Today's Petrol and Diesel Prices in Delhi, Mumbai, and Other Cities
According to a price notification issued by state-owned fuel merchants on January 12, gasoline and diesel prices remained steady. The rates have remained unchanged as a result of the Centre's highest-ever excise duty drop to bring them down from record highs.
On November 3, the government reduced petrol duty by Rs 5 per liter and diesel duty by Rs 10 per liter. As a result, many states and union territories reduced their local sales tax or value-added tax (VAT) to provide additional assistance to consumers.
The most recent addition to the list is Delhi, which dropped the VAT on gasoline from 30% to 19.41% as of December 1 at midnight, lowering the price by about Rs 8 per liter to Rs 95.41 in the city.
The price of petrol in Mumbai has remained steady since the November 4 drop, at Rs 109.98 per liter. The price of diesel remained unchanged at Rs 94.14 per liter.
Petrol and diesel rates in Kolkata stayed unchanged at Rs 104.67 and Rs 89.79 per liter, respectively.
A liter of petrol was sold in Chennai for the same price of Rs 101.40. The price of diesel remained steady at Rs 91.43 per liter as well.
Ladakh, Karnataka, Puducherry, Jammu and Kashmir, Sikkim, Mizoram, Delhi, Himachal Pradesh, and Daman and Diu are among the states and union territories that have received VAT reductions as a result of the Centre's excise tax drop.
Dadra and Nagar Haveli, Chhattisgarh, Assam, Madhya Pradesh, Tripura, Gujarat, Nagaland, Punjab, Goa, Meghalaya, Odisha, Rajasthan, Arunachal Pradesh, Manipur, Andaman & Nicobar, Bihar, Uttarakhand, Uttar Pradesh, and Haryana were next in line.
From Republic Day, Jharkhand Chief Minister Hemant Soren has proposed a Rs 25 per liter reduction in fuel and diesel prices for two-wheelers owned by the poor in the state. On December 29, Soren announced the end of the JMM-led coalition government in the state, which had been in power for two years.
Maharashtra and Tamil Nadu are two states ruled by the Congress and its allies that have yet to cut their VAT. West Bengal, which is ruled by the Trinamool Congress, Kerala, which is ruled by the Left, Telangana, which is ruled by the TRS, and Andhra Pradesh, which is ruled by the YSR Congress, have all declined to follow suit.
Congress-ruled Punjab saw the biggest drop in petrol prices in the country after cutting VAT the most, while Ladakh saw the most drop in diesel prices.