Price hiked first for petrol then for non-subsidised LPG
New Delhi : Hours after petrol and diesel prices were hiked on Tuesday night, the Union Government also raised the cost of non-subsidised cylinder by Rs 21 per unit. This comes after a sharp hike has been registered in global oil market.
Petrol prices were last night hiked by Rs 2.58 a litre and diesel by Rs 2.26 per litre. The price of non-subsidised 14.2 kg LPG cylinder has been raised by Rs 21 and will now cost Rs 548.50 in New Delhi.
"The current level of international product prices of petrol & diesel and rupee-dollar exchange rate warrant increase in price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision," Indian Oil said in a statement last night.
Government had hiked LPG prices for 14.2 kg cylinder in November last year.
Another tax which has been imposed on common man is 'Krishi Kalyan' cess of 0.5 per cent on service tax. This will be applicable for travellers using AC class rail tickets, freight and parcel. The new tax will not be applicable on non-AC and Sleeper class travel. Imposing Krishi Kalyan cess on service tax from June 1 was part of Railway's budgetary proposals.