Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Axis Mutual Fund’s New Defence Index Fund Explained – Money Insights News
    • Mutual Fund SIP: Why is making the first crore the hardest thing to do?
    • Why Lana Del Rey’s James Bond Song Is Strange
    • Top 3 PSU mutual funds with consistent returns: SBI, Invesco, Aditya Birla deliver up to 34% CAGR in 3–5 years – Money News
    • Rapid evolution in asset management space signals exciting days ahead
    • Closed-End Funds: Looking For Infrastructure Opportunities With AI Driving Them Higher
    • 3 Dividend ETFs to Buy to Turn $230,000 Into $1,000 in Monthly Passive Income
    • Leveraged ETFs Promise Bigger Returns. Here Is Why Long-Term Investors Should Weigh the Risks First
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Petrol prices set to rise next year as MPs divert funds to buses
    Funds

    Petrol prices set to rise next year as MPs divert funds to buses

    November 27, 2025


    November 27, 2025
    Filling up with E5. Photo: DutchNews.nl

    Petrol is set to become more expensive from January 1, after MPs backed a proposal to raise excise duties by a narrow majority. The tax on a litre of petrol will increase by 5.6 cents, with diesel up 3.6 cents and LPG by 1.3 cents, if the changes go ahead.

    MPs supported a ChristenUnie plan to redirect part of the money originally intended to keep pump prices down towards public transport. Earlier this year, the cabinet agreed to extend temporary tax cuts for another year at a cost of €1.7 billion.

    The lower house, however, now wants to shift €448 million of that amount to support the public transport network.

    ChristenUnie MP Pieter Grinwis said reversing planned public spending cuts over the next two years is essential, warning that many bus routes risk disappearing, particularly in rural areas where people rely on a single service.

    Many parties oppose raising fuel prices but the CDA and 50Plus eventually threw their support behind the plan, allowing it to pass.

    Grinwis said the higher tax is “not pleasant” for motorists but also “not a disaster”, adding that public transport “has been neglected for years”. He said the move would help preserve key connections and limit further fare increases.

    Whether motorists will feel the full impact of the higher tax depends in part on oil prices, which may rise or fall in the coming months. Euro 95 petrol in the Netherlands currently costs around €2 a litre, but there are wide variations.

    In a separate vote, MPs also approved a proposal from GroenLinks-PvdA and the pro-animal PvdD to impose higher taxes on private jet travel. From 2030, passengers on aircraft with fewer than 20 seats will pay an additional charge of up to €2,100 per ticket, or €420 for flights within Europe.

    The parties behind the plan say private jets produce disproportionately high emissions, often on short routes. GroenLinks-PvdA MP Kiki Stultiens said the measure could generate €58 million a year. “Either these people will pay more, or they will use private jets less,” she said.

    Cars Fossil fuels Public transport Tax
    Thank you for donating to DutchNews.nl.

    We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

    Make a donation



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Closed-End Funds: Looking For Infrastructure Opportunities With AI Driving Them Higher

    April 17, 2026

    Bet on value funds when the chips are down – Market News

    April 17, 2026

    Balanced advantage funds ramp up equity exposure as valuations ease | Markets News

    April 15, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    7 Best-Performing ETFs of 2026

    April 17, 2026
    Don't Miss
    Mutual Funds

    Axis Mutual Fund’s New Defence Index Fund Explained – Money Insights News

    April 18, 2026

    The world is transitioning from a US-dominated unipolar world to a multipolar world order, in…

    Mutual Fund SIP: Why is making the first crore the hardest thing to do?

    April 18, 2026

    Why Lana Del Rey’s James Bond Song Is Strange

    April 17, 2026

    Top 3 PSU mutual funds with consistent returns: SBI, Invesco, Aditya Birla deliver up to 34% CAGR in 3–5 years – Money News

    April 17, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Recipe for market success: ETFs, the secret sauce stirred into growth | News on Markets

    August 18, 2024

    Monochrome to Launch ‘World First’ Ethereum ETF on Cboe Australia

    October 14, 2024

    Foreign direct investments fall short as industry seeks reform-driven growth

    November 6, 2025
    Our Picks

    Axis Mutual Fund’s New Defence Index Fund Explained – Money Insights News

    April 18, 2026

    Mutual Fund SIP: Why is making the first crore the hardest thing to do?

    April 18, 2026

    Why Lana Del Rey’s James Bond Song Is Strange

    April 17, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹50 lakh retirement corpus: How to invest in SCSS, mutual funds, equities and other assets — CA offers tips

    April 16, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.