Petrol price in Delhi hiked by Rs 1.67 per litre, diesel by Rs 7.10

Petrol price in Delhi hiked by Rs 1.67 per litre, diesel by Rs 7.10

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.

PTIUpdated: Tuesday, May 05, 2020, 09:56 PM IST
article-image
Petrol and diesel prices |

Petrol price in the national capital was hiked by Rs 1.67 a litre on Tuesday 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.

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.

This follows Delhi government's decision to raise VAT on petrol to 30 per cent from 27 per cent, previously. In case of diesel, VAT has been almost doubled to 30 per cent from 16.75 per cent.

RECENT STORIES

India Overtakes Japan To Become World’s Fourth-Largest Economy

India Overtakes Japan To Become World’s Fourth-Largest Economy

SEBI Cancels 'Research Analyst' Registration After Finding Holder Ran Grocery Shop In Madurai

SEBI Cancels 'Research Analyst' Registration After Finding Holder Ran Grocery Shop In Madurai

Deepa Jewellers Files IPO Papers With SEBI, Plans ₹250 Crore Fresh Issue

Deepa Jewellers Files IPO Papers With SEBI, Plans ₹250 Crore Fresh Issue

Sensex, Nifty End Slightly Lower In Thin Year-End Trade, Foreign Fund Selling Weighs On Markets

Sensex, Nifty End Slightly Lower In Thin Year-End Trade, Foreign Fund Selling Weighs On Markets

Rupee Rises 14 Paise To Close At 89.84 Against The US Dollar

Rupee Rises 14 Paise To Close At 89.84 Against The US Dollar