The price of branded or premium petrol price had crossed Rs 100-mark in Sriganganagar town of Rajasthan on January 27.
Indian Federation of App-based Transport Workers (IFAT) will extend support and solidarity to the protest day
"Yes, this 11 per cent is in addition to the six per cent announced in the budget," Chief Minister B S Yediyurappa said.
Retail prices of petrol and diesel will not be impacted by the tax changes as state-owned oil firms will adjust them against the recent fall in oil prices
"Globally, state loans, income subsidies and tax deferrals are the most common fiscal packages being offered."
Retail prices of petrol and diesel will not be impacted by the tax changes as state-owned oil firms adjusted them against the recent fall in oil prices and the likely trend in the near future, industry officials said.
A large number of items including cigarettes, chewing tobacco are set to become more expensive due to hike in taxes proposed in the Union Budget for 2020-21
Oil PSUs are estimated to have lost about Rs 500 crore on absorbing higher cost resulting from the spike in international oil rates and fall in rupee against the US dollar during the nearly three week hiatus.
Shiv Sena used a popular idiom -- "oont ke muh me jeera" (a small cumin seed in a camel's mouth) -- to describe the inadequacy of the recent excise duty cut.
Prices of petrol and diesel will be reduced by the amount of duty cut with effect from Wednesday.
Accusing the BJP government of "looting" the common people and "profiteering" at their expense, Congress's senior spokesperson Ajay Maken said the party would continue its fight "until this draconian taxation regime is withdrawn".
"Efficiency has increased in transport sector by 30 per cent and because of GST such a big change has happened," he said.
The impact of demonetisation is clearly visible with tax collection figures seeing double-digit growth, said Finance Minister Arun Jaitely.