Diesel, petrol now cheaper in Karnataka as Siddaramaiah govt abolishes entry tax

News Network
July 2, 2017

Bengaluru, Jul 2: The diesel and petrol have become cheaper in Karnataka after the launch of GST as the chief minister Siddaramaiah led Congress government has abolished the entry tax.

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From July 1, diesel in Karnataka becomes the cheapest in south India. The new GST regime has indirectly benefited motor vehicles users as the state government announced abolition of 5% entry tax. This, in turn, lowered fuel prices further by Rs 2.8 per litre on diesel and Rs 3 per litre on petrol.

As on July 1, diesel price was the lowest in Mangaluru -Rs 53.65 per litre in the entire state, but in Bengaluru the price was Rs 54.23 per litre (Rs 57.08 per litre on Friday). These figures for Saturday were lower than in Hyderabad, Mumbai, Chennai, Thiruvananthapuram, Panjim and Puducherry. The cost of petrol per litre was lowest in Mangaluru, Rs 63.64, and in Bengaluru it was Rs 64.24 per litre on Saturday.

The Re 1 rise in Bengaluru fuel prices compared to Mangaluru is due to transportation cost from refineries in Mangaluru.

On June 29, the state government decided to abolish entry tax on fuel and reduced the tax payable by a dealer under Section 5 of the Karnataka Sales Tax Act, 1957 (Act 25 of the Act) which is 19% on diesel. For petrol, the sales tax was slashed by 30% and aviation fuel by 28%.

BR Ravindranatha, presi dent, Akhila Karnataka Federation of Petroleum Dealers, told STOI, "GST is a different thing altogether but the impact will be different in different states when it comes to diesel and petrol prices. Entry tax has been abolished by Karnataka but in a couple of neighbouring states, it has not been abolished. That's why the price of motor fuel has reduced drastically in Karnataka. Also, diesel is now cheapest in Karnataka among the southern states."

The move by the state government is a calculated one as it is timed around GST. The move has removed 5% entry tax on petrol, aviation fuel, motor spirit and piped natural gas each of which attracts sales tax of 30%, 28%, 19% and 5.5% respectively. The government of Karnataka hereby reduces with effect from first day of July, 2017, the tax payable by a dealer under section 5 of the Karnataka Sales Tax Act, 1957," a special gazette notification of the finance secretariat dated June 29, 2017 states. This 'tax payable' is entry tax, points out the Karnataka State Federation of Petroleum Dealers (KSFPD).

Hannulal R Tiwari, IOCL dealer from Vijayapura and vice-president of the federation, lauded Siddaramaiah's move to remove entry tax on petroleum products. The price of diesel per litre in Karnataka is now less approximately by Rs 2.50 compared to Tamil Nadu, Rs 3.50 from Maharashtra, Rs 1.50 from Goa, Rs 6 from Andhra Pradesh and Rs 4 from Telangana. Likewise, there has also been appreciable reduction in price of petrol, he adds. However, the price is different in five cities in Karnataka. In Mysuru, the price of petrol slipped by Rs 3.30 per litre and diesel by Rs 2.70 per litre. A litre of petrol cost Rs 63.98 and diesel Rs 54 as on July 1.

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News Network
April 29,2024

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Bagalkot, Apr 29: Prime Minister Narendra Modi on Monday accused the Congress of planning religion-based reservation in the country for the sake of vote bank politics but asserted that he will not let it happen.

He said this Congress proposal is to appease minorities as the SC/ST and OBC community is now with the BJP.

"In Karnataka, Congress has started a campaign to change the Constitution and to snatch away the rights of SC/ST and OBCs. Our Constitution does not accept religion-based reservation. But the Karnataka government has given part of OBC reservation to Muslims," Modi said.

Addressing a mega election rally in this district headquarters town, he said, "They (Congress) will not settle with this. They had earlier too in their manifesto said about coming out with a law to provide religion-based reservation. There is a similar signal in their manifesto this time."

"I want to make my Dalit, SC/ST and OBC brothers and sisters aware about Congress' intentions. These people on the basis of religion, to keep their vote bank safe, are planning to loot your right which was given by Babasaheb Ambedkar and the Constitution," he added.

Veteran BJP leader B S Yediyurappa, BJP candidates and MPs from Bagalkot (Bagalkot) and Vijayapura (Bijapur) - P C Gaddigoudar and Ramesh Jigajinagi, respectively - were among those present at the rally.

Noting that most of SC, ST and OBC MPs in the Parliament are from BJP, Modi said, "So they feel that as SC, ST and OBC are with BJP. To gain the trust of minorities, they want to loot from SC, ST and OBC and give it to minorities. Will you let this happen?"

"I want to guarantee today to my Dalit, Adivasi and OBC brothers and sisters. I will not let such intentions of Congress be successful. To protect your rights, your reservation, Modi will go to any extent. I'm assuring you this," he added.

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News Network
April 24,2024

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Campaigning for 14 Lok Sabha seats in Karnataka going to polls in the first phase on April 26 will come to an end on Wednesday evening.

A total of 247 candidates -- 226 men and 21 women -- are in the fray for this round of voting in most of the southern and coastal districts.

It is a straight electoral contest between the ruling Congress and the BJP-Janata Dal (Secular) combine in the State.

While the Congress is contesting in all 14 seats, BJP has fielded nominees in 11, and its alliance partner JD(S) in three -- Hassan, Mandya and Kolar.

Besides the three, the segments where elections will be held on Friday are: Udupi-Chikmagalur, Dakshina Kannada, Chitradurga, Tumkur, Mysore, Chamarajanagar, Bangalore Rural, Bangalore North, Bangalore Central, Bangalore South and Chikkballapur.

The intense campaigning for the past about a month saw Prime Minister Narendra Modi and Home Minister Amit Shah leading from the front for the BJP, holding rallies and roadshows. BJP President J P Nadda, some Union Ministers and Goa Chief Minister Pramod Sawant too pitched in.

Veteran BJP leader and former Chief Minister B S Yediyurappa and the party's state president B Y Vijayendra also campaigned extensively.

Congress president M Mallikarjun Kharge, senior leaders Rahul Gandhi and Priyanka Gandhi, Chief Minister Siddaramaiah and Deputy Chief Minister D K Shivakumar and Telangana Chief Minister A Revanth Reddy were among the prominent names who led the charge for the party.

And for the JD(S), it was the 90-year-old party patriarch and former Prime Minister H D Deve Gowda and former Chief Minister H D Kumaraswamy, who led the campaign.

Chikkaballapur has a maximum number of 29 candidates, followed by 24 in Bangalore Central and Dakshina Kannada has the least number - nine.

Kumaraswamy from Mandya, his brother-in-law and noted cardiologist C N Manjunath from Bangalore Rural on a BJP ticket, erstwhile Mysuru royal family scion Yaduveer Krishnadatta Chamaraja Wadiyar from Mysore, also from the BJP, and state Congress President Shivakumar's brother and MP D K Suresh from Bangalore Rural, are among the prominent candidates in the fray in the first phase.

The state has a total of 28 Lok Sabha segments. The remaining 14 constituencies, mostly in the northern districts, will go to polls on May seven.

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News Network
April 20,2024

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New Delhi: The Aam Aadmi Party on Saturday alleged that Delhi Chief Minister Arvind Kejriwal is being pushed towards a “slow death” inside Tihar jail by denying him insulin and consultations with his doctor.

Kejriwal, who has Type-2 diabetes, has been asking for insulin and a video conferencing with his family doctor but his requests are being denied by the jail administration, party spokesperson Saurabh Bharadwaj said in a press conference.

"I want to say with full responsibility that a conspiracy is underway for the slow death of Kejriwal," Bharadwaj claimed citing blood sugar readings of the Chief Minister in jail.

He also slammed the Tihar administration, BJP, Centre and Delhi LG for allegedly denying insulin to Kejriwal and said the Delhi Chief Minister had been suffering from diabetes for the last 20-22 years.

On Friday, the chief minister council Senior advocate Abhishek Singhvi said Kejriwal has not been administered insulin to control his sugar levels since his arrest, terming it “shocking” and “alarming”.

The ED had on Thursday claimed before the court that Kejriwal was eating food high in sugar like mangoes and sweets every day, despite having Type-2 diabetes, to create grounds for medical bail.

Kejriwal, however, refuted the ED’s claims by asserting before a court that the food he consumed was in conformity with the diet chart prepared by his doctor.

“Out of 48 meals sent from home, only three times mangoes were there…,” Singhvi told the court.

Bharadwaj said Kejriwal was allowed by the court to use a machine in the jail to monitor his daily blood sugar levels.

"Overall, it was a conspiracy to finish Kejriwal so his multiple organ damage and when he comes out of jail after 2-4 months he goes for treatment of kidney, heart and other organs," said Bharadwaj, who holds the portfolio of health in Delhi government.

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