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Petrol Diesel Price Today Latest Update: There are always fluctuations in the prices of diesel petrol. Sometimes it is increased and sometimes it is also seen. Because first of all it is determined by the oil company. After that tax is imposed on it by the Government of India. And after that the state government also has the right. Apply tax on it or make it free. In this article, Petrol Diesel Price Today Latest Update will be told.
Please tell that at present the price of petrol diesel is close to ₹ 100. In some state it is more than ₹ 100 and in some state it is less than ₹ 100. This is because each state government applies the text accordingly. Some state government imposes more tax on it and some state government imposes less tax on it. The state which has more diesel petrol consumption. Its price is also high there and in the state where there is less consumption, its price is less there.
Because India cannot run even for 1 minute without diesel petrol, the whole inflation is dependent on diesel petrol. If the diesel petrol price increases by ₹ 1 today, then the price of every item is increased. Whose full effect is on the common citizens. And they have to face trouble. And inflation has to be faced. That’s why everyone wants that the prices of diesel and petrol remain low so that inflation does not increase much.
Petrol Diesel Price Today Latest Update
The price of diesel petrol was changed a few days back. But at present no change has been made, it is running as per the previous price. But in the coming few days, a big change can be seen in the prices of diesel petrol. Whenever the price of diesel petrol increases, the Government of India wants to keep it low. Because the oil company will have to increase the price of diesel petrol on time.
If not increased, the company may suffer more loss. And if this oil company increases the price more, then the Government of India reduces the tax on it. Because of which diesel is not able to read the price of petrol much. At present, there has been no change in the prices of diesel petrol. Now diesel petrol is being available at the same price that it was getting in the past. So now all of you will have to wait for a while, after that it will be changed.
Because there is no change in the price of diesel petrol right now. Lok Sabha elections are going to be held next year. Before the elections, all of you can see a reduction in the prices of diesel and petrol. The central government would like all the common citizens to be happy. And will be happy only when the inflation is less and inflation is completely dependent. That’s why the price of diesel petrol can be reduced quickly.
How are the prices of petrol and diesel decided in India?
The prices of petrol and diesel are fixed by oil marketing companies. On the basis of crude oil prices in the global market, oil companies keep reviewing the prices of petrol and diesel daily. The state and central governments levy taxes on the retail prices of petrol and diesel. The government does not decide the prices of petrol and diesel. Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited and Bharat Petroleum Corporation Limited are public sector oil marketing companies.
Why are the prices of petrol and diesel different in different states?
Petrol and diesel prices do not come under the purview of Goods and Services Tax. Excise duty on petrol and diesel is collected by the central government and VAT by the state government. Value Added Tax varies from state to state, hence we see this difference in the prices of petrol and diesel.
What is the cost of diesel and petrol in your city?
Delhi: Petrol Rs 96.72 and diesel Rs 89.62 per litre.
Mumbai: Petrol Rs 106.31 and diesel Rs 94.27 per litre.
Kolkata: Petrol Rs 106.03 and diesel Rs 92.76 per litre.
Chennai: Petrol Rs 102.63 and diesel Rs 94.24 per litre.