Petrol and Diesel prices hiked in Delhi

The hike is due to increase in VAT by Delhi government

Prices for a litre of petrol have been hiked by Rs 1.67 while diesel has become dearer by Rs 7.10. This has resulted in petrol now being priced at Rs 71.26 per litre while diesel costs Rs 69.39 per litre.

The Delhi government has hiked the VAT on fuel prices in the region, resulting in a significant price hike for petrol and diesel. The VAT on petrol and diesel have been increased from 27% to 30% and 16.75% to 30% respectively.