×
E-PAPER ▾

E-paper

BUSINESS & FINANCE

No increase in VAT on fuels since 2016: Delhi government

| | New Delhi
No increase in VAT on fuels since 2016: Delhi government
The Delhi government informed the state Assembly on Saturday that it has not increased the VAT on petrol and diesel since January 2016 dismissing allegations made by the opposition.
 
"After January 19, 2016, there has been no increase in the VAT on petrol and diesel. However, on May 7, 2016, the government had reduced the VAT on diesel from 18 per cent to 16.75 per cent," Deputy Chief Minister Manish Sisodia informed the Assembly in a written reply during the ongoing session.
 
The Leader of Opposition Vijender Gupta had been accusing the Aam Aadmi Party (AAP) government for increasing the value-added tax on fuel during their tenure.
 
Gupta also raised the same issue in a question during the session that the VAT on petrol was up by 12 per cent and that on diesel was up by 10.5 per cent.
 
The government informed the House that in the last three years, the VAT on these fuels was only increased twice -- in July 2015 and in January 2016 -- to bring uniformity in the tax rates with the neighbouring states.
 
In 2015, the VAT rate on petrol was increased from 20 per cent to 25 per cent and on diesel from 12.5 per cent to 16.6 per cent.
 
In 2016, the VAT on petrol and diesel was increased by 2 per cent and 1.4 per cent respectively to move towards uniformity in tax rates and develop a common market to boost trade in the north Indian region, Sisodia added.
 
 
 
 
 

TOP STORIES

Sunday Edition

View All

‚ÄėAssault‚Äô on police driver: Action against Kerala ADGP

17 Jun 2018 | VR Jayaraj | Kochi

In a swift move intended at stemming the protests brewing in the State police force against certain top officials’ ‘feudalistic’ practice of persecuting policemen and camp followers by using them as house servants, the Kerala Government on Saturday removed ADGP Sudesh Kumar, whose daughter was the other day booked for assaulting and verbally abusing his official police driver, from the position of head of the Armed Police Battalion. The action against...

Read More

STATE EDITIONS

View All

Hry Govt forms panel to consider re-employment cases

22 Jun 2018 | PNS | Chandigarh

Haryana Government on Thursday constituted an Officers’ Committee under the chairmanship of Chief Secretary to examine the cases sent by Administrative Departments in respect of level or class of officers whose re-employment is essential in their respective Department. Apart from this, the State Government has also issued guidelines for every department in respect of re-employment after the age of 58 years as per the decision taken in the Haryana Cabinet meeting...

Read More

Page generated in 1.1959 seconds.