Petrol, Diesel prices today: Fuel rates remain unchanged on January 23| Check the latest city-wise rates here
India Today
There has been no change in the prices of petrol and diesel across major Indian cities on Sunday, January 23, 2022. Check the latest city-wise rates here.
There has been no change in the prices of petrol and diesel across major Indian cities on Sunday, January 23, 2022.
In Delhi, petrol is retailing at Rs 95.41 per litre and diesel costs Rs 86.67 per litre. In India's financial capital, Mumbai, the prices of petrol and diesel stand at Rs 109.98 per litre and Rs 94.14 per litre, respectively.
In Kolkata, petrol costs Rs 104.67 per litre and people have to shell out Rs 89.97 for one litre of diesel. The November 4 decline took the prices of petrol and diesel down to Rs 101.40 per litre and Rs 91.43 per litre in Chennai, respectively.
On November 3, the government cut the excise duty on petrol and diesel by Rs 5 and Rs 10 per litre, respectively, giving a big relief to consumers. It was the highest-ever reduction in excise duty.
Following this, many NDA-rules states slashed the Value-Added Tax (VAT) to further give a respite to customers battered by record-high fuel prices.
The fuel rates were sometimes stable and also touched record highs across the country. However, for the past two months, prices have remained stable after the central government announced an excise cut on the prices of petrol and diesel.
The prices of petrol and diesel vary from state to state and also in cities, depending on the incidence of local taxes like value-added tax (VAT) and freight charges. As per the reports, Rajasthan levies the highest VAT in the country, followed by Maharashtra and Madhya Pradesh.