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Both diesel and cooking gas prices in Delhi may come down a bit after last week’s hefty hikes as the state government has assured tax reductions to cushion the blow. In Delhi, where diesel now costs Rs 41.12 per liter after the price hike, the government gets 12.5% as sales tax, or around Rs 5 per liter, as revenue. However, the expectation is of a Rs 1.5 to Rs 2 relief as diesel is a key revenue earner for the government.




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