Petrol and diesel costs continued their upward momentum throughout the nation and inched to recent new highs on Monday, February 15, 2021. In the nationwide capital, the worth of petrol was hiked by 26 paise a litre, whereas diesel received dearer by 29 paise.
Following as we speak’s hike, petrol now prices Rs 88.99 a litre within the nationwide capital whereas diesel is out there for Rs 79.35. In Mumbai, petrol value now stands at Rs 95.46 whereas diesel is retailing at Rs 86.34. The gasoline costs are presently retailing at their file highs within the nation.
In Rajasthan’s Sri Ganganagar district, petrol soared to Rs 99.56 and diesel jumped to Rs 91.48 per litre. This is the best retail value of auto fuels throughout the nation.
Petrol and diesel costs range from state to state and taxes are levied on them by each central in addition to the state governments. Rajasthan, which levies the best VAT on gasoline within the nation, had the best petrol and diesel costs. Late final month, it had lower VAT on petrol and diesel by 2 per cent.
Despite this, the state has the best VAT at 36 per cent plus Rs 1,500 per kilolitre street cess on petrol. On diesel, Rajasthan levies 26 per cent and Rs 1,750 per kl street cess, information company PTI reported on Sunday.
Last week, Petroleum and Natural Gas Minister Dharmendra Pradhan in a reply in Rajya Sabha had stated that authorities was not at present taking a look at chopping taxes on petrol and diesel.
Fuel costs are revised every day consistent with benchmark worldwide value and overseas trade charges.
In the worldwide market, oil costs rose to their highest in additional than a 12 months on Monday, after a Saudi-led coalition preventing in Yemen stated it intercepted an explosive-laden drone fired by the Iran-aligned Houthi group, elevating fears of recent Middle East tensions, information company Reuters stated in a report.
Brent crude rose $1 to $63.43 a barrel whereas US crude oil gained $1.2 to $60.7, the report stated.
Here’s what you pay for a litre of petrol and diesel in your metropolis on Monday, February 15, 2021:
City
Petrol (Rs/litre)
Diesel (Rs/litre)
New Delhi
88.99
79.35
Mumbai
95.46
86.34
Kolkata
90.25
82.94
Chennai
91.19
84.44
Bengaluru
91.97
84.12
Hyderabad
92.53
86.55
Patna
91.38
84.57
Jaipur
95.44
87.69
Lucknow
87.64
79.72
Thiruvananthapuram
90.87
85.30
Source: Indian Oil Corporation