NEW DELHI: Domestic cooking gas (LPG) price was cut by Rs 1.46 per cylinder Thursday, the third straight reduction in a month’s time due to tax impact on reduced market rate of the fuel.
A 14.2-kg subsidised LPG cylinder will now cost Rs 493.53 in the national capital from midnight of Thursday as against Rs 494.99 currently, Indian Oil Corp (IOC), the country’s largest fuel retailer, said in a statement.
This is the third straight monthly reduction in LPG rate. On December 1, subsidised LPG price was cut by Rs 6.52 per bottle and by Rs 5.91 on January 1. (AGENCIES)
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