Petrol and diesel prices remain unchanged amid coronavirus outbreak

Petrol and diesel prices remain unchanged amid coronavirus outbreak

AgenciesUpdated: Monday, May 11, 2020, 08:23 AM IST
article-image

Petrol and diesel prices remain unchanged on Monday despite a fall in crude oil prices in the international market amid coronavirus outbreak.

According to the official website of Indian Oil Corporation, on Monday, petrol now costs Rs 71.26 per litre in Delhi, Rs 76.31 per litre in Mumbai. Similarly, diesel costs Rs 69.59 a litre in Delhi, Rs 66.21 a litre in Mumbai. In Kolkata, a litre of petrol will cost Rs 73.30 per litre whereas diesel is now priced at Rs 65.62 per litre. In Chennai, a litre of petrol will cost Rs 72.28 per litre whereas diesel is now priced at Rs 65.71 per litre.

Petrol price in the national capital was hiked by Rs 1.67 a litre on May 5 and diesel by a steep Rs 7.10 per litre after the Delhi government raised local sales tax or value-added tax (VAT) on the two fuels.

On the other hand, the Assam government on April 22 has increased the Value Added Tax (VAT) on diesel, petrol, and other motor spirits. Assam Government said in a Gazette notification, "Value Added Tax in Assam for diesel will be 23.66 paise in the rupee or Rs 17.45 per litre, whichever is higher. VAT for petrol and other motor spirits will be 32.66 paise in the rupee or Rs 22.63 per litre, whichever is higher, with effect from April 22."

RECENT STORIES

Big Change In EPF Withdrawal Rules Coming, No Need to Wait for Retirement Anymore

Big Change In EPF Withdrawal Rules Coming, No Need to Wait for Retirement Anymore

Tech Mahindra Shares Fall Over 2% As Sequential Net Profit Slips Despite Strong YoY Growth

Tech Mahindra Shares Fall Over 2% As Sequential Net Profit Slips Despite Strong YoY Growth

US President Donald Trump Unveils Plan For Unified Tariff On Over 150 Countries

US President Donald Trump Unveils Plan For Unified Tariff On Over 150 Countries

Anand Mahindra Welcomes Elon Musk And Tesla To India, Says “See You At The Charging Station”

Anand Mahindra Welcomes Elon Musk And Tesla To India, Says “See You At The Charging Station”

PM Kisan Big Alert: 20th Installment Of ₹2000 Coming, Just 1 Day Left To Complete Key Steps

PM Kisan Big Alert: 20th Installment Of ₹2000 Coming, Just 1 Day Left To Complete Key Steps