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VAT News

14 Mar 2024

Rajasthan Govt Cuts VAT On Petrol, Diesel; Hikes DA Of Employees By 4%

With the reduction in VAT, consumers can expect some respite in fuel costs.

10 Mar 2024

TOP 9 NEWS: Stirred by petrol pump strike in Rajasthan

rajasthan petrol pump strike

10 Mar 2024

Rajasthan Petrol Pump Strike update: Crowd of people suddenly increased at petrol pump

10 Mar 2024

News 100: Petrol pumps will remain closed for two days in Rajasthan

10 Mar 2024

Rajasthan Petrol Pump Breaking: Petrol pump strike in Rajasthan

21 Oct 2023

Cheers To Higher Prices: Liquor In Bars And Cafes To Become Costlier

According to a recent Times of India report, the government issued a resolution on Friday detailing the VAT increase.

03 Feb 2023

Bad News! This State Govt Imposes 90 Paise / Litre VAT on Petrol, Diesel

Notably, with this move, cash-strapped Punjab state government is eyeing to mop up additional revenue. This is the first tax on fuel imposed after the Aam Aadmi Party came to power last year.

08 Jan 2023

Diesel gets costlier as THIS State govt increases VAT; know details here

The price of diesel will likely increase by about Rs 3 per litre as a result of the VAT increase. On the other hand, the VAT on gasoline has also been decreased by about 0.55 paise.

Petrol-Diesel Rate

15 Dec 2022

Petrol prices still high in your city? Centre blames THESE for costly fuel

Six non-BJP-ruled states - West Bengal, Tamil Nadu, Andhra Pradesh, Telengana, Kerala, and Jharkhand - have not reduced the VAT on petroleum products. Following Central govt. reduced in excise duty, states reduced their Value Added Tax (VAT). Petroleum Minister Hardeep Singh Puri said on Thursday in Lok Sabha.

30 Jul 2022

'Won't increase VAT on petrol and diesel BUT...': UP CM Yogi Adityanath

Uttar Pradesh CM Yogi Adityanath on Friday said that the VAT on petrol and diesel is the lowest in the state He said there will be no increase in the VAT in the near future as well Adityanath also reviewed the updated status of revenue collection in the state

22 May 2022

Maharashtra reduces VAT on petrol & diesel prices after govt cuts excise duty

The Maharashtra government's action comes just a day after the Centre cut excise rates on gasoline and diesel by Rs 8 and Rs 6 per litre. The drop in excise duty resulted in fuel and diesel prices falling by Rs 9.5 and Rs 7 per litre.

29 Apr 2022

Govt would be happy to bring petrol, diesel under GST, states unwilling: Puri

Puri took a dig at the Opposition and said that the govt has "assumed its responsibility" in the fuel sector and the states should also take the onus on the issue of slashing the value-added taxes on petrol and diesel.

Mamata Banerjee

28 Apr 2022

‘Centre must reduce tax on ATF to bring down fares': Mamata Banerjee

CM Mamata tweeted, "Bengal govt has been proactive in slashing all levies to bring down airfares, while GoI is preaching free sermons without practising them."

28 Apr 2022

Centre should reduce VAT on imported oil, pay pending GST amount: Maharashtra

Flagging higher fuel prices in many opposition-ruled states, PM Modi had urged them to reduce VAT in "national interest" to benefit the common man.

28 Apr 2022

DNA Exclusive: Analysis of VAT on petrol, diesel in opposition-ruled states

PM Narendra Modi targeted the opposition-ruled states over higher fuel prices. He urged them to reduce VAT in the ‘national interest’ to benefit the common man. The PM asked those states to work in the spirit of cooperative federalism in this time of global crisis.

fuel price hike

27 Apr 2022

Fuel price hike: Congress attacks PM Modi for high excise duty

In an apparent reference to Russia-Ukraine conflict, PM Modi said the war has affected the supply chain "Excise Duty during Congress Government - Petrol - Rs 9.48/litre and Diesel - Rs 3.56/litre," tweeted Surjewala

27 Apr 2022

PM targets Opposition-ruled states over non-reduction in VAT

PM Modi raised the issue of many states not adhering to the Centre's call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them in November last.

07 Apr 2022

Delhi govt collected Rs 28,573 crore as GST and VAT in 2021-22: Officials

The GST has several slabs for different goods and services. In Delhi, VAT is imposed on petroleum products and liquor.

Sri Lanka crisis

03 Apr 2022

Explained: The real cause behind Sri Lanka's ongoing economic crisis

Sri Lanka is facing one of its worst ever economic crises since its independence in 1948. Rising global oil prices have worsened Sri Lanka's economic problems. Sri Lanka has a modest USD 84 billion economy.

01 Dec 2021

Petrol price in Delhi slashed by Rs 8 effective midnight

Delhi has cheapest petrol price in the NCR now VAT reduced by more than 10%

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