Source: Agencies17 Dec 2016 10:01:24
New Delhi, December 17: Government after demonetisation trying to provide some relief by giving several discounts on digital transactions. But still people are not getting any relief as now prices of petrol and diesel are hiked. Like to tell you that he price of petrol from Friday hiked by Rs 2.21 a litre, and the price of diesel by Rs 1.79 per litre, excluding local taxes.
This increase excludes local taxes. The actual hike after considering VAT would be Rs 2.84 per litre in Delhi for petrol and Rs 2.11 for diesel. The new prices for petrol and diesel came into effective since Friday midnight. After the hike, petrol in Delhi will cost Rs 68.94 per litre against Rs 66.10 whereas a litre of diesel will now cost Rs 56.68 as compared to Rs 54.57.
"The current level of international product prices of petrol and diesel and Rupee-US Dollar exchange rate warrant increase in selling price of petrol and diesel, the impact of which is being passed on to the consumers with this price revision," IOC said in a statement.
Prior to this price change, rates were hiked by Rs 1.46 a litre for petrol and Rs 1.53 per litre for diesel, excluding local levies, on 16 November. Interestingly, Rates were last revised on 1 December, when petrol price was hiked by a marginal 13 paise a litre, but diesel rates were cut by 12 paise.