Petrol price hiked by ₹2.45, diesel by ₹2.36 following tax hike in Budget
Rates vary from state to state depending upon the incidence of local sales tax or VAT
Petrol price was on Saturday hiked by a minimum ₹2.40 per litre and diesel by ₹2.36 after Finance Minister Nirmala Sitharaman raised taxes on the fuels to part-fund her Budget for 2019-20.
Petrol price in Delhi was increased by ₹2.45 per litre to ₹72.96 while the increase in Mumbai was ₹2.42 to ₹78.57, according to a price notification issued by state-owned Indian Oil Corp (IOC). In Kolkata, petrol price went up by ₹ 2.40 to ₹75.15 and in Chennai by ₹2.57 to ₹75.76 a litre. Diesel price was hiked by ₹2.36 per litre in Delhi to ₹ 66.69 and by ₹ 2.50 per litre in Mumbai to ₹ 69.60.
