Oil marketing companies have released new prices of petrol and diesel for Monday, July 8. Like for more than 2 consecutive months, there has been no change in the price of petrol and diesel even today.
Oil marketing companies have released new prices of petrol and diesel for Monday, July 8. Like for more than 2 consecutive months, there has been no change in the price of petrol and diesel even today. And prices have remained stable. The price of petrol in the capital Delhi is Rs 96.72 per liter. The price of one liter of petrol in Mumbai remains stable at Rs 106.35, in Kolkata at Rs 106.03 and in Chennai at Rs 102.63.
How to check your city price?
At the same time, the price of one liter of diesel in Delhi is Rs 89.62, in Mumbai Rs 94.28, in Kolkata Rs 92.76 and in Chennai Rs 94.24. Petrol and diesel are the most expensive in the financial capital Mumbai. If you want to see the latest prices of petrol and diesel in your city, then you can check by clicking on this link.
The last change in the price of petrol and diesel was on 22 May. At that time the government had cut the excise duty on oil. There has been no change in the price of petrol and diesel since 22 May.
Current prices of petrol and diesel in major cities of the country (Rs per liter)
| city | petrol | diesel |
| Delhi | 96.72 | 89.62 |
| Mumbai | 106.35 | 94.28 |
| Kolkata | 106.03 | 92.76 |
| Chennai | 102.63 | 94.24 |
| Lucknow | 96.57 | 89.76 |
| Jaipur | 108.48 | 93.72 |
| Bhopal | 108.65 | 93.90 |
| Bangalore | 101.94 | 87.89 |
| Shimla | 97.30 | 83.22 |
How much tax is levied on petrol?
At present, the price of 1 liter of petrol in the capital Delhi is Rs 96.72. In this, the base price is Rs 57.13. The fare is 20 paise per litre. Excise duty is Rs 19.90 and VAT is Rs 15.71 per liter. The dealer commission is Rs 3.78 per litre. According to the information available on the Indian Oil website, this rate of tax is as on 15 June 2022.
How much is diesel taxed?
The price of one liter of diesel in the capital Delhi is Rs 89.61 per liter. The base price for this is Rs 57.92 per liter. The fare per liter is Rs 0.22, excise duty is Rs 15.80 and VAT is Rs 13.11 per litre. The dealer commission is Rs 2.57 per litre. According to the information available on the Indian Oil website, this rate of tax is as on 15 June 2022.
Let us tell you that fluctuations are being seen in oil prices, because there has been a loss of Russian oil in the midst of the Russo-Ukraine war, due to which traders have to cut supplies. Along with this, concerns remain due to weak demand for oil.
