Bengaluru to pay more for petrol, diesel from next month

BENGALURU : Petrol and diesel in Karnataka will cost more from April 1, as the state budget for fiscal 2020-21 has proposed 3 per cent increase in VAT on both the most consumed fuels, Chief Minister B.S. Yediyurappa said on Thursday.

“Petrol price will increase by ₹1.60 per litre and diesel by ₹1.59 a litre from April 1, as I propose to increase 3 per cent value added tax (VAT) on both the fuels,” Yediyurappa said while presenting the state budget for the ensuing fiscal in the state legislative assembly at Vidhana Soudha.

The budget proposes to increase VAT on petrol to 35 per cent from 32 per cent and on diesel to 24 per cent from 21 per cent.