Update Petrol price cut by 91 paise/litre, diesel by 84 paise

[DashMajor]

Rs. 84.42 Per Liter, Branded or Normal Mazi Bro. ?

 

[IndianMascot]

How?

Due to difference in PKR and INR.

 

[Mazi]

1 INR = 1.7 Pkr

That is why we can say that prices are less in Pakistan as compare to India

 

[timkamat]

Excise duty being hiked for Petrol and Diesel from tonight. So price getting hiked again?

 

[Ras Al Ghul]

Excise duty being hiked for Petrol and Diesel from tonight. So price getting hiked again?

Temporarily.As prices in international markets have dropped even lower since this thread was open prices will drop again maintaining a status quo.

If the govt. Had not increased excise duty twice petrol prices will be near 65rs.

 

[NinadG]

Its bad that govt hiked duty on Petrol and Diesel. So govt is not ready to pass full benefit to users.
Its bad to raise money from petro duty to fill budget deficit.

 

[SUNIEL]

Excise duty being hiked for Petrol and Diesel from tonight. So price getting hiked again?

This will back when goes hike during election

Its bad that govt hiked duty on Petrol and Diesel. So govt is not ready to pass full benefit to users.
Its bad to raise money from petro duty to fill budget deficit.

 

[Mazi]

Main concern is that whenever patrol prices hiked, all other things prices increased automatically

But those prices does not reduced with the reduction of Patrol prices.

Government departments who are responsible for check and balance of price and not working properly.

 

[IndianMascot]

That's what I also feel. Even if petrol prices came down, it doesn't benefit us fully.

 

[DashMajor]

Only thing impact local goods and transport is Diesel prices but Govt. not taking bold decisions against Diesel Car Owners. Car Owners should pay extra and transporters less, also Industries taking advantages so its should be prevented immediately. Jaitely already announced to stop subsidize cylinder from class people this should be implemented ASAP.