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 Chief Minister Siddaramaiah, who also holds the finance portfolio, decided to increase the petrol price after reviewing the state's revenue generation and fiscal position. 

Petrol, diesel to get costlier in Karnataka as govt hikes sales tax on fuel

Chief Minister Siddaramaiah, who also holds the finance portfolio, decided to increase the petrol price after reviewing the state's revenue generation and fiscal position.

Karnataka government on Saturday hiked sales tax on fuel which will make petrol and diesel costlier.
According to official sources, petrol will now go up by Rs 3 and diesel by Rs 3.5 per litre.
In a notification issued by the Finance Department, the government has hiked sales tax on petrol by 3.92 percentage points, from 25.92 to 29.84 per cent.
On diesel, the hike is 4.1 percentage points, from 14.34 to 18.44 per cent.
This notification shall come into force with immediate effect, it said.
The decision comes days after the Lok Sabha poll results, in which NDA got 19 out of 28 seats in Karnataka, with BJP winning 17 and JD(S) with 2. The ruling Congress in the state has won nine seats.
The move, aimed at resource mobilisation, comes after Chief Minister Siddaramaiah, who is also the finance minister, reviewed the state's revenue generation and fiscal position.
During the meeting, the CM asked officials to work harder towards meeting revenue collection targets.
According to sources, the hike is expected to generate Rs 2,500-Rs 2,800 crore during the financial year.
Hitting out at the government, Karnataka BJP president B Y Vijayendra urged the chief minister to roll back the hike in petrol and diesel prices, as he threatened a state-wide protest by the party on Monday, at all district centres.
"Faced by defeat in Lok Sabha polls, the chief minister is not ready to accept that the financial situation of the state has deteriorated, but the hike in fuel prices proves it. The government is unable to run the administration because of guarantees, they are unable to get proper resources....The government should withdraw this decision (of fuel price hike)," he said.
Leader of Opposition in the Karnataka Assembly R Ashoka said this "anti-people" Congress government is taking revenge on Kannadigas for voting BJP in the Lok Sabha elections.
"Having emptied the state's coffers with its unscientific guarantee schemes the Congress government in Karnataka is going to fill the treasury by taxing the Kannadigas," he posted on 'X', adding that with this hike the government has "cut" into the public pocket.
Siddaramaiah has set aside Rs 52,009 crore for his government's flagship five guarantee schemes this year.
The Congress government's five guarantee schemes are &mdash; 200 units of free power to all households (Gruha Jyoti), Rs 2,000 monthly assistance to the woman head of every family (Gruha Lakshmi), payment of cash-in-lieu of the additional 5 kg of rice to every member of a BPL household (Anna Bhagya), Rs 3,000 every month for unemployed graduate youth and Rs 1,500 for diploma holders for two years (YuvaNidhi), and free travel for women in public transport buses (Shakti)
Also watch: <a href="https://www.editorji.com/india-news/chhattisgarh/eight-naxalites-one-stf-jawan-killed-in-encounter-in-chhattisgarh-1718446608555">Eight Naxalites, one STF jawan killed in encounter in Chhattisgarh</a>

Once again, for the third consecutive day, petrol and diesel prices hid all-time highs on Thursday as international crude oil prices continue to rise after the recent&nbsp;announcement by OPEC+
Petrol and diesel rates across the country have been hiked for the second straight day by 30 paise and 35 paise respectively, taking the petrol price to&nbsp;₹103.24 per litre in Delhi whereas diesel has become expensive at&nbsp;₹91.77 per litre, as per price notification by state-run by state-run oil companies.
This is the third consecutive day of hikes. On Tuesday, petrol and diesel prices increased by 30 paise per litre.
The latest round of hikes came after the global benchmark Brent jumped to $82.53 per barrel, while West Texas Intermediate rose to $78.87 a barrel.
The price of cooking gas LPG was hiked by Rs 15 per cylinder on Wednesday, in line with a surge in international fuel prices.
Petrol and diesel prices in major Indian cities
City&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Petrol&nbsp; &nbsp; &nbsp; Diesel&nbsp;
Delhi&nbsp; &nbsp; &nbsp; 103.24&nbsp; &nbsp; &nbsp;91.77
Mumbai&nbsp; &nbsp;109.25&nbsp; &nbsp; 99.55
Kolkata&nbsp; &nbsp; 103.94&nbsp; &nbsp; 94.88
Chennai&nbsp; &nbsp; 100.75&nbsp; &nbsp;96.36
Bangalore&nbsp; 106.83&nbsp; &nbsp;97.40
Bhopal&nbsp; &nbsp; &nbsp; 111.76&nbsp; &nbsp;100.80
Lucknow&nbsp; &nbsp;100.31&nbsp; &nbsp; 92.20
Patna&nbsp; &nbsp; &nbsp; &nbsp;106.24&nbsp; &nbsp; 98.25
&nbsp;

Hat-trick of hikes for petrol and diesel!  And it is not over yet, Diesel crosses over 100 mark

Fuel On Fire

Cooking gas now costs ₹899.50 per cylinder in New Delhi

Petrol price above&nbsp;₹103 in Delhi as fuel prices hiked for third straight day

For the third consecutive day, petrol and diesel prices hid all-time highs on Thursday as international crude oil prices continue to rise after the recent&nbsp;announcement by OPEC+
Petrol and diesel rates across the country have been hiked for the second straight day by 30 paise and 35 paise respectively, taking the petrol price to&nbsp;₹103.24 per litre in Delhi whereas diesel has become expensive at&nbsp;₹91.77 per litre.&nbsp;
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This is the third consecutive day of hikes. On Tuesday, petrol and diesel prices increased by 30 paise per litre.
The latest round of hikes came after the global benchmark Brent jumped to $82.53 per barrel, while West Texas Intermediate rose to $78.87 a barrel.
The price of cooking gas LPG was hiked by Rs 15 per cylinder on Wednesday, in line with a surge in international fuel prices.
Petrol and diesel prices in major Indian cities
City&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Petrol&nbsp; &nbsp; &nbsp; Diesel&nbsp;
Delhi&nbsp; &nbsp; &nbsp; 103.24&nbsp; &nbsp; &nbsp;91.77
Mumbai&nbsp; &nbsp;109.25&nbsp; &nbsp; 99.55
Kolkata&nbsp; &nbsp; 103.94&nbsp; &nbsp; 94.88
Chennai&nbsp; &nbsp; 100.75&nbsp; &nbsp;96.36
Bangalore&nbsp; 106.83&nbsp; &nbsp;97.40
Bhopal&nbsp; &nbsp; &nbsp; 111.76&nbsp; &nbsp;100.80
&nbsp;
&nbsp;
&nbsp;

Petrol Price Today: Petrol and diesel prices have gone up in the national capital to ₹88.99 per litre and ₹79.35 per litre, respectively on Monday.

Petrol Price Today: Petrol prices shoot up to ₹88.99/litre; Diesel at ₹79.35 in Delhi

Petrol and diesel prices have gone up in the national capital to ₹88.99 per litre and ₹79.35 per litre, respectively on Monday. As compared to yesterday, the price of petrol has become costlier by 26 paise while diesel price increased by 29 paise. Finance Minister Nirmala Sitharaman had in budget 2021 announced the imposition of Agriculture Cess of ₹2.5 per litre on petrol and ₹4 per litre on diesel.

Delhi: Petrol prices shoot up to ₹88.99/litre; Diesel at ₹79.35

Petrol and diesel prices have gone up in the national capital to ₹88.99 per litre and ₹79.35 per litre, respectively on Monday. As compared to yesterday, the price of petrol has become costlier by 26 paise while diesel price increased by 29 paise. Finance Minister Nirmala Sitharaman had in budget 2021 announced the imposition of Agriculture Cess of ₹2.5 per litre on petrol and ₹4 per litre on diesel.

Petrol and diesel prices have gone up in the national capital to ₹88.99 per litre and ₹79.35 per litre, respectively on Monday. As compared to yesterday, the price of petrol has become costlier by 26 paise while diesel price increased by 29 paise.
Finance Minister Nirmala Sitharaman had in budget 2021 announced the imposition of Agriculture Cess of ₹2.5 per litre on petrol and ₹4 per litre on diesel.

Petrol Diesel Price Today: Petrol price scaled to an all-time high in Mumbai and Delhi after state-owned fuel retailers hiked the rates on Friday. 

Petrol Diesel Price Today: Petrol hits all-time high in Delhi, Mumbai after rate hike

Petrol price scaled to an all-time high in Mumbai and Delhi after state-owned fuel retailers hiked the rates on Friday. In Mumbai, the price of petrol now stands at Rs 92.04 per litre. One litre of petrol in Delhi now costs Rs 85.45, as against Thursday&rsquo;s rate of Rs 85.20, according to Indian Oil Corporation, the country's largest fuel retailer. Diesel price was also hiked on Friday. In the national capital, the price of diesel now stands at Rs 75.63 per litre. The diesel price in Mumbai is Rs 82.40 per litre. Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

Petrol hits new all-time high of ₹85.45 per litre in Delhi

Petrol prices hit a fresh high in Delhi, Mumbai
Petrol price crosses Rs 92 mark for first time in Mumbai
One litre of petrol in Delhi now costs Rs 85.45
Price scaled after state-owned fuel retailers hiked rates

Petrol price scaled to an all-time high in Mumbai and Delhi after state-owned fuel retailers hiked the rates on Friday. In Mumbai, the price of petrol now stands at Rs 92.04 per litre.
One litre of petrol in Delhi now costs Rs 85.45, as against Thursday&rsquo;s rate of Rs 85.20, according to Indian Oil Corporation, the country's largest fuel retailer.
Diesel price was also hiked on Friday. In the national capital, the price of diesel now stands at Rs 75.63 per litre. The diesel price in Mumbai is Rs 82.40 per litre.
Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

petrol price today

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