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Petrol and diesel prices come down. Here's how much it will cost you today

In what comes as a major relief from the near-daily hike in fuel prices, the prices of diesel and petrol have come down today.

After the Centre's relief of Rs 2.50 per litre on diesel and petrol, several BJP-ruled states also cut fuel prices in their respective states.

Here is how much it will cost you today across major cities:

The first states to announce reduction in fuel prices were Maharashtra and Gujarat.

The government of Maharashtra decided to bring petrol below Rs 90 mark by announcing a cut of additional Rs 2.50. Gujarat reduced sales tax/VAT by Rs 2.50 for diesel and petrol.

Following this, Tripura, Madhya Pradesh, Chhattisgarh and several others also revised the prices.

The states have reduced the sales tax and VAT charged on diesel and petrol. The Centre and oil companies will also take a hit of Rs 1.50 per litre and Re 1 per litre respectively in their revenue.

Maharashtra charges the highest sales tax/VAT among all states at 39.12 per cent.

The government has blamed the rising crude oil price for the surge in fuel prices domestically. The Brent crude oil crossed $86 per barrel on Wednesday and energy experts expect it to touch $100 per barrel.

Here's how opposition reacted to reduction in fuel prices:

Congress tweeted from its official Twitter handle with hashtag 'petrolchormodi'.

Congress✔@INCIndia

Modi Govt is stealing almost half the money you pay for a litre of petrol. The 2.5 rupee reduction is just a distraction from the massive loot. #PetrolChorModi

Arvind Kejriwal tweeted that the Modi government increased excise duty (on fuel) by Rs 10 per litre but reduced by just Rs 2.50 per litre. The Central government must reduce at least Rs 10 per litre.

Former Union Law Minister and Congress leader Kapil Sibal said that the decision by BJP to reduce the excise duty on fuel is in the interest of BJP because of upcoming state elections.

Kapil Sibal✔@KapilSibal
 
People celebrate Prithvi's swashbuckling 100 but worried about petrol prices scoring a hundred .

Shah says reduction of petrol prices by Rs 2.50 / litre a decision in the interest of the people .

The truth : Decision in the interest of BJP because of upcoming State elections .

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