Tips to save IPO listing gains tax!
In the years 2023 and 2024, many IPOs brought huge earnings for the investors. But tax also has to be paid on this! What is the tax rule on booking listing gains from IPO? How can tax liability on listing gains be reduced? How will the tax be calculated on selling IPO shares?
Petrol prices remained unchanged, while diesel prices was hiked for the second consecutive day by 26 to 30 paise across the country on September 27, according to a price notification by state-run oil companies. Petrol price in Delhi was unchanged at Rs 101.19 per litre, while diesel was increased by 25 paise at Rs 89.32 per litre. In Mumbai, a litre of petrol will cost Rs 107.26 and diesel Rs 96.94. Currently, fuel prices are highest in Mumbai among all metro cities. In Kolkata, a litre of petrol and diesel prices will cost Rs 101.62 and Rs 92.17, respectively.
Petrol prices in Chennai will cost Rs 98.96, while diesel prices will cost Rs 93.93. In Bengaluru, a litre of petrol will cost Rs 104.70 and diesel Rs 94.80. In Hyderabad, a litre of petrol and diesel will cost Rs 105.26 and Rs 97.46, respectively.
In Vijayawada, petrol price costs Rs 107.07, while diesel price is being retailed at Rs 98.78 respectively. Currently, Vijayawada has the highest fuel prices among all south Indian cities. Petrol and diesel prices in Visakhapatnam were being retailed at Rs 106.22 and Rs 97.94, respectively.
Petrol prices have already crossed the Rs 100-mark in more than 20 states and union territories – Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Jammu & Kashmir, Odisha, Manipur, Ladakh, Bihar, Punjab and others. Petrol and diesel prices get revised in India every day at 6 am.
The GST Council meeting held on September 17 and chaired by Union finance minister Nirmala Sitharaman, also stated that it was not the right time to bring petrol and diesel under GST ambit.
Fuel prices across Indian cities
| City | Petrol (Rs/Litre) | Diesel (Rs/Litre) |
| Delhi | 101.19 | 89.32 |
| Mumbai | 107.26 | 96.94 |
| Kolkata | 101.62 | 92.42 |
| Chennai | 98.96 | 93.93 |
| Bengaluru | 104.70 | 94.80 |
| Hyderabad | 105.26 | 97.46 |
| Bhopal | 109.63 | 98.19 |
| Patna | 103.79 | 95.40 |
| Lucknow | 98.30 | 89.48 |
| Jaipur | 108.13 | 98.53 |
| Vijayawada | 107.07 | 98.78 |
| Trivandrum | 103.42 | 96.13 |
| Pondicherry | 99.12 | 93.18 |
| Visakhapatnam | 106.22 | 97.94 |