- Petrol and diesel prices remained unchanged for three consecutive days
- The price of fuel has gone up by Rs 10 since March 22 due to continuous increase in expenditure
- Find out how much you are paying as tax when buying petrol and diesel above Rs 100
Petrol and diesel prices have remained stable for three consecutive days. This seems to be a bit of a relief as the expenditure has been climbing upwards for the last few days. Due to the continuous increase since March 22, fuel has increased by Rs 10 per liter.
We have to understand that even though prices have remained stable for three days in a row, petrol and diesel are being sold at different rates in different states. Surprisingly, one person pays Rs 65 tax on Rs 100 petrol in Maharashtra and Andhra Pradesh. Statistics from other states will also surprise you.
Madhya Pradesh and Kerala have to pay around Rs 61 per 100, Rajasthan Rs 60, Chhattisgarh-Karnataka Rs 55 and West Bengal Rs 54.
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Similarly, in Punjab, 53 rupees 100 rupees, in Bihar-Jharkhand 52 rupees, in Jammu and Kashmir 50 rupees and in UP 48 rupees and in Gujarat 46 rupees. This includes taxes from both the central and state governments.
According to IOCL, on April 9, petrol will cost Rs 105.41 per liter and diesel Rs 96.67 per liter in Delhi. In Indore, Madhya Pradesh, petrol is being sold at Rs 118.26 per liter and diesel at Rs 101.29 per liter. At Balaghat, petrol is priced at Rs 120.48 and diesel at Rs 103.32 per liter. Oil companies have risen 14 times in the last 19 days, leading to a sharp rise in fuel costs.
In the first nine months of the current financial year (2021-22) (April-December), the central government’s revenue from petroleum tax increased by about 24 per cent to Rs 3,31,621.07 crore.
Taxes on petrol and diesel are also on the rise. In 2014, the central government levied excise duty of Rs 9.48 per liter on petrol, which increased to Rs 32.90 in November 2021, now it is Rs 27.90 per liter.
Also read: Petrol, diesel prices increased by Rs 10 in 2 weeks Check the revised rate in your city
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