New Delhi: Breaking News! People in Delhi will get a huge relief, as the diesel prices will go down by at least Rs 2.75 per litre. The Delhi Government has decided to reduce the VAT on diesel by 7.5%.

The VAT on diesel is 20%, but now it will go down to 12.5%. People in Delhi are paying Rs 40.10 per litre. Once the diesel prices go down, the transportation cost should come down, which may also lower the prices of food and essential commodities.

The Delhi Government has also decided to reduce the VAT on dry fruits by 5%, making it more affordable for the common people. The change in VAT will take effect on July 20, 2010.

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