Maharashtra reduces petrol prices by ₹5 per litre, diesel by ₹3 per litre

In a major relief to commuters, the Maharashtra government on Thursday reduced the VAT (Value Added Tax) on fuel prices thereby slashing petrol and diesel price by ₹5 and ₹3 respectively.

Chief minister Eknath Shinde made the announcement after the state cabinet meeting and said the decision will give relief to people from inflation.

After the reduction, petrol will now be sold for ₹111.35 per litre while diesel will be sold for ₹97.28 per litre.

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