New Delhi: Petrol and diesel prices remained unchanged for the second day on Thursday as oil advertising and marketing corporations determined to maintain rates paused.
Petrol worth on Tuesday was elevated by 27 paise per litre and diesel by 29 paise, pushing rates throughout the nation to document highs and that of petrol in Mumbai crossed Rs 99 a litre.
In Delhi petrol prices stands at Rs 92.85 per litre and diesel at Rs 83.51 per litre in accordance with a worth notification of state-owned gasoline retailers. A litre of petrol in Mumbai now comes for Rs 99.14 and diesel is priced at Rs 90.71 per litre.
Here is trying on the worth distinction of diesel and petrol in 4 metro cities on May 20, 2021.
| City | Petrol | Diesel |
|---|---|---|
| Delhi | 92.85 | 83.51 |
| Mumbai | 99.14Â | 90.71 |
| Chennai | 94.54 | 88.34 |
| Kolkata | 92.92 | 86.35 |
Rates had already crossed Rs 100-mark in a number of cities in Rajasthan, Madhya Pradesh and Maharashtra and with the most recent enhance, worth in Mumbai too was inching in the direction of that degree.
Fuel prices differ from state to state relying on the incidence of native taxes akin to VAT and freight expenses. Rajasthan levies the best value-added tax (VAT) on petrol in the nation, adopted by Madhya Pradesh and Maharashtra.
Since March final 12 months when the federal government raised excise responsibility on gasoline to an all-time excessive, petrol worth has elevated by a document Rs 22.99 per litre (after accounting for a handful of events when rates fell) and diesel by Rs 20.93.
Central and state taxes make up for 60 per cent of the retail promoting worth of petrol and over 54 per cent of diesel. The union authorities levies Rs 32.90 per litre of excise responsibility on petrol and Rs 31.80 on diesel.
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