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Govt raises LPG price for all categories; special excise duty on petrol, diesel

Times of India LogoTimes of India5h ago

Govt raises LPG price for all categories; special excise duty on petrol, diesel - Times of India

Quick Summary:

The government has increased LPG prices for all categories, including Ujjwala beneficiaries, and raised the special additional excise duty on petrol and diesel by Rs 2 per litre.

By opting to tweak the SAED, the Centre has ensured it will not have to share the proceeds with the states, which would have been the case if had tinkered with the basic excise duty.

According to ICRA’s Prashant Vashisht, marketing margins of oil companies will remain healthy despite higher SAED, as crude is expected to remain depressed in the wake of Donald Trump’s tariff war.


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Article Details

Author / Journalist: Sanjay Dutta

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 02:51:40 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 694 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27675016

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 35 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://beamstart.com/news/govt-raises-lpg-price-for-17440535412883

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