today petrol price in india - Daily News Capsule

Fuel prices have been raised by the oil marketing companies today on 21 May after a break of two days. The rise of petrol today is 19 paise per liter while diesel is now costly by another 29 paise per liter. Summing up, the petrol prices in Delhi is now at Rs. 93.04 while diesel’s Rs 83.80 per liter. While in Mumbai petrol is of Rs 99.32 and diesel at Rs 91.01, according to officials. Also read: National terrorism day 2021 The prices of petrol and diesel have risen over the past 18 days by 2.64 per liter on petrol and 3.07 on diesel. For the past two days, the fuel prices remained unchanged after a rush on May 18. The prices of fuel vary across different states according to the local taxation like value-added tax. Rajasthan charges the highest value-added tax on petrol countrywide, ...

Finance Ministry is considering cutting excise duty on petrol and diesel to reduce the impact of record-high domestic prices, three government officials close to the discussion. The doubling of the price of crude oil in the last 10 months has added to record fuel costs at fuel stations. But taxes and duties account for roughly 60 percent of the retail price of petrol and diesel in the country, the world's third-biggest consumer of crude oil. The Coronavirus pandemic, the economy was hit badly PM Modi’s government raised petrol and diesel prices to promote dropping down tax revenue rather than passing on the benefits of lower oil prices to consumers last year. Sources said India's Finance Ministry has now started consultations with some states, oil companies, and the oil minist...

Tag: today petrol price in india

Fuel Prices Have Raised Today With Petrol Upto 19 Paise/liter and Diesel Upto 29 Paise/liter