Giving relief to the public, the Delhi government has reduced the prices of petrol. VAT reduced in the cabinet meeting held on Wednesday. After which one liter of petrol has become cheaper by eight rupees.
Petrol becomes cheaper in Delhi
Giving relief to the public, the Delhi government has reduced the prices of petrol. The decision to reduce VAT taken in the cabinet meeting held on Wednesday. After which a liter of petrol has become cheaper by eight rupees. In the meeting, the Delhi government reduced the VAT on petrol from 30 percent to 19.40 percent. After this, the price of petrol will be reduced by eight rupees from tonight. The new prices of petrol will be applicable from midnight tonight.
On the occasion of Diwali, the central government gave gifts to the public.
Since the beginning of this year, the prices of petrol and diesel were on fire across the country. After increasing oil prices for several days, finally, on the occasion of Diwali, the central government gave a gift to the public. The government had reduced the excise duty by five and ten rupees.
Relief continued for almost the whole month
This cabinet meeting took place at 11:30. At the same time, oil companies have also not increased the prices of petrol and diesel since the reduction in excise duty. According to Indian petroleum marketing company Indian Oil Corporation (IOCL), the prices of petrol and diesel remained stable on December 1. Petrol in the national capital Delhi stands at Rs 103.97 per liter, while in Mumbai it stands at Rs 109.98 per liter. However, after the reduction of petrol price by eight rupees in the capital, the new rates will be applicable from midnight. If the oil companies do not make any change in the prices of petrol on Thursday, then a liter of petrol will be available for around Rs 95. Apart from this, diesel sold at Rs 86.67 in Delhi and Rs 94.14 per liter in Mumbai. Apart from this, the price of petrol in Kolkata is Rs 104.67 while diesel sold at Rs 89.79 per liter. At the same time, in Chennai too, petrol is stable at Rs 101.40 while diesel at Rs 91.43 a liter.
Oil prices are released every morning
It is worth noting that on the basis of crude oil prices in the international market, the prices of petrol and diesel released daily. Oil companies release oil prices every morning at 6 am. These prices can be found through SMS. For this, customers of Indian Oil (IOCL) will have to write the code and send it to the number 9224992249.