Prices of non-subsidised LPG cylinders hiked

New Delhi: The Indian Oil Corporation (IOC) has hiked the prices of non-subsidised LPG cylinders by Rs 49.50.

The new price came into effect from the midnight of December 31, 2015.

As a result, the LPG cylinder will cost Rs 673. 50. This is the second price hike in a month. Earlier in December, the price of the non-subsidised cylinder was raised by Rs 60.

Also, starting Friday, tax payers with annual income of more than Rs 10 lakh will not get subsidised cooking gas or LPG cylinders.