Petrol, Diesel Prices Today: Petrol prices remain unchanged, check rates in your city

Petrol and diesel prices remained steady on December 5 following the Centre's excise duty drop to bring retail rates down from record highs, as per the price announcement from state-owned fuel retailers.

Petrol, Diesel Prices Today:

Petrol prices in Delhi remained unchanged at Rs 95.41 per litre, three days after the government decreased value-added tax (VAT) from 30% to 19.4%, resulting in a Rs 8 per litre reduction. In Delhi, the price of diesel remained steady at Rs 86.67 per litre.

On November 3, the government reduced excise duty on petrol by Rs 5 per litre and diesel by Rs 10 per litre to provide comfort to customers who have been hit by record-high retail gasoline costs.

In other metro cities, the price stayed the same. The price of petrol in Mumbai fell to Rs 109.98 a litre on November 4. On December 4, the pricing remained unchanged. On the day, the price of diesel remained steady at Rs 94.14 per litre.

In Kolkata, the rates of petrol and diesel remained steady at Rs 104.67 per litre and Rs 89.79 per litre, respectively.

A litre of petrol was sold in Chennai for the same price of Rs 101.40. The price of diesel remained steady at Rs 91.43 per litre as well.

The excise tax drop was the largest reduction in excise duty in history. In addition to lowering the excise charge, the union government requested states to lower the value-added tax (VAT) on gasoline and diesel to provide assistance to customers.

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