spot_img

HinduPost is the voice of Hindus. Support us. Protect Dharma

Will you help us hit our goal?

spot_img
Hindu Post is the voice of Hindus. Support us. Protect Dharma
23.5 C
Sringeri
Thursday, March 28, 2024

35.2% VAT on petrol in Telangana, 27% on diesel

The Value Added Tax (VAT) on petrol in Telangana is 35.2 per cent while it is 27 per cent on diesel.

However, the state government has rejected demands to reduce VAT saying it did not hike the tax in last seven years.

The Telangana Rashtra Samithi (TRS) government has been demanding that the Central government should reduce the cesses which it increased indiscriminately since 2014. The state government says that this will reduce fuel price by 30 per cent.

After Prime Minister Narendra Modi on Wednesday asked opposition-ruled states to cut VAT, state minister and TRS Working {resident K. T. Rama Rao hit back, blaming Modi government for fuel price hike.

“Fuel prices have shot up because of NPA Central govt,” he tweeted dubbing National Democratic Alliance (NDA) as Non-Performing Alliance (NPA).

“Name-calling states for not reducing VAT even though we never increased it; is this the co-operative federalism you’re talking about Narendramodi ji,” KTR asked.

He said that Telangana hasn’t increased VAT on fuel since 2014 and rounded off only once.

“We don’t get 41 per cent of our rightful share because of the Cess imposed by your govt. In the form of Cess you are looting 11.4 per cent from the state & we are getting only 29.6 per cent for FY23,” he said.

“Please scrap Cess so we can give Petrol at Rs 70 & Diesel at Rs 60 all over India. One Nation – One Price?,” he added.

(The story has been published via a syndicated feed.)

Subscribe to our channels on Telegram &  YouTube. Follow us on Twitter and Facebook

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Sign up to receive HinduPost content in your inbox
Select list(s):

We don’t spam! Read our privacy policy for more info.

Thanks for Visiting Hindupost

Dear valued reader,
HinduPost.in has been your reliable source for news and perspectives vital to the Hindu community. We strive to amplify diverse voices and broaden understanding, but we can't do it alone. Keeping our platform free and high-quality requires resources. As a non-profit, we rely on reader contributions. Please consider donating to HinduPost.in. Any amount you give can make a real difference. It's simple - click on this button:
By supporting us, you invest in a platform dedicated to truth, understanding, and the voices of the Hindu community. Thank you for standing with us.