Government cuts fuel Tax by ₹10 (Prices fall today)

MySandesh
2 Min Read

 

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Petrol and Diesel Prices Today: No Relief for Consumers

Even though the government recently cut excise duties on petrol and diesel, the common person hasn’t seen any benefit yet.

On Thursday, March 27, 2026, the excise duty on petrol was reduced from ₹13 to ₹3 per liter, and diesel duty dropped from ₹10 to zero.

However, as of today, March 28, 2026, fuel prices remain unchanged across major cities.

Current Petrol Prices in Major Cities

Here’s how much petrol costs in some key cities today:

Delhi: ₹94.77

Noida: ₹94.74

Mumbai: ₹103.54

Chennai: ₹101.23

Kolkata: ₹103.54

Hyderabad: ₹107.46

Bengaluru: ₹102.96

Diesel Prices Today

Diesel rates also stayed steady. Check the prices in your city:

Delhi: ₹87.67

Gurgaon: ₹87.83

Noida: ₹87.81

Mumbai: ₹90.03

Bhubaneswar: ₹92.69

Kolkata: ₹92.39

Bengaluru: ₹90.99

Hyderabad: ₹95.70

Why Prices Aren’t Dropping

Several factors are keeping fuel prices high:

Nayara Energy Price Hike – The company raised petrol by ₹5.30 per liter and diesel by ₹3 across India to cover rising costs.

Windfall Tax on Exports – The government has reintroduced export taxes: ₹21.50 per liter for diesel and ₹29.50 per liter for aviation fuel (ATF).

This tax was first introduced in July 2022, removed in December 2024, and now back to curb extra profits by oil companies.

Crude Oil Prices Surge – Global crude oil prices have jumped from around $70 per barrel last month to over $110 per barrel due to geopolitical tensions.

This surge is putting extra pressure on domestic fuel prices.

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