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LPG Cylinder Price Rises: 4 Major Changes From Today

Several important revisions related to fuel taxation, LPG cylinder prices, digital banking alerts, and solar energy regulations have come into force from June 1, impacting businesses, consumers, and industry stakeholders.

Commercial LPG Prices Increased

Commercial LPG Cylinder Costs Rise

Public sector oil marketing companies Indian Oil CorporationBharat Petroleum,, HPCL have revised the rates of commercial LPG cylinders upward. The price of a commercial cylinder has gone up by ₹53.50, taking the Delhi retail price to ₹3,113.50 from the earlier ₹3,060 level range.

Possible Impact

Businesses that rely heavily on commercial LPG, including restaurants, tea stalls, hotels, and catering services, may experience higher operating costs. As a result, consumers could see increases in food and beverage prices, while event catering expenses may also climb.

5-Kg Free Trade LPG Cylinder Also Dearer

The cost of a 5-kg Free Trade LPG (FTL) cylinder has been raised by ₹11. The revised price now stands at ₹821.50 compared to the previous ₹810.50. Meanwhile, the rate of the 5-kg domestic LPG cylinder remains unchanged at ₹339.

FTL cylinders are commonly used by migrant workers, students, and small traders because they can be purchased without residential address documentation.

Revised Export Duties on Petroleum Products

New Duty Rates Effective From June 1

The Union Government has adjusted export duties on petroleum products and aviation fuel. The revised rates are as follows:

  • Petrol exports: ₹1.50 per litre

  • Diesel exports: ₹13.50 per litre

  • Aviation Turbine Fuel (ATF) exports: ₹9.50 per litre

What This Means

Export duty is a tax imposed on products sold outside the country. The latest revision is expected to improve profit margins for refining companies. However, domestic consumers are unlikely to witness any immediate impact on petrol or diesel retail prices.


HDFC Bank Changes UPI SMS Notification Policy

Fewer SMS Alerts for Small Transactions

HDFC Bank has introduced a new notification system for UPI transactions involving smaller amounts.

Under the revised arrangement:

  • SMS alerts for outgoing UPI payments will only be sent when the transferred amount exceeds ₹100.

  • SMS notifications for incoming funds will be generated only when credits above ₹500 are received.

Impact on Customers

Many customers make multiple low-value digital payments daily for items such as snacks, groceries, transport, and other routine purchases. The change is expected to reduce the number of SMS messages received and help keep mobile inboxes less cluttered.

Tougher Compliance Rules for Subsidized Rooftop Solar Projects

Government-Approved Panels Now Mandatory

A new regulation requires rooftop solar installations and net-metering projects (PM Surya Ghar Portal) to use only solar panels supplied by manufacturers approved by the government.

Expected Outcome

The move is aimed at promoting certified domestic solar equipment. Although buyers may face higher initial installation costs, the policy is expected to improve safety standards, product reliability, performance quality, and warranty protection over the long term.

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