Petrol and diesel prices increased in Punjab by 92 paise and 88 paise per litre, respectively, following the upward revision in value added tax (VAT) on fuel by the state government, said fuel pump owners on Sunday.

With the increase in VAT, retail prices of petrol and diesel (in Mohali) rose to Rs 98.95 a litre and Rs 89.25 per litre, respectively, they said.