-cut-by-91-paise-and-diesel-by-84-paise-per-litre-with-effect-from-midnight

Petrol price cut by 91 paise and Diesel by 84 paise per litre with effect from midnight

New Delhi, Nov 30 (ANI): Petrol and Diesel prices are to be cut by 91 paise and 84 paise a litre respectively effective from Sunday midnight. Indian Oil Corp announced the reduction in the oil rates on Sunday. In Delhi, petrol price will cost Rs 63.33 a litre as compared to Rs 64.24 per litre previously while in Mumbai the reduction will be 96 paise to Rs 70.95 per litre. Diesel will cost Rs 52.51 a litre in Delhi from Monday as against Rs 53.35 currently while in Mumbai the price will be cut by 93 paise to Rs 60.11 per litre. Rates differ from state to state due to differential local sales tax or VAT rates. This is the seventh consecutive reduction in petrol prices since August and third in diesel rates since October. Meanwhile, the consumers credited the cut in prices to the Narendra Modi government. Nov 30, 2014
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