Shock: Petrol turns into costly, past Rs 72, diesel costs additionally enhance

by Jeremy Spirogis
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new Delhi. On Sunday, February 23, 2020, the charges of petrol and diesel have been elevated. Today petrol has elevated by about 7 paise per liter to Rs 72.01 per liter. At the identical time, the speed of diesel elevated by 5 paise per liter to Rs 64.70 per liter. Government oil corporations, after reviewing costs, repair petrol and diesel charges each day. Indian Oil, Bharat Petroleum and Hindustan Petroleum revise, and subject petrol charges and diesel charges from 6 am each day.

Know today's charges of petrol and diesel

– The value of 1 liter petrol in Delhi is now Rs 72.01. At the identical time, 1 liter diesel is priced at Rs 64.70 per liter.

– The value of 1 liter petrol in Kolkata is now Rs 74.58. At the identical time, 1 liter diesel is priced at Rs 66.97 per liter.

– The value of 1 liter petrol in Mumbai is now 77.60 rupees. At the identical time, 1 liter diesel is priced at Rs 67.75 per liter.

– Now the value of 1 liter petrol in Chennai is Rs 74.73. At the identical time, 1 liter diesel is priced at Rs 68.27 per liter.

This is the premise for fixing the value

Petrol and diesel costs change every day, relying on what the crude costs are within the worldwide market together with overseas trade charges. <! –

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                 On the premise of those requirements, the oil corporations do the work of fixing the petrol fee and diesel fee every day.

How a lot tax in petrol

In the quantity you pay for petrol and diesel offered, you’re paying tax for 55.5 p.c of petrol and 47.three p.c of diesel.

Dealers additionally add their margin

The sellers are the individuals operating the petrol pumps. They promote themselves at retail costs to shoppers after including taxes and their very own margins to shoppers. This price can be added to the petrol fee and diesel fee.

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