Blog for Stock tips, Equity tips, Commodity tips, Forex tips:

Want to beat the stock market volatility? Just keep on reading this exclusive blog by Sharetipsinfo which will cover topics related to stock market, share trading, Indian stock market, commodity trading, equity trading, future and options trading, options trading, nse, bse, mcx, forex and stock tips. Indian stock market traders can get share tips covering cash tips, future tips, commodity tips, nifty tips and option trading tips and forex international traders can get forex signals covering currency signals, shares signals, indices signals and commodity signals.

Fuel prices on January 8: Petrol, diesel prices today in Mumbai, Delhi, other cities

http://sharetipsinfo.comJust get registered at Sharetipsinfo and earn positive returns

On November 3, the Centre went for the deepest excise duty cut ever to cool prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10. Several states and UTs followed Centre's leadIn Kolkata, petrol and diesel prices remained at Rs 104.67 per litre and Rs 89.79 per litre, respectively. (Representative image)

Petrol and diesel prices will remain unchanged on January 8 - a notification issued by state-owned fuel retailers showed.

The last rate cut was by Delhi which reduced the local sales tax or value-added tax (VAT) on petrol from 30 to 19.4 percent from December 1 midnight, bringing down the price by around Rs 8 to Rs 95.41 a litre. Diesel price also remains unchanged in the national capital at Rs 86.67 a litre.

On November 3, the Centre had gone for the deepest excise duty cut ever to bring down retail prices from record highs, reducing the duty on petrol by Rs 5 and on diesel by Rs 10. Many states and union territories followed the Centre's led to give further relief to consumers.

Also Read like:- What is the meaning of a reverse stock split? Benefits and Disadvantages

In Mumbai, a November 4 cut reduced the price of petrol to Rs 109.98 a litre, which remains unchanged. Diesel is at Rs 94.14 a litre.

In Kolkata, petrol and diesel prices remained at Rs 104.67 and Rs 89.79. Petrol was at Rs 101.40 and diesel at Rs 91.43 in Chennai.

The states and union territories that had gone for VAT reduction after the excise duty cut by the Centre include Ladakh, Jammu and Kashmir, Himachal Pradesh, Delhi, Sikkim, Mizoram, Daman and Diu, Karnataka and Puducherry.

Others include Dadra and Nagar Haveli, Chandigarh, Chhattisgarh, Assam, Madhya Pradesh, Tripura, Gujarat, Nagaland, Punjab, Goa, Meghalaya, Odisha, Rajasthan, Arunachal Pradesh, Manipur, Andaman and Nicobar, Bihar, Uttarakhand, Uttar Pradesh and Haryana.States that have so far not lowered VAT include are largely opposition ruled states including Maharashtra, Jharkhand and Tamil Nadu. TMC-governed West Bengal, Left-ruled Kerala, TRS-led Telangana and YSR Congress-ruled Andhra Pradesh have also not cut VAT.

Congress-ruled Punjab, which is due for election by March, has seen the biggest drop in petrol prices after it slashed VAT the most. The union territory of Ladakh saw the biggest fall in diesel rates.