Petrol, Diesel Price Hiked, Hit Record High. Check Fuel Rates In Your Cities

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Prices of gasoline and diesel increase to 30 Paise and 35 Paise per liter. It has taken fuel prices to all time high Prices of gasoline and diesel are currently upgraded for all high time in big cities in India. While gasoline prices increase by around 30 Paise per liter, the price of diesel receives an increase of around 35 Paise per liter This is the second consecutive day of the increase in fuel prices in India, after the oil company began to revise the tariff up since Tuesday Hike yesterday saw the price of gasoline and diesel increased by 30 Paise per liter.

The price of gasoline in Delhi today has been revised to ₹ 102.94 per liter, while Diesel prices have reached ₹ 91.42 for one liter The price of gasoline in Mumbai today has risen up to ₹ 108.96 for one liter because the price of diesel is just shy from the three-image mark on ₹ 99.17 with the same amount The price of gasoline in Chennai today has also seen an increase, which stands at ₹ 100.49 per liter. Diesel prices in Chennai have been revised to ₹ 95.93 per liter The price of gasoline in Kolkata today has been revised to ₹ 103.65, while Diesel prices have been hiked to ₹ 94.53 for one liter.

This is the year of the increase in steep fuel prices in India. Since January this year, the increase in unrelenting has taken fuel rates at the recording level, violating ₹ 100-mark in all the capitals of state and other major cities throughout the country. There was a brief gap in a price increase between March and May, but the increase was almost a weekly secret that also caused protests The latest Spate of the increase comes at the time of global crude oil prices increased in the international market. The price of crude oil in the international market is at an altitude of almost three years. Indian high dependence on oil imports leads to revisions of synchronous tariffs with international rates.

Also has a big impact on taxes and levies imposed by the central and state governments. And without signs of fuel prices brought under the Ambit Tax of Goods and Services (GST), there are no signs of pause in the off. The retail price of gasoline and diesel consists of different components. The tax imposed by the central and state governments contributed to lion shares between them. These components include customs, shipping costs, VAT, commission dealers etc. Excise duties in the past two years have increased massively, which results in a large increase in gasoline and diesel prices. Prices vary in all states, because different VAT levels are imposed by different countries.