Petrol Diesel Price Hike: Taking a big decision, the Punjab government has increased the VAT on petrol and diesel. This means that now the people of Punjab will have to pay more for one liter of petrol. At the same time, the prices of diesel have also increased. Now the cost of one liter of petrol in the state will be Rs 98.65. At the same time, the price of diesel has gone up to Rs 88.95 per litre.
The Punjab government has taken this decision at a time when there has been no change in the prices of petrol and diesel since last year. The prices of petrol and diesel have remained stable since April 2022. There has been no change in its price in all metros including New Delhi.
How much VAT has been increased by the Punjab government
Petrol VAT rate has been increased by about 1.8 percent. Due to this, petrol has been made costlier by 92 paise per litre. At the same time, the diesel VAT rate has increased by 1.13 percent. There has been an increase of 90 paise per liter in this. The increased prices have come into effect from 12 midnight. Petrol VAT rate has been increased by about 1.8 percent. Due to this, petrol has been made costlier by 92 paise per litre. At the same time, the diesel VAT rate has increased by 1.13 percent. There has been an increase of 90 paise per liter in this. The increased prices have come into effect from 12 midnight. After this increase, one liter of petrol will be available in Mohali for Rs 98.95 instead of Rs 98.3. Whereas diesel will be available for Rs 89.25 instead of Rs 88.35.
