Reviewing the zone-wise target for revenue collection in the current financial year, CM Yogi inquired about the efforts being made to achieve the target and gave necessary guidelines to increase the revenue collection according to the potential of different zones.
Chief Minister Bhupesh Baghel would take a decision on reduction of value-added tax (VAT) on fuel prices in a cabinet meeting scheduled to be held on November 22.
Chief Minister Charanjit Singh Channi made the announcement while addressing the media after the cabinet meeting. "We are reducing petrol rate by Rs 10 per litre and diesel rate by Rs 5 per litre from midnight," CM Channi said.
In a statement, Sharad Pawar said, "If the Centre disburses the GST compensation to all the states, then it is possible for the state governments to reduce the VAT on petrol and diesel and implement other welfare schemes."
When many other states had increased fuel tax and introduced cess during the COVID-19 period, Kerala had not done so considering the plight of struggling commoners, the state Finance Minister said.
The BJP leader further said that in Madhya Pradesh, the VAT is four per cent at Khajuraho, Jabalpur and Gwalior airports while it is 25 per cent at other airports in the state.
The Haryana government on Thursday decided to increase the bus fare by 15 paise per km and hike the VAT on diesel and petrol prices, drawing the flak of the Congress party for its move to "burden people" during a pandemic.
Madhya Pradesh had suffered an estimated loss of Rs 12,000 crore due to excessive rains this monsoon
Bordering states like Uttar Pradesh and Haryana have reduced VAT, said the association.
Chandigarh: Haryana government today raised VAT on diesel to 12.07 per cent, which will yield additional revenue of Rs 737 crore to the state exchequer.This decision on revision of VAT on diesel was taken by
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