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Sunday
June 2019
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News Headlines
Protesting doctors turn down Mamata''s invite for talks, say CM has to apologise first        China supports suspension of Hong Kong''s controversial extradition bill after massive protests        Seven sustain burn injuries as bus catches fire in road accident        CM to raise Kerala''s objection in Niti Aayog meet over handing over Intl Airport to Adani group        Finch''s 153 sets up Australia''s 87-run win over Sri Lanka        Coutinho brace fires Brazil to 3-0 win over Bolivia in Copa America opener        India, SCO members unite to condemn terrorism in Bishkek Declaration        Agitating doctors decline Mamata''s invite for talks        Cyclone Vayu to recurve again; likely to hit Kutch next week        UK court sets Feb 2020 timetable for Assange US extradition trial        Trump blames Iran in tanker blasts, says sea lane not at risk        ENG Pacers, Root set up England''s overwhelming eight-wicket win over West Indies        Tendulkar sues Australian bat manufacturer for $2 mn in royalties        Lee Chong Wei, badminton's beloved nearly man        No pressure as only 1.5 billion people expecting India to win World Cup: Hardik        India ad spend likely to be Rs 697 billion in 2019: Report        No debate set for Hong Kong bill after protests        Trump says would take foreign info on 2020 presidential opponent        Delhi court sends member of Pak-based terror outfit to 5-day NIA custody        Congress pays tributes to 13 people killed in AN-32 crash        
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Business News
Petrol, Diesel Prices To Rise In Karnataka As State Hikes Fuel Taxes
 
(BENGALURU, Jan06, 2019): The Karnataka coalition government increased the state tax on petrol and diesel by 2 per cent with effect from January 1, said an official statement on Saturday.
"As the fuel prices declined after fall in crude oil rates in the overseas market since November, the state tax has been revised 2 per cent to 32 per cent on petrol and to 21 per cent on diesel since January 1, 2019," said a statement by the chief minister's office here.

The state government had on September 17 reduced its tax on petrol to 28.75 per cent from 32 per cent and diesel to 17.73 per cent from 21 per cent in a bid to give relief to the people from on soaring international crude oil prices.

"The Union government also reduced on October 5 central excise duty on petrol and diesel by Rs. 1.5 per litre and directed the state-run oil marketing firms to cut petrol and diesel by Re 1 per litre for sparing the public from higher cost," recalled the statement.


In the state budget for this fiscal (2018-19), Chief Minister H.D Kumaraswamy, who also holds the finance portfolio, increased the state tax on petrol by 2 per cent to 32 per cent from 30 per cent and on diesel to 21 per cent from 19 per cent with effect from July 15 despite protests and public resentment.

The increase in the state tax, however, drew flak from the opposition BJP, whose legislator Arvind Limbavalli from the city's northeast Mahadevapura assembly segment termed it a daylight robbery by the son (Kumaraswamy) of the soil and his holy government.

"While the central government is working on reducing the price of petrol and diesel @hd_kumaraswamy's government has increased tax on them by Rs. 1.60 per litre. Tell me one good thing this government has done to Kannidagas in the last 6 months (since it came into being in May)," said Limbavalli in a tweet.


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KERALA NEWS
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INTERNATIONAL NEWS
China supports suspension of Hong Kong''s controversial extradition bill after massive protests
 Beijing: China on Saturday said it supports the Hong Kong leader''s decision to suspend a controvers
UK court sets Feb 2020 timetable for Assange US extradition trial
Trump blames Iran in tanker blasts, says sea lane not at risk
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NATIONAL NEWS
Protesting doctors turn down Mamata''s invite for talks, say CM has to apologise first
 Kolkata: Striking junior doctors turned down Chief Minister Mamata Banerjee''s invitation for a meet
Agitating doctors decline Mamata''s invite for talks
Cyclone Vayu to recurve again; likely to hit Kutch next week
Delhi court sends member of Pak-based terror outfit to 5-day NIA custody
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