Petrol, Diesel Prices Today: Fuel rates remain stable. Check Late Rate Here

What is the price of 1 liter of petrol in Delhi? 95.41 per liter and diesel price 86.67 per liter. While the prices of petrol and diesel in the country’s financial capital remain stable. 109.98 per liter and 94.14 per liter respectively.

Petrol and Diesel Price in Kolkata and Chennai 104.67 per liter and 89.79 per liter and 101.40 per liter and 91.43 per liter respectively in Chennai.

Additionally, in Bangalore, petrol is available 100.58 per liter and on diesel 85.01 and now in Hyderabad one liter of petrol is available 108.20 and the price of diesel 94.62 for one liter diesel. Prices vary from state to state, depending on local taxes and the cost of transportation.

Meanwhile, central taxes on petrol and diesel contributed to 4.55 trillion to the central government exchequer in the last financial year, with the states collecting 2.02 trillion in the form of Sales Tax / Value Added Tax (VAT) in 2020-21.

This comes in the backdrop of high transport fuel prices, even as the government has reduced the ‘central excise duty’ on petrol and diesel. 5 more 10, respectively, on November 3. This was followed by reduction in VAT on fuel by many states.

The Minister of State for Petroleum and Natural Gas, Shri Rameshwar Teli in a written reply to a question in Rajya Sabha today informed that the contribution of petroleum sector to the Central exchequer during the last five years has been given. said in a statement.

Major oil consumers, including India, are trying unsuccessfully to persuade the OPEC-plus grouping, which includes 23 countries, that rising crude prices will have an impact on the global economic recovery. India, the world’s third largest oil importer, has agreed to release 5 million barrels of crude oil from its strategic oil reserves in coordination with other major consumers including the US, China, Japan and South Korea.

(with inputs from agencies)