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Home / Business News / Petrol price up by Rs 1.67 per litre, diesel by Rs 7.10 a litre in Delhi

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

In Delhi, petrol will now cost Rs 71.26 a litre as against Rs 69.59 per litre on Monday, and diesel prices went up to Rs 69.29 a litre as against Rs 62.29.

business Updated: May 05, 2020, 12:33 IST
hindustantimes.com | Edited by: Meenakshi Ray
hindustantimes.com | Edited by: Meenakshi Ray
Hindustan Times, New Delhi
Petrol in Chennai also become costlier by Rs 3.26 and is being sold at Rs 75.54 per litre, while diesel has been priced at Rs 68.22.
Petrol in Chennai also become costlier by Rs 3.26 and is being sold at Rs 75.54 per litre, while diesel has been priced at Rs 68.22. (Sanket Wankhade/HT PHOTO)

Residents of Delhi will have to pay more for petrol and diesel after the government announced it has raised the value added tax (VAT) on petrol to 30% from the existing 27% while 30% on diesel from the existing 16.75%.

Petrol prices rose by Rs 1.67 a litre and diesel prices went up by Rs 7.10 in Delhi on Tuesday after nearly 50 days after state government raised VAT on auto fuel.

Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously and diesel Rs 69.39 per litre from Rs 62.29.

Delhi government officials said the move to hike fuel prices is expected to boost the government revenue, which has been hit hard due to the coronavirus lockdown.

“Life isn’t all about rainbows and sunshine. Tough times need Tough solutions - my learning as Finance Minister,” Delhi’s deputy chief minister Manish Sisodia, who also holds the finance portfolio, said in a tweet after the prices of the petrol and diesel were raised.

This comes after the Delhi government on Monday night said it will impose a 70% “special corona fee” on sale of liquor.

Petrol in Chennai also become costlier by Rs 3.26 and is being sold at Rs 75.54 per litre, while diesel has been priced at Rs 68.22.

Petrol and diesel prices have also increased in Assam, Haryana, Nagaland, Karnataka, West Bengal due to the increase in VAT imposed by the state governments.

Petrol and diesel prices in Mumbai remained unchanged.

According to the official website of Indian Oil Corporation on Tuesday, petrol costs Rs 76.31 per litre in Mumbai and diesel costs Rs 66.21 a litre. In Kolkata, a litre of petrol will cost Rs 73.30 per litre whereas diesel is now priced at Rs 65.62 per litre.

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