Karnataka Diesel Price Surge: Essential Information

Price Escalation and Tax Amendments

From Wednesday onwards, diesel prices in Karnataka will surge by Rs 2, pushing the pump price from Rs 88.90 to Rs 90.90 per litre. The state administration has elevated the sales tax on diesel from 18.4% to 21.1% to harmonize prices with nearby states. This move is anticipated to aggravate inflation and amplify transportation costs for essential goods.

BJP’s Protest Against the Hike

The Bharatiya Janata Party (BJP) intends to demonstrate against the diesel price surge, initiating at Freedom Park in Bengaluru on Wednesday.

Primary Points

• Diesel price in Karnataka will escalate by Rs 2, resulting in a price of Rs 90.90 per litre.
• The Karnataka government has increased the sales tax on diesel from 18.4% to 21.1% to match prices with neighboring states.
• The BJP is planning to protest against the diesel price hike, starting at Freedom Park in Bengaluru on Wednesday.