Friday, March 6, 2026
  • Home
  • World

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Joby aircraft takes flight over Dubai at the launch of Uber Air powered by Joby, a seamless way for riders to book Joby Aviation's all-electric air taxi directly through the Uber app. Photo credit: Uber

    Get Ready for Takeoff With Uber and Joby.

    Adani Defence & Aerospace and Embraer propose E175 Final Assembly Line in India

    TCS Secures $1Bn Investment from TPG to Accelerate AI Data Center Business HyperVault

    IAMAI Announces Dialogue on the Future of India’s Digital Commerce Ecosystem

    Taiwan Showcases ‘Non-Stop’ Tourism Appeal in India, Targets India’s High-Value Travellers

  • National
    • All
    • Economy & Politics
    • Election

    Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

    World Wildlife Day 2026

    Karnataka Media Academy Invites Applications for Training Program for Women Journalists under Infosys Springboard

    Online registrations for Yuva Sangam (Phase VI) commences from 2nd March, 2026

    It is a matter of pride that our vision of ‘Make in India’ is boosting self-reliance and creating jobs for our youth: PM

    Bengaluru GAFX 2026 Concludes with Resounding Success, Powering India’s Original IP and Global Gaming Ambitions

  • Business

    CCI approves acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance by Central Bank of India

    The Ferrero Group announces new governance and leadership roles, reporting into Giovanni Ferrero, President of Ferrero International S.A

    Oorjaa Turns EBITDA Positive at Rs.150 Crore Annualised recurring revenue.

  • Health

    Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

    India’s Transformation into a Global Health Powerhouse

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

  • Technology
    • All
    • Environment
    • Science

    India AI Stack: Powering Intelligence at Scale

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

  • Auto

    Honda Motorcycle & Scooter India Records Strong Growth of 5.67 lakh unit sales in February 2026

    Hical Technologies announces Corporate Commute solution with Tummoc as part of STAMP Nudge Innovation Challenge

    Get Ready for Takeoff With Uber and Joby.

    India Goes Electric with Maruti Suzuki e VITARA, introductory BaaS price starts at ₹ 10.99 lakh + Battery EMI @ ₹ 3.99/km*1

  • Sports

    Where Champions Meet Culinary Excellence: World of Hyatt Welcomes Back Jessica Pegula as Ambassador and Announces Sponsorship of Taste of Tennis Indian Wells

    Cricket Legend Brett Lee Moves to Dubai, Buys Home in Danube

    Reebok Announces Olympic Shooter Manu Bhaker as Brand Ambassador

    Air India Super League Season 2 concludes with strong pan-India participation; Travel High Titans wins in travel trade, Ceva in cargo category

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    India’s Transformation into a Global Health Powerhouse

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    Britannia Celebrates 30 Years of 50-50 with the launch of the New Cheeze Dipped Crunchy Layered Sandwich

    Paradise “Jashn-e-Haleem 2026” – Hyderabad’s Most Awaited Seasonal Foodfest Back In Bangalore

    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

No Result
View All Result
  • Home
  • World

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Joby aircraft takes flight over Dubai at the launch of Uber Air powered by Joby, a seamless way for riders to book Joby Aviation's all-electric air taxi directly through the Uber app. Photo credit: Uber

    Get Ready for Takeoff With Uber and Joby.

    Adani Defence & Aerospace and Embraer propose E175 Final Assembly Line in India

    TCS Secures $1Bn Investment from TPG to Accelerate AI Data Center Business HyperVault

    IAMAI Announces Dialogue on the Future of India’s Digital Commerce Ecosystem

    Taiwan Showcases ‘Non-Stop’ Tourism Appeal in India, Targets India’s High-Value Travellers

  • National
    • All
    • Economy & Politics
    • Election

    Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

    World Wildlife Day 2026

    Karnataka Media Academy Invites Applications for Training Program for Women Journalists under Infosys Springboard

    Online registrations for Yuva Sangam (Phase VI) commences from 2nd March, 2026

    It is a matter of pride that our vision of ‘Make in India’ is boosting self-reliance and creating jobs for our youth: PM

    Bengaluru GAFX 2026 Concludes with Resounding Success, Powering India’s Original IP and Global Gaming Ambitions

  • Business

    CCI approves acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance by Central Bank of India

    The Ferrero Group announces new governance and leadership roles, reporting into Giovanni Ferrero, President of Ferrero International S.A

    Oorjaa Turns EBITDA Positive at Rs.150 Crore Annualised recurring revenue.

  • Health

    Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

    India’s Transformation into a Global Health Powerhouse

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    When Fashion Becomes a Force for Health: Suta Joins Sanjeevani’s Pink Tag Project for Breast Cancer Awareness

    As of 2nd February 2026, 53 Tele MANAS Cells have been set up in 36 States/ UTs

    Philips named a Clarivate Top 100 Global Innovator for the 13th consecutive year

  • Technology
    • All
    • Environment
    • Science

    India AI Stack: Powering Intelligence at Scale

    Government of Karnataka Announces “Bengaluru GAFX 2026”; Unveils ‘Evolution Reloaded’ Vision for AVGC and Creative Technologies

    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

    India AI Impact Summit 2026 to focus on ‘Democratizing AI, Bridging the AI Divide’

  • Auto

    Honda Motorcycle & Scooter India Records Strong Growth of 5.67 lakh unit sales in February 2026

    Hical Technologies announces Corporate Commute solution with Tummoc as part of STAMP Nudge Innovation Challenge

    Get Ready for Takeoff With Uber and Joby.

    India Goes Electric with Maruti Suzuki e VITARA, introductory BaaS price starts at ₹ 10.99 lakh + Battery EMI @ ₹ 3.99/km*1

  • Sports

    Where Champions Meet Culinary Excellence: World of Hyatt Welcomes Back Jessica Pegula as Ambassador and Announces Sponsorship of Taste of Tennis Indian Wells

    Cricket Legend Brett Lee Moves to Dubai, Buys Home in Danube

    Reebok Announces Olympic Shooter Manu Bhaker as Brand Ambassador

    Air India Super League Season 2 concludes with strong pan-India participation; Travel High Titans wins in travel trade, Ceva in cargo category

  • Entertainment

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

  • Lifestyle
    • All
    • Food
    • Travel

    India’s Transformation into a Global Health Powerhouse

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    Britannia Celebrates 30 Years of 50-50 with the launch of the New Cheeze Dipped Crunchy Layered Sandwich

    Paradise “Jashn-e-Haleem 2026” – Hyderabad’s Most Awaited Seasonal Foodfest Back In Bangalore

    Celebrate Valentine’s with Dubstep®’s Love on Loop—Win a Trip for Two to Goa and More

No Result
View All Result
No Result
View All Result
Home National

Petrol Pump Owners Seek Removal of VAT, Revision of Dealers’ Margins: Rally for ‘One Nation, One Tax’

by FWM
August 26, 2023
in National
0

New Delhi, India Aug 24, 2023

Petrol pump dealers from across the country have written to the Ministry of Petroleum, Government of India to increase dealers’ margins on petrol and diesel sales, since it has been six years since the last revision was done. They have also sought immediate removal of the old VAT and urged for replacing this with the GST. The dealers associations are seeking migration of petroleum products to the new GST regime, in keeping with Prime Minister Narendra Modi’s vision of One Nation One Tax.

Petrol pump dealers associations from many states at a demonstration at Jantar Mantar in New Delhi

Representatives of many state dealers associations submitted a memorandum to the Government of India saying that the last revisions in the margins given to dealers were done six years ago in 2017. India has over 70,000 petrol pumps, which directly and indirectly provide livelihood to over 10 Lakh people and this “continued denial of revision of margins by oil marketing companies” has led to severe financial crunch and hardships.
Petroleum dealers from Uttar Pradesh, Haryana, Punjab, Rajasthan, Gujarat, Andhra Pradesh, Himachal Pradesh, Jammu & Kashmir, Bihar and Madhya Pradesh came together in support of a joint call given by Petroleum Dealers’ Welfare Association Haryana and others.
“Petrol stations earn by the margins given by oil marketing companies or the OMCs. Since 2017 when the last dealers margin revision was done, prices of petrol and diesel have gone up but the margins have remained constant. Simultaneously, expenses of the petrol pump dealers including salaries have also gone up, and so has the inflation. This has led to a lot of hardships to us,” said Sanjeev Chaudhary, President of the Petroleum Dealers Welfare Association, Haryana.
India boasts of one of the largest networks of fuel stations. “Despite the Government’s emphasis on electric vehicles, it is estimated that in the foreseeable future the contributions of petrol stations will continue to grow, with the growth of the economy. In many ways, petrol pumps are the quiet bulwark of the Indian economy, fueling its growth and keeping the country rolling. No wonder, they are vital, and so are their concerns. We need fair play,” said Monty Sehgal, spokesperson of Petrol Pump Dealers Association, Punjab.
Chaudhary said that various associations have consistently been engaging with the oil marketing companies and requesting for revisions of the margins over the past six years. “Due to the restrictions during COVID pandemic, petroleum dealers suffered substantial losses, even as oil companies reaped record-breaking profits. The disparities and discrimination continue. We worked day and night to ensure that the wheels of Emergency Services keep moving during COVID19 lockdowns and restrictions, despite drastic drops in routine sales and volume resulting in huge losses.”
“Even in the current scenario, despite fluctuations in crude oil prices, the retail prices of petrol and diesel have remained unchanged since May 2022. Meanwhile, OMCs have posted significant profits in the first quarter of FY24,” added Chaudhary, who along with various petrol pump owners of Haryana joined the New Delhi demonstration. 
The Associations also highlighted their concerns about many other issues faced by them. “The smaller dealers with less than 200 kilolitres throughput should get special packages from the oil companies. Also, in view of many bleeding petrol pumps it may not be appropriate on part of oil companies to consider opening new pumps, as the new advertisements indicate,” said Paramjit Singh Doaba, President, Petrol Pump Dealers Association, Punjab.
“It is becoming difficult for us to sustain ourselves with the current static margins and we feel let down by the oil marketing companies. They have remained unresponsive to our legitimate demands and are compelling us to seek recourse from the Government of India. We have tremendous faith in Hon PM and Union Petroleum Minister and appeal to them to help us,” added Doaba.
The associations have also flagged the issue of adulterated diesel. Due to the absence of any monitoring system, the bowsers are used extensively for selling chemical mixed adulterated diesel, an association member said.

ADVERTISEMENT
Tags: Andhra PradeshBihar and Madhya PradeshDoaba.GujaratHaryanaHimachal PradeshJammu-KashmirJantar Mantar in New DelhiPetrol Pump Dealers AssociationPunjabRajasthanUttar Pradesh

FWM

Related Posts

Health

Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

by FWM
March 5, 2026
National

World Wildlife Day 2026

by FWM
March 4, 2026
National

Karnataka Media Academy Invites Applications for Training Program for Women Journalists under Infosys Springboard

by FWM
March 4, 2026
National

Online registrations for Yuva Sangam (Phase VI) commences from 2nd March, 2026

by FWM
March 2, 2026
Business

It is a matter of pride that our vision of ‘Make in India’ is boosting self-reliance and creating jobs for our youth: PM

by FWM
March 1, 2026

Stay Connected

Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

March 5, 2026

CCI approves acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance by Central Bank of India

March 5, 2026

The Ferrero Group announces new governance and leadership roles, reporting into Giovanni Ferrero, President of Ferrero International S.A

March 4, 2026

Recent News

Narayana Health City Completes 100+ Robotic Cardiac Surgeries in a Single Month

March 5, 2026

CCI approves acquisition of additional shareholding in Generali Central Insurance Company and Generali Central Life Insurance by Central Bank of India

March 5, 2026

The Ferrero Group announces new governance and leadership roles, reporting into Giovanni Ferrero, President of Ferrero International S.A

March 4, 2026

World Wildlife Day 2026

March 4, 2026
ADVERTISEMENT

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

error: Content is protected !!
No Result
View All Result
  • Home
  • World
  • National
  • Business
  • Economy & Politics
  • Election
  • Health
  • Technology
  • Auto
  • Sports
  • Entertainment
  • Lifestyle

© 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

Exit mobile version