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Tag: costlier

  • LPG cylinder new price: New update! LPG cylinder costlier by

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    LPG Price Hike: Oil companies have increased the prices of gas, giving a big blow to the consumers. The prices of both commercial and domestic gas cylinders have increased.

    Domestic gas prices have increased after eight months. The rate of domestic cylinder has been increased by Rs 50, while the price of commercial cylinder has increased by more than Rs 350.

    Let us tell you that there was no increase in the price of gas last month. Commercial gas cylinders were getting cheaper in recent months. As far as LPG prices are concerned, domestic LPG cylinder prices were stable since 6 July 2022. Now after two months, the price of commercial gas cylinder has increased by Rs 350 at once.

    What is the new price of gas cylinder

    LPG Cylinder New Rate After the price hike, commercial LPG cylinder in Delhi will be available for Rs 2119.5 instead of Rs 1769. Its price in Kolkata has increased from Rs 1870 to Rs 2221.5 now. Gas cylinder in Mumbai has increased from Rs 1721 to Rs 2071.50 now. In Chennai, the cylinder will now be available for Rs 2268, earlier it was Rs 1917.

     

    New rate of domestic cylinder

    In Delhi, 14.2 kg domestic LPG cylinder will be available for Rs 1103 instead of Rs 1053 from today. Its price in Mumbai will be Rs 1102.5 instead of Rs 1052.50. If we talk about Kolkata, instead of 1079, now the cylinder will come in 1129 rupees. In Chennai it will be available for Rs 1118.5 instead of Rs 1068.50.

    Domestic LPG prices vary from state to state due to local taxes. Retail fuel sellers revise LPG cylinder prices at the beginning of every month. The government provides 14.2 kg cylinders to eligible families at subsidized rates. Under the Direct Benefit Transfer scheme, consumers get LPG cylinders at a subsidized rate. However, the subsidy depends on several factors like foreign exchange rates, crude oil prices.

    Domestic LPG cylinders are available at this rate today in these cities

    • Patna 1201
    • Leh 1299
    • Aizawl 1260
    • Srinagar 1219
    • Kanya Kumari 1187
    • Andaman 1179
    • Ranchi 1160.5
    • Shimla 1147.5
    • Dibrugarh 1145
    • Lucknow 1140.5
    • Udaipur 1132.5
    • Indore 1131
    • Kolkata 1129
    • Dehradun 1122
    • Chennai 1118.5
    • Agra 1115.5
    • Chandigarh 1112.5
    • Visakhapatnam 1111
    • Ahmedabad 1110
    • Bhopal 1118.5
    • Jaipur 1116.5
    • Bangalore 1115.5
    • Mumbai 1112.5
    • Delhi 1103

    Source: IOC

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    #LPG #cylinder #price #update #LPG #cylinder #costlier

    ( With inputs from : kashmirpublication.in )

  • Rice gets costlier in Telangana, no mechanism to control

    Rice gets costlier in Telangana, no mechanism to control

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    Hyderabad: In the absence of price control mechanism in the Telangana state, the prices of commodities, especially rice, have started recording a huge increase and it is being said that the price of rice has increased by about 10 percent this month.

    According to the traders, they are selling rice by keeping their profit on the price they are getting from the mill and with the arrival of new rice in the market after Sankranti, the up-trend of price is becoming a new normal and it is not being stopped or fixed.

    Due to a lack of mechanism, arbitrary price increases are being recorded by the mill owners. Retail traders say that customers are asking them about the reason for the increase in rice prices, to which they are not in a position to answer as there are no valid reasons like crop failure or price rise during the last year, but despite this, mill owners have increased the prices of new rice which is resulting in rise of the prices of old rice as well.

    Despite repeated reminders to the State Government on taking measures to control commodity prices, no steps have been taken to check the increase in prices of commodities, especially rice and pulses, which is forcing citizens to buy essential commodities by paying extra money.

    Several claims are being made by the State government regarding the increase in rice cultivation in Telangana and it is being said that the demand for rice produced in the state has started increasing, but the people are facing difficulties due to the steep increase in the prices of rice recorded in the state itself. The price of Sona Masoori No. 1 rice has increased by Rs 6 to Rs 8 during the last month and it is now being sold at Rs 46 to 48 per kg, as well as the price of new rice has been increased by 4 to 6 rupees.

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    #Rice #costlier #Telangana #mechanism #control

    ( With inputs from www.siasat.com )

  • Budget 2023: Cigarettes to jewellery, here are the items to get costlier

    Budget 2023: Cigarettes to jewellery, here are the items to get costlier

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    New Delhi: The FM has announced adjustments in duties and taxes on several items, which are likely impact their market prices from tomorrow (2 February). Here are some of the key items that are likely to cost more from the next financial year due to higher tax incidence announced by Finance Minister Nirmala Sitharaman today:

    Cigarettes: For smokers, the cost of their poor habit is set to go up from 2 February as the FM has proposed a 16 per cent hike in the National Calamity Contingency Duty (NCCD) on cigarettes. While, leading companies like ITC, which owns top selling brands like Gold Flake, Classics and Flake and Silk Cut, and Godfrey Phillips (brand licence of Marlboro) haven’t revealed their plans on price hikes, analysts from Nuvama Securities estimate a 2-3 per cent price hike on cigarettes.

    Gems & Jewellery: Prices of a host of gems and jewelleries are set to go up as customs duty on several key items – from silver, gold and platinum to imitation jewelleries – have been introduced that are effective from tomorrow. Overall, duties on silver have been raised by 7.5 percentage points – from 7.5 per cent to 15 per cent. While on imitation jewellery the increase in central excise is in the tune of 50 per cent. Central excise on precious metals like gold and platinum have been raised by 25 per cent.

    Imported Electric Vehicles: Electric vehicles imported in semi-knocked down form will attract higher central excise duty – to the tune of 35 per cent, up from 30 per cent now. While duty on complete finished EVs that will be imported from tomorrow will attract 70 per cent duty, compared to 60 per cent. Duty on imported bicycles has also been raised by 16.67 per cent.

    Electric Kitchen Chimney: With doubling of excise duty on imported electric kettle chimney – from 7.5 per cent to 15 per cent, prices are set to go up. (Business Today)

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    #Budget #Cigarettes #jewellery #items #costlier

    ( With inputs from : roshankashmir.net )

  • Union Budget 2023 Live Updates: What Gets Cheaper Or Costlier- Here’s a List – Kashmir News

    Union Budget 2023 Live Updates: What Gets Cheaper Or Costlier- Here’s a List – Kashmir News

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    Union Budget 2023: On February 1 today, Union Finance Minister Nirmala Sitharaman will deliver the last comprehensive Union Budget of the Modi administration before the 2024 Lok Sabha elections. The strategy is expected to boost funding for logistics, defense, and infrastructure, benefiting allied businesses. The first half of the Parliamentary Budget Session, which began on Tuesday, will end on February 13. The Parliament will reconvene on March 12 for the second half of the budget session, which will end on April 6.

    Good news for taxpayers!

    New personal income tax slabs have been announced in this year’s Budget. The new personal income tax rates are:

    • 0 to ₹3 lakhs – nil
    • ₹3 to 6 lakhs – 5%
    • ₹6 to 9 Lakhs – 10%
    • ₹9 to 12 Lakhs – 15%
    • ₹12 to 15 Lakhs – 20%
    • Above ₹15 Lakhs – 30%

    Budget 2023: What gets cheaper or costlier

    Finance Minister Nirmala Sitharaman announced a host of increases and cuts in duties on several products, leading to rises or falls in the prices of several commodities. Here’s a list:

    What Gets Cheaper

    • Customs duty on parts of open cells of TV panels cut to 2.5 per cent
    • Govt proposes to reduce customs duty on the import of certain inputs for mobile phone manufacturing
    •  Govt to reduce basic customs duty on seeds used in manufacturing of lab-grown diamonds
    •  Govt to reduce customs duty on shrimp feed to promote exports

    What Gets Costlier

    • Taxes on cigarettes hiked by 16 per cent
    • Basic import duty on compounded rubber increased to 25 per cent from 10 per cent
    • Basic customs duty hiked on articles made from gold bars
    • Customs duty on kitchen electric chimney increased to 15 per cent from 7.5 per cent
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    #Union #Budget #Live #Updates #Cheaper #Costlier #Heres #List #Kashmir #News

    ( With inputs from : kashmirnews.in )