Petrol-Diesel Price Today: After Tamil Nadu, now people in Puducherry have also got a big relief in petrol prices. The Puducherry government on Wednesday 25 August announced a three percent reduction in VAT (Value Added Tax) on petrol. According to news agency PTI, this decision to cut VAT was taken by Puducherry Chief Minister N Rangaswamy in a cabinet meeting and according to the official press release it has been approved by Tamilisai Soundararajan, Lieutenant Governor of Union Territory of Puducherry. After this decision, now there is a relief of Rs 2.43 per liter in the price of petrol in Puduchuri and Karaikal region. In Puducherry, petrol is being sold at Rs 101.81 per liter and diesel at Rs 92.73 per liter today.
Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) revise oil prices every day on the basis of international price and foreign exchange rates. The price of petrol and diesel is fixed on the basis of freight charges, local taxes and VAT, due to which its prices are different in every state.
Stock Tips: Fall in Nifty is a golden opportunity to enter the market, you can earn 13% profit in a month by investing in these two stocks
Tamil Nadu has already reduced tax on petrol
Before this decision of Puducherry, people in Tamil Nadu got some relief from expensive oil when the state government had reduced the tax of 3 rupees per liter of petrol. Tamil Nadu Finance Minister P Thyaga Rajan announced this in the state budget. This will put a burden of Rs 1,160 on the state exchequer of Tamil Nadu every year. Rajasthan has the highest VAT on Petrol-Diesel at 36 percent. 35 in Karnataka, 35.20 in Telangana and 32 per cent in Odisha, VAT is levied on petrol and diesel and in most states and union territories of the country, the price of petrol is beyond 100.
Check your city rate like this
The country’s three oil marketing companies HPCL, BPCL and IOC issue new rates of petrol and diesel every day after 6 am. For new rates, you can get information by visiting the website of these oil companies. Apart from this, you can also check the rate through SMS on your mobile phone. You can also find out about the price of petrol and diesel by sending an SMS to 92249 92249.
For this, you have to send RSP