Close X
Wednesday, December 4, 2024
ADVT 
India

High excise duties in Punjab hit fuel pump dealers

Darpan News Desk IANS, 27 Apr, 2022 10:59 AM
  • High excise duties in Punjab hit fuel pump dealers
 
"Successive governments in Punjab -- the Akalis and the Congress had been regularly increasing VAT on petrol and diesel, resulting in vast difference in petroleum prices in Punjab as compared to neighboring states," Monty Sehgal, spokesman for the Petrol Pump Dealers Association, Punjab, told IANS.

He said the rate difference of petroleum products with neighboring states is robbing the state government of its revenue, encouraging unscrupulous trade practices and of late, the emergence of oil mafia in the state.

Punjab is predominantly an agricultural state with majority of population living in rural areas. Forty-five per cent of total diesel consumed in Punjab is used in agriculture, 25 per cent in transportation, 20 per cent in industry and 10 per cent by retail consumer.

The consumption in terms of litres of petrol and diesel is showing a continuous downward trend in Punjab. "Sales of diesel in terms of litres have dropped by about 30 per cent in the last couple of years," he said.

The Punjab government, he said, is losing an estimated revenue of Rs 400 to 500 crore annually to its neighboring states due to business shift and the emergence of oil mafia due to massive rate difference with other states.

The worst affected districts include Pathankot, Ropar, Hoshiarpur, and Mohali.

MORE India ARTICLES

Delhi police arrests NRI agent for procuring fake Greece resident card

Delhi police arrests NRI agent for procuring fake Greece resident card
The accused, identified as Narender Sharma (53), was originally a resident of Dwarka in Delhi and was involved in arranging fake resident cards for people wanting to migrate to Schengen countries.

Delhi police arrests NRI agent for procuring fake Greece resident card

Rs 18,000 cr returned to banks from Mallya, Nirav & Choksi: Centre to SC

Rs 18,000 cr returned to banks from Mallya, Nirav & Choksi: Centre to SC
Solicitor General Tushar Mehta on Wednesday informed the Supreme Court that Rs 18,000 crore have been returned to the banks in the case of Vijay Mallya, Nirav Modi, and Mehul Choksi.

Rs 18,000 cr returned to banks from Mallya, Nirav & Choksi: Centre to SC

Major cocaine cartel busted in Delhi, drugs of Rs 10 cr seized

Major cocaine cartel busted in Delhi, drugs of Rs 10 cr seized
The Special cell of Delhi Police has busted an inter-continental syndicate of cocaine traffickers operating in a highly organized manner and recovered a massive 1,850 grams of contraband valued at approximately Rs 10 crore in the international market.

Major cocaine cartel busted in Delhi, drugs of Rs 10 cr seized

Punjab tops in arms seizure in last 3 years

Punjab tops in arms seizure in last 3 years
According to the data, Punjab tops in the seizure of arms on western border with 110 arms seized during this period whereas the total arms recovered on western border is 134. In the year 2019, seven arms were seized, 42 in 2020, 58 in 2021 and three till January 25 this year in Punjab.

Punjab tops in arms seizure in last 3 years

Dera chief Gurmeet Ram Rahim gets Z-plus security

Dera chief Gurmeet Ram Rahim gets Z-plus security
Rahim is on 21-day furlough from Sunaria jail and is camping in Gurugram. He will be getting 10 NSG security personnel for mobile security and eight security personnel for his residence security. The Haryana government's recommendation to grant the top layer security cover to the convicted sect leader comes following his request.

Dera chief Gurmeet Ram Rahim gets Z-plus security

Major power outages in Chandigarh as employees go on strike

Major power outages in Chandigarh as employees go on strike
Many residential and industrial parts of the city faced major power outages as employees of the Electricity Department went on a three-day strike from Monday night in protest against the privatisation of the department. Most of the places have been facing snapping of power since midnight.

Major power outages in Chandigarh as employees go on strike