Business
Delhi Government Raises VAT, Petrol Hiked By Rs 1.67 A Litre, Diesel By A Steep Rs 7.10 Per Litre
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Already reeling under Lockdown 3.0 and COVID-19 pandemic the last thing the Aam Aadmi wants is rise in prices. In major announcement by the Delhi government, the Petrol price in the national capital was hiked by Rs 1.67 a litre and Diesel by a steep Rs 7.10 per litre.
The country has been in Lockdown since March 24 . The first phase was from March 24 to April 14. The second phase was from April 14 to May 3. But the MHA in a order further extended the Lockdown 3.0 till May 17
This came into force after the Delhi government raised local sales tax or value-added tax on the two fuels. Petrol in Delhi now costs Rs 71.26 a litre as against Rs 69.59 previously, oil industry sources said.
This follows Delhi government’s decision to raise VAT on petrol to 30 per cent from 27 per cent, previously. In case of diesel, VAT has been almost doubled to 30 per cent from 16.75 per cent.
