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Sunday, Jun 8, 2025
The plastic bottle containing petrol suddenly caught fire killing T V Prajith and his wife K K Reesha, states the report.
The LDF government had imposed a social security cess on petrol and diesel in the Kerala Budget.
The cess at the rate of Rs 20 for each bottle of Indian-made Foreign Liquor (IMFL) priced between Rs 500 and Rs 999.
The price of ethanol extracted from sugarcane juice was increased to Rs 65.61 per litre, from the current Rs 63.45 per litre for the supply year beginning December 2022.
Barely a month ago the Prime Minister even took Kerala by name and asked it to reduce the sales tax on petrol. It was a rare instance of public shaming of a state by a Prime Minister.
Apart from Kerala, similar discrepancies regarding petrol prices have been reported from states such as Tamil Nadu and Maharashtra.
The Reserve Bank's Monetary Policy Committee hiking the repo rate by 40 basic points to 4.40 per cent earlier this month was a prelude to the government intervention to keep the price rise under control.
The government on Saturday announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 per litre reduction on diesel.
The excise duty cut will translate into a reduction of Rs 9.48 a litre on petrol in Kochi and Rs 7.42 per litre on diesel after taking into account its impact on other levies.
K Surendran has urged the Kerala government to reduce fuel tax further by Rs 10.
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