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Agricultural cess surcharge of Rs 2.5 on BUDGET 2021 / PETROL and Rs 4 on DIESEL

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Agricultural cess surcharge of Rs 2.5 on BUDGET 2021 / PETROL and Rs 4 on DIESEL

Union Finance Minister Nirmala Sitharaman presented BUDGET 2021 during the coronary today. In BUDGET 2021, PETROL DIESEL has been imposed surcharge of Agricultural Cess. An AGRICULTURAL CESS of 2.5 RS has been imposed on PETROL and 4 rupees on DIESEL.

However, the Finance Minister has made it clear that it will not affect the customers. It is believed that the government is trying to extract the profits made during the Corona period from the pockets of the oil companies.

Agricultural cess surcharge of Rs 2.5 on BUDGET 2021 / PETROL and Rs 4 on DIESEL

With the imposition of agricultural cess on petrol and diesel, the basic excise duty (BED) and special additional excise duty (SAED) have been reduced. Due to this, the burden of agricultural cess will not be passed on to the customers.

Now Unbranded Petrol and Diesel will attract BED of Rs 1.4 and Rs 1.8 per liter respectively. At the same time, SAED on unbranded petrol and diesel has been reduced to Rs 11 and Rs 8 per liter respectively.

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Google co-founders make it into ‘$100 billion club’ as tech giant’s shares soar

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Google co-founders make it into ‘$100 billion club’ as tech giant’s shares soar
G

oogle co-founders Larry Site and Sergey Brin have joined the very small coterie of people on the world with fortunes of more than $100 billion, according to the Bloomberg Billionaires Index.

The special eight-powerful “$100 billion club”, as it has been named, also counts Microsoft founder Invoice Gates, Amazon founder Jeff Bezos, Tesla’s Elon Musk and fashion’s richest guy, LVMH chairman Bernard Arnault, as members.

The Index’s most current update prompt that these 8 persons maintain a combined fortune of far more than $1 trillion, and have noticed their wealth soar by a overall of $110 billion this year.

Bezos tops the Bloomberg record with a internet worth of $196.6 billion, up $6.3 billion, though Brin is the the very least wealthy of the uber-elite group, with a net value of $100.2 billion soon after observing his fortunes soar by $20.4 billion in the interval.

Google shares have seen a particularly massive rally in the latest weeks soon after the US Supreme Court ruled in favour of the tech large in its $9 billion copyright struggle with Oracle.

The situation was a landmark a single for the tech business. The Supreme Court dominated that Google did not crack the law when it copied Oracle-owned application interfaces for its Android OS.

Again in 2017, Bezos grew to become the initially man or woman to web $100 billion given that Monthly bill Gates, who reached the milestone in1999.

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