Last Updated: April 19, 2023, 07:00 IST
In Bengaluru, diesel has change into costlier by Rs 0.05 to settle at Rs 87.94 per litre (Representative picture/Reuters)
Gurugram noticed a hike of 44 paise in the worth of petrol to Rs 97.10; Check revised charges in your metropolis
Petrol, and Diesel Prices Today: Petrol and diesel costs had been fixed on Wednesday, 19 April, in the figures throughout main cities together with New Delhi, Kolkata, Mumbai, and Bengaluru as gas charges continued their ten-month streak of worth stability. However, cities throughout the nation have witnessed fluctuations in gas costs throughout the nation. In Chennai, petrol costs fell by 23 paise whereas diesel costs dropped 22 paise to Rs 102.63 per litre and Rs 94.24 per litre, respectively. Gurugram noticed a hike of 44 paise in the worth of petrol to Rs 97.10, which diesel grew dearer by 42 paise to Rs 89.96 per litre. While Dehradun, Mangalore and Bhopal noticed an increase in their gas prices, Coimbatore, Indore, Nashik and Pune noticed their costs fall.
Oil Marketing Companies (OMCs) change gas retail costs day-after-day at 6 am in accordance with the worth of crude oil all through the world. Through excise tax, base pricing, and worth caps, Centre controls gas costs.
The costs of petrol and diesel change state by state, relying upon varied standards resembling Value Added Tax (VAT), freight fees, native taxes, and so forth. The final country-wide change in gas charges was on 21 May final 12 months, when Finance Minister Nirmala Sitharaman slashed excise responsibility on petrol by Rs 8 per litre and Rs 6 per litre on diesel.
How are Petrol, and Diesel Rates Decided?
Since the reduce of excise responsibility by the central authorities in May 2022, some states have additionally decreased VAT costs on fuels, whereas some have imposed cess on petrol and diesel. The Punjab authorities determined to impose a cess of 90 paise per litre on petrol and diesel in a gathering of the state cupboard. Kerala Finance Minister KN Balagopal additionally introduced a cess on petrol, diesel and liquor in the second full funds of the LDF authorities. A social safety cess of Rs 2 per litre might be slapped on petrol and diesel. Some cities resembling Lucknow noticed a minor fall in petrol and diesel costs, verify the most recent charges right here:
Petrol, and Diesel costs in Chennai, Kolkata, Bengaluru, Lucknow, Noida, Gurugram on April 18, 2023
CITY | Petrol (Per Litre) | Diesel (Per Litre) |
Bengaluru | Rs 101.94 | Rs 87.89 |
Chandigarh | Rs 96.20 | Rs 84.26 |
Chennai | Rs 102.86 | Rs 94.46 |
Gurugram | Rs 96.66 | Rs 89.54 |
Kolkata | Rs 106.03 | Rs 92.76 |
Lucknow | Rs 96.54 | Rs 89.81 |
Mumbai | Rs 106.31 | Rs 94.27 |
New Delhi | Rs 96.72 | Rs 89.62 |
Noida | Rs 96.76 | Rs 89.93 |
Oil Minister Hardeep Singh Puri not too long ago requested OMCs to chop the retail costs of petrol and diesel if the crude oil costs in the worldwide market come down and in addition if OMCs underneath restoration come down. OMCs incurred a lack of Rs 21,200 crore on account of promoting petrol and diesel under the associated fee worth.
Read all of the Latest Business News, Tax News and Stock Market Updates right here