LPG gas cylinder price cut: 19-kg commercial cylinder gets cheaper; Check rates in your city
LPG gas cylinder price cut: In Kolkata, a tank will carry a price tag of Rs 2,095.50 instead of Rs 2,132. Likewise, the price of 19-kg cylinder has been cut to Rs 2,141 from Rs 2177.50 in Chennai.
LPG price cut: Commercial LPG cylinder or 19-kg cylinder will cost less from Monday (August 1) as the oil marketing companies have slashed the price by Rs 36 per tank. The decision to cut LPG prices is in line with softening international rates. This reduction in price, however, is only valid for 19-kg tanks what are mainly used for commercial activities and not the domestic LPG cylinders.
With the latest reduction, a 19-kg commercial LPG cylinder will now cost Rs 1,976 in Delhi instead of Rs 2012.50, news agency ANI reported.
In Mumbai, a 19-Kg commercial cylinder will now be available at Rs 1936.50 instead of RS 1972.50. In Kolkata, a tank will carry a price tag of Rs 2,095.50 instead of Rs 2,132. Likewise, the price of 19-kg cylinder has been cut to Rs 2,141 from Rs 2177.50 in Chennai.
This is the second reduction in LPG rates within a month. Earlier on July 6, OMCs had cut the price by Rs 8.50 per 19-kg tank.
LPG prices differ from state to state depending on the local taxes such as VAT. Prices are higher in states with higher taxes.
Earlier on July 6, OMCs slashed the 19-kg commercial cylinder price by Rs 8.5 per tank. On the same day, the companies increased the price of 14.2-kg cylinder or domestic cooking gas price by Rs 50.
LPG prices are revised at the beginning of each month by the OMCs.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
12:16 PM IST