The subsidised cylinder which used to cost Rs 493.55 per unit in June is now available at Rs 496.26 in July
GN Bureau | July 3, 2018
Indian Oil has increased the price of cooking gas by Rs 2.71 per cylinder in the effective price of subsidised LPG cylinder in Delhi for domestic customers. The corporation said that the hike is mainly on account of GST on revised price of domestic non-subsidized LPG.
The subsidised cylinder which used to cost Rs 493.55 per unit in June is being sold at Rs 496.26 in July.
While the price of non-subsidized LPG in Delhi will increase by Rs 55.50 per cylinder in July due to surge in international price of LPG by $57 per MT, the actual impact is only Rs 2.71 per cylinder for domestic customers, mainly because of GST levied on the above, IOCL said.
The balance Rs 52.79 (Rs 55.50 minus Rs 2.71) is being compensated to the customers by increase in subsidy transfer to their bank account. Accordingly, the subsidy transfer in customer’s bank account has been increased to Rs 257.74 per cylinder in July as against Rs 204.95 per cylinder in June. The corporation said domestic LPG customer is protected against the increase in international prices of LPG.
Hindustan Petroleum Corporation, HDFC, Tata Steel and Tech Mahindra are among the winners and the recipients of honourable mentions in the National CSR Awards 2020 announced by the ministry of corporate affairs (MCA) on Thursday. The MCA instituted the annual National Corporate Social Respon
A good monsoon has left the trees all washed and spruced up. It’s right time to take a good look at them, and also to tell the young generation about their diversity. So, tree lovers across the country have joined hands to celebrate a festival of trees this month. The August Tree Fest
Unbounded: My Experiments with Law, Physics, Policing and Super 30 By Abhayanand Rupa Publications, 344 pages, Rs 595 Abhayanand has
India after 1947: Reflections & Recollections By Rajmohan Gandhi Aleph, 118 pages, Rs 399 Rajmohan Gandhi was about 11 when India won independence. As the nation celebrates 75 years of freedom, how would he – and others like him – feel?
The BrihanMumbai municipal corporation (BMC) has rebutted a Shiv Sena leader’s allegation of breach of protocol in the implementation of the ‘Har Ghar Tiranga’ campaign. On Friday Rahul Shewale, group leader of Shiv Sena in Lok Sabha, had accused BMC commissioner IS Chahal
Land in Mumbai city, which is surrounded by water on three sides, is scarce and has a premium. Property prices in certain areas of financial capital of the country are as much as Rs 1 lakh per sq ft. Yet, 5,800 buildings have been lying in a stalled condition for the last 18 years. Meanwhile