TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Yogi Govt to End 6-Decade Wait, Grant Land to East Pakistan Hindu Refugees

    Yogi Govt to End 6-Decade Wait, Grant Land Titles to East Pakistan Hindu Refugees

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Pakistan Ranked Among the World's Weakest Passports in 2025

    Pakistan Ranked Among the World’s Weakest Passports in 2025

    60 Days or Less: H-1B Workers Face Deportation

    60 Days or Less: H-1B Workers Face Deportation Despite Legal Status

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    Ahead of PM Modi's visit, Cabinet approves free trade agreement between India and UK

    PM Modi to Sign Landmark Free Trade Deal With UK as Cabinet Gives Green Light

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    Apache: World’s Most Advanced Attack Helicopter Now in Indian Hands

    Apache Choppers Near Pakistan Border: A Strategic Game Changer for India

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    India-China Review Border Situation, Prepare for High-Level Boundary Talks

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    Pakistan Offers Protection—Only After 20 Chinese Nationals Die

    Pakistan’s Terror Problem Hits China, After 20 Deaths Shehbaz Makes Empty Promise on ‘Protection’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Yogi Govt to End 6-Decade Wait, Grant Land to East Pakistan Hindu Refugees

    Yogi Govt to End 6-Decade Wait, Grant Land Titles to East Pakistan Hindu Refugees

    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    Pakistan Ranked Among the World's Weakest Passports in 2025

    Pakistan Ranked Among the World’s Weakest Passports in 2025

    60 Days or Less: H-1B Workers Face Deportation

    60 Days or Less: H-1B Workers Face Deportation Despite Legal Status

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    What Can the Hindustan Zinc Share Price Tell Us About Strategic Resource Investing in India

    How to Choose the Best Bank to Open a Savings Account in 2025

    How to Choose the Best Bank to Open a Savings Account in 2025

    Ahead of PM Modi's visit, Cabinet approves free trade agreement between India and UK

    PM Modi to Sign Landmark Free Trade Deal With UK as Cabinet Gives Green Light

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    BSF Initiates Drone Warfare Upgradation After Operation Sindoor

    BSF Initiates Biggest-Ever Plan To Upgrade Drone Warfare Ecosystem After Operation Sindoor

    BITS Students Build Kamikaze Drones, Power Indian Army

    Kamikaze Drones from Campus Hostel : This is How Two BITS Students Deliver Combat-Ready Drones to Indian Army

    Apache: World’s Most Advanced Attack Helicopter Now in Indian Hands

    Apache Choppers Near Pakistan Border: A Strategic Game Changer for India

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    MiG-21 Fighter Jets to Be Retired from Indian Air Force Service by September

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Temple Row Sparks Fresh Violence Between Thailand and Cambodia

    Border Tensions Flare Again Between Thailand and Cambodia: Ancient Shiva Temple Dispute Turns Deadly

    India-China Review Border Situation, Prepare for High-Level Boundary Talks

    India, China Review Border Situation, Gear Up for High-Level Special Representative Talks

    Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    India-China Ties Back on Track? Delhi Reopens Tourist Visas for Chinese Citizens After 5 Years

    Pakistan Offers Protection—Only After 20 Chinese Nationals Die

    Pakistan’s Terror Problem Hits China, After 20 Deaths Shehbaz Makes Empty Promise on ‘Protection’

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Revisiting the MANUSMRITI: Why India’s Youth Must Study This Ancient Epic

    Echoes of the Cholas in Today’s Bharat

    Conqueror of the Seas: Rajendra Chola and the Rise of Naval Bharat

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    India Becomes First Country to Digitally Preserve Traditional Medicine Using Artificial Intelligence

    Highest RTP Casino Games to Get Better Wins

    Highest RTP Casino Games to Get Better Wins

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    How to Use Eyebrow Tinting Kits Like a Salon Expert

    One in Four Indian Married Couples Are Now Overweight

    ICMR Study: One in Four Indian Married Couples Are Now Overweight or Obese—Shared Lifestyle to Blame

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

Diesel is finally costlier than Petrol. An idea whose time came 50 years back is finally a reality

Good decision

Amit Agrahari by Amit Agrahari
24 June 2020
in Economy1
Petrol, Diesel
Share on FacebookShare on X

For the first time in the history of India, diesel prices surpassed petrol prices in Delhi. The opposition and critics started attacking Modi government for a change that should have come many years ago, given the fact customers are increasingly going for petrol or CNG vehicles. 

For the first time in the history of India, diesel costs more than petrol,– Diesel: ₹ 𝟳𝟵.𝟴𝟴 – Petrol: ₹ 79.76 Congratulations to 𝗕𝗝𝗣 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 on their new achievement,” tweeted Aam Aadmi Party (AAP). 

RelatedPosts

Now India controls West’s energy supplies

India is now the top exporter of Netherlands and Brazil is catching it fast

Historic: US is buying oil from India!

Load More

𝗙𝗼𝗿 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝘁𝗶𝗺𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗵𝗶𝘀𝘁𝗼𝗿𝘆 𝗼𝗳 𝗜𝗻𝗱𝗶𝗮, 𝗱𝗶𝗲𝘀𝗲𝗹 𝗰𝗼𝘀𝘁𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗽𝗲𝘁𝗿𝗼𝗹.

– Diesel: ₹ 𝟳𝟵.𝟴𝟴
– Petrol: ₹ 79.76

Congratulations to 𝗕𝗝𝗣 𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 on their new achievement.

— AAP (@AamAadmiParty) June 24, 2020

In general, the rise in taxes on petroleum is painful to the consumer but questioning equal prices of petrol of diesel is stupid. In the International market, the prices of petrol (known as Gasoline in West) and diesel have very little difference of one or two dollars, with diesel costing more most of the time. 

The price difference in the domestic market is due to different taxation. For the last seven decades, union government, as well as state governments, used to tax diesel less, as the usage of diesel is done primarily by the rural people.

As of now, the central government tax on petrol is 32.98 rupees per litre and 31.83 rupees per litre on diesel. If we take up prices of Delhi, where the rate of the diesel took over petrol prices today, the state tax on petrol and diesel is 17.71 and 17.60 rupees per litre respectively. Overall, 64% of the petrol price goes to tax kitty (central+ state), and 63% of the diesel price goes to the same, which means diesel is still taxed 1 per cent lower than petrol.  

There is a clear cut bias against urban consumers in keeping the taxes high on petrol, as the middle class has increasingly turned towards petrol or CNG vehicles in the last few years.

Only the rich people who drive SUVs, rural consumers and transporters use diesel vehicles. “It’s an affordability challenge in the COVID-times. People are trying to save money and spiralling diesel prices are making them change their decision to petrol. Most argue why to spend more money on vehicles, which are more expensive,” says Amit Kaushik, the Managing Director of Urban Science, a US-based consultancy firm. 

The government has to increase taxes on petrol if not diesel as it needs money for establishment spending.  

But, an increase in petroleum taxes would have hurt already suffering middle-class urban consumer, and therefore, the government decided to increase the taxes on diesel, as rural economy is believed to perform better this year. 

Farmers use diesel to run water tubewells in the ansence of electricity, and tractors- the primary equipment in modern farming has diesel engine. Most of the vehicles used by rural consumers have diesel engines, as they are better for rough terrains and poor roads. Mahindra and Mahindra, the largest seller of tractors which are primarily used in Indian villages is one of the largest manufacturers of diesel vehicles. 

The central government (which imposes excise duty on petroleum), as well as the state governments (which impose a sales tax or VAT), has increased taxes on petrol and diesel in the last few months in order to generate revenue. 

As two major sources of revenue for state and central government, direct taxes and GST, has dried up due to Corona virus-induced lockdown, the central government turned to excise on petroleum and state governments turned to sales tax on petroleum and alcohol to compensate for this. 

Tags: DieselPetrolPetroleum
Share54TweetSend
Previous Post

India set to bust China’s lies as Beijing’s claims of 1960 shatter its current claims over Galwan Valley

Next Post

China is eating into Nepal with over 33 hectares occupied, the Tibetisation of Nepal has begun

Related Posts

real estate
Economy1

India Retains Top Spot Among Global Investment Hubs for Land and Development Projects

11 June 2025

India has reaffirmed its position as one of the world's most attractive destinations for cross-border investment in land and...

Centre approves Rs 10,601 Crore for Assam’s Namrup-IV Fertilizer Project
Business

Centre approves Rs 10,601 Crore for Assam’s Namrup-IV Fertilizer Project

19 March 2025

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a proposal to establish a new brownfield ammonia-urea...

RBI Wins Digital Transformation Award 2025 by Central Banking, London, UK, PM Modi Congratulates the RBI
Business

RBI Wins Digital Transformation Award 2025 by Central Banking, London, UK, PM Modi Congratulates the RBI

16 March 2025

Commendable accomplishment: PM Modi hails RBI’s digital transformation award win New Delhi, March 16 (IANS) Prime Minister Narendra Modi...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

One Woman. Two Brothers. Jodidaran- A Living Example of Polyandry in Himachal's Hatti Tribe.

00:05:32

Lashkar-e-Taiba on the Run from Muridke: Is Bahawalpur Becoming Pakistan’s New Terror Capital?

00:07:26

Britain’s Million-Dollar Bird Finally Takes Off!

00:06:43

Maharashtra targets crypto christians. fake dalit quota scam exposed.

00:04:16

The Forgotten Maratha Legacy in Tamil Nadu

00:07:37
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap
MASHABLE IS A GLOBAL, MULTI-PLATFORM MEDIA AND ENTERTAINMENT COMPANY. FOR MORE QUERIES AND NEWS, CONTACT US AT info@mashablepartners.com


©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited