Home arrow World arrow wnews arrow Sonia Gandhi directs Congress ruled states to reduce sales tax Wednesday, 03 December 2008
 
 
   
Google
 
 
HomeWorldFinanceSci/TechHealthEntertainmentSportsContact Us

Sonia Gandhi directs Congress ruled states to reduce sales tax Print E-mail
Tag it:
Delicious
Furl it!
Spurl
NewsVine
Reddit
YahooMyWeb
Technorati
Wists
YahooMyWeb
Blinkbits
BlinkList
blogmarks
co.mments
connotea
Digg
Stumble
User Rating: / 0
PoorBest 
Written by ANI   
Thursday, 05 June 2008

New Delhi, June 5 (ANI): Congress President Sonia Gandhi has today directed states, where the party is in power, to reduce sales tax on petrol and diesel.  

This is with a view to offset the effect of the fuel price hike that became effective from today.

The Central Government has raised the price of petrol by Rs 5 a litre and that of diesel by Rs 3 a litre. The price of a Liquefied Petroleum Gas (LPG) also has been increased by Rs 50 a cylinder. Kerosene price has been left untouched.

The West Bengal Government has decided to the reduce sales tax on petrol from 25 per cent to 20 per cent and in diesel from 17 per cent to 12.5 per cent.
 
The Kerala Government has also announced concessions in these products, but the rates are yet to be decided.

Even in the states where Value Added Tax (VAT) is applicable, sales tax on these products can be reduced.

Meanwhile, the custom duty on crude oil has been abolished. Custom duty on petroleum and diesel has been slashed to 2.5 per cent from 7.5 per cent. The custom duty on other petroleum products has been reduced from 10 per cent to 5 per cent.

This is the second price hike in a period of four months. It was last increased on February 14. (ANI)


Add as favourites (8)

Be first to comment this article
RSS comments

Write Comment
  • Please keep the topic of messages relevant to the subject of the article.
  • Personal verbal attacks will be deleted.
  • Please don't use comments to plug your web site. Such material will be removed.
  • Just ensure to *Refresh* your browser for a new security code to be displayed prior to clicking on the 'Send' button.
  • Keep in mind that the above process only applies if you simply entered the wrong security code.
Name:
E-mail
BBCode:Web AddressEmail AddressBold TextItalic TextUnderlined TextQuoteCodeOpen ListList ItemClose List
Comment:



Code:* Code
I wish to be contacted by email regarding additional comments

Powered by AkoComment Tweaked Special Edition v.1.4.4

 
< Prev   Next >

Experimental Schizophrenia Dru...
Guest poster wrote: \"pay no attention to the angry pfizer ...
More...

Intimacy Linked to Lower Stres...
What we should do?
More...

Intimacy Linked to Lower Stres...
New Study! What is new about it? All couples will tell you t...
More...

Freddie Mac did pay millions t...
The third and last U.S. Presidential Debate took place in He...
More...

Nutritionist Reveals 20 Functi...
very ggod.
More...

 
About Us | Privacy Policy | Advertise | Contact Us
©2007-2008 NewsLocale.org, All Rights Reserved