BJP-ruled Maharashtra breaks new record: Highest petrol price in India

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Senior party leader Dilip Pandey said unrest against Narendra Modi-led government is growing and the opposition can not remain silent to the plight of common man affected by issues like fuel price hike, corruption and unemployment. "The effect of this benefit has kept inflation under control despite rise in fuel prices".

In Delhi, the prices of petrol and diesel were both hiked by 14 paise.

In Kolkata, the price of petrol has been increased to ₹83.27 per litre while the diesel price has gone up to ₹75.36 per litre.

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On the 15th day of consecutive hikes, petrol prices increased on Tuesday by Rs 0.14 and diesel by Rs 0.15, from 6 a.m, barely two days before the state's biggest 10-day Ganeshotsav festival begins.

While a cut in excise duty that the central government levies will impact fiscal deficit, states like Bihar, Kerala, and Punjab are not in a position to cut sales tax (or VAT), the official, who wished not to be identified, said.

Petrol prices soared to fresh record high on Saturday across the four metros.

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Amid the Opposition-sponsored nation-wide shutdown, the Bharatiya Janata Party (BJP) on Monday released a couple of graphics describing the percentage hike in both petrol and diesel prices. The cut was based on the prices prevailing on May 30.

Aday after Opposition-led Bharat Bandh, fuel prices continued to rise on Tuesday with petrol being sold at Rs 80.87 and diesel at Rs 72.97 per litre in the national capital. Diesel prices also increased from Rs 77.92 to Rs 78.06. "The state government has reduced only four per cent Value-Added Tax on diesel and petrol which is insufficient and the government will have to provide more relief to public", Sachin Pilot told reporters.

The tax ratio can be raised not by increasing rates but by bringing evaders and non-filers in tax net. Government officials had on Monday ruled out a cut in excise duty on petrol, diesel citing revenue loss. After the BJP came to power, the impositions on fuel shot up over the years. Earlier, petrol prices were revised every fortnight, meaning that unlike now, the prices changed on the 1st and 16th of every month. Located in the eastern part of the state, 200 km from Aurangabad, Parbhani has breached the Rs 90 mark, with petrol prices at Rs 90.05 per litre. The state's share now works out to Rs 23.

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