ru24.pro
News in English
Июнь
2024

Karnataka fuel price hike: Rates still lower than neighbouring Andhra Pradesh, Maharashtra

0
Karnataka fuel price hike: Rates still lower than neighbouring Andhra Pradesh, Maharashtra

The Congress-ruled Karnataka government's move to raise local tax on auto fuels pushed petrol prices above Rs 100 a litre and diesel to Rs 89, but rates are lower than neighbouring Andhra Pradesh which has the costliest fuel in the country, oil industry data showed. The Karnataka government on June 15 hiked local VAT (value added tax) from 25.92 per cent to 29.84 per cent on petrol and from 14.3 per cent to 18.4 per cent on diesel.