Tax collection on petrol, diesel up 459% in 7 years; LPG price doubled2Photo© business-standard.com

Tax collection on petrol, diesel up 459% in 7 years; LPG price doubled

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The tax collected on the retail price of petrol and diesel in India has increased by 459 per cent in seven years, according to oil minister Dharmendra Pradhan's written reply in Lok Sabha. He also informed on Monday that the price of liquified petroleum gas (LPG) doubled to Rs 819 per cylinder in the same period.

Pradhan had earlier faced a spate of questions regarding rising energy prices in the country. In a written reply, Pradhan said that the retail price of domestic cooling gas (LPG) was Rs 410.5 per 14.2-kilogram cylinder on March 1, 2014. This has now increased to Rs 819 per cylinder in Delhi.

The steepest hike in domestic cooking gas came in the last few months — from Rs 594 per cylinder in December 2020 to Rs 819 in March 2021.