Do you notice that the price of diesel and petrol in Karnataka today is different from the price it was yesterday? Many people would argue that the central government ought to reduce fuel prices and provide relief to people. But the government doesn't decide the rates directly. If you wish to know the diesel and petrol price today in Karnataka, the easiest way to find out is to download and install the Park+ app on your mobile. You can enter the city you live in, and the diesel petrol price in that city will be displayed. Furthermore, you will get information about the difference from the previous day.
Crude oil rates
Strength of Indian rupee
Suppose you pay Rs. 100 for a liter of petrol. The break-up of how the price is arrived at is listed below. It is an approximation, and local rates may change.
Price charged to dealers - Rs.42
Excise duty levied by central government - Rs. 31
Dealer commission - Rs.4
Sales Tax/Value Added Tax(VAT) levied by each state - Rs.23
Excise duty is a flat rate per liter fixed by the central government. It is uniform across all states in India. In addition to this, the state levies a tax on the sale of fuel, called Value Added Tax (VAT) which is a per cent of the price per liter, whether it is petrol or diesel. So each state levies its own VAT, which may range from 20-25%, depending on each state's policies. You will find that fuel rates across the country will be uniform if the rates come under the GST tax regime.
You can do this by 2 ways -
You can visit the website of OMCs like Hindustan Petroleum, Bharat Petroleum, and Indian Oil Corporation and get diesel petrol price in
There is an easier way to monitor petrol diesel price in
There are many other features on the app, like Parking, FASTag recharge, and Check your challan to help you with vehicle-related information.