Petrol Diesel Price Today 31 March 2021: Today, petrol and diesel prices remain stable. Yesterday, five days later, prices fell. Yesterday, government oil companies cut petrol prices by 22 paise and diesel by 23 paise. The price of petrol in Delhi today is Rs. 90.56 per liter. At the same time, the price of petrol in Mumbai has been hiked to Rs 96.98 per liter and diesel by Rs 88.06 per liter.
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|Name of the city||Petrol / liter||
(Source – IOC)
Petrol and diesel prices can be further reduced
Despite the price rise in the international market, petrol and diesel prices are expected to rise due to elections in the domestic market. Elections will be held in five states of the country, including West Bengal. According to sources, there may be a further decline in petrol and diesel prices before the election.
Petrol and diesel rates will thus be increased
Once excise duty, dealer commission and other items are added to the price of petrol and diesel, its price will double. If the central government excludes excise duty and state governments’ VAT, diesel and petrol rates may be around Rs 27 per liter, but neither the central nor the state government can remove the tax at any time. Because the bulk of the revenue comes from here. This money leads to growth.