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Kerala Kaumudi Online
Sunday, 14 July 2024 4.37 PM IST

Petrol, diesel prices hiked by Rs 3 per litre in Karnataka

fuel-prices

BENGALURU: The Karnataka government has announced an increase in the prices of petrol and diesel, effective immediately from Saturday. The hike in price comes following an official notification from the Government of Karnataka, which indicates a revision in the sales tax levied on petroleum products.

The price of petrol has surged by Rs 3, bringing the cost per litre in Bengaluru to Rs 102.84, up from the previous rate of Rs 99.84. Similarly, the price of diesel has increased by Rs 3.02, raising the cost per litre from Rs 85.93 to Rs 88.95.


The move by the Finance Department of Karnataka aims to generate additional revenue for the state. However, it is likely to have a ripple effect on various sectors, including transportation and goods distribution, potentially leading to increased costs for consumers. The immediate implementation of these new prices has caught many residents and businesses by surprise, prompting concerns over the financial burden it may impose.

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TAGS: KARNATAKA, PETROL AND DIESEL, PETROL PRICE HIKE, DIESEL
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