- VAT on petrol was increased to 30% from 27%, previously. In the case of diesel, VAT has been almost doubled to 30% from 16.75%
- Petrol in Delhi now costs ₹71.26 a litre as against ₹69.59 previously.
- Previously, the Delhi government imposed a 70% fee on the maximum retail price of all categories of liquor sold through retail licenses for consumption off the premises.
Yesterday, the Delhi government imposed a 70% fee on the maximum retail price of all categories of liquor sold through retail licenses for consumption off the premises.
Most of the state government across India are increasing value-added tax (VAT) on fuels to rescue themselves from massive revenue losses. Recently, Haryana too raised taxes on petrol and diesel by ₹1 and ₹1.1 per litre. Whereas, Tamil Nadu government hiked petrol prices by ₹3.25 litre and diesel by ₹2.50 litre.
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