Petrol cheaper by over Rs 8, diesel by Rs 7 per liter a day after excise duty cut revised rates

Image Source: PTI

Jalandhar: On Saturday 21 May 2022, petrol pump workers in Jalandhar filled petrol in vehicles when the fuel price was low.

Highlight

  • The price of petrol has been cut by Rs 8.69 per liter.
  • Diesel price has been cut by Rs 7.05 per liter
  • The development comes a day after the excise duty cut was announced.

Petrol Diesel Price Today: A day after Union Finance Minister Nirmala Sitharaman announced a cut in excise duty on petrol and diesel prices, the price of petrol has been cut by Rs 8.69 per litre, and the price of diesel by Rs 7.05 per litre. Is. Bowing to pressure, the government on Saturday cut excise duty on petrol by a record Rs 8 per liter and diesel by Rs 6 per liter to provide relief to consumers battling high fuel prices, which have also pushed inflation to record highs. has reached.

In the national capital, the cut in excise duty will result in a reduction of Rs 9.5 per liter on petrol and Rs 7 per liter in diesel, taking into account its impact on other duties.

price of petrol Delhi From Sunday, when the excise duty cut becomes effective, it will cost Rs 95.91 per liter as against Rs 105.41 per liter currently, while diesel will cost Rs 89.67 per liter as against Rs 96.67.

in MumbaiPetrol prices have come down from Rs 120.51 to Rs 111.35 per liter, while diesel rates have come down from Rs 104.77 to Rs 97.28 per litre. Rates vary from state to state depending on the incidence of local taxes such as VAT.

Read also: ‘People are always first for us’: PM Modi’s reaction to price cut on petrol, diesel and LPG

Petrol now costs Rs 106.03 per liter Kolkata (earlier Rs 115.12) and Rs 102.63 inch Chennai (earlier Rs 110.85). Diesel was priced at Rs 92.76 (earlier Rs 99.83) in Kolkata and Rs 94.24 (earlier Rs 100.94) in Chennai.

Announcing the fee cut through tweet, Finance Minister Nirmala Sitharaman also said that the government will give a subsidy of Rs 200 per cylinder for 12 cylinders in a year to the poor getting LPG connections under the Ujjwala scheme, so that cooking can be done. may help in reducing some of the burden arising out of Gas rates are rising at record levels.

Read also: Don’t fool the public: Congress slams government for cutting petrol, diesel prices

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