No plan to reduce tax on petrol

Petrol Price / No plan to reduce tax on petrol
Petrol Price - No plan to reduce tax on petrol

Chief Minister Basavaraj Bommai made it clear that there has been no notion earlier than the Karnataka authorities to lessen levies on petrol at the strains of neighbouring Tamil Nadu.

“There is no such notion,” the Chief Minister stated on August 17 whilst replying to a question with the aid of using media persons on whether or not his authorities might emulate the neighbouring State with appreciate to the tax on petrol.


Tamil Nadu, which had in advance multiplied tax on petrol with the aid of using ₹7 a litre, introduced in its finances the ultimate week that it'd lessen the tax with the aid of using ₹3 a litre. Citing this, the Opposition Congress had advised Mr Bommai to lessen petroleum fees in Karnataka at the strains of Tamil Nadu.


Union Finance Minister Nirmala Seetharaman has maintained that States had won greater than the Centre from the better gasoline charges, hinting that they can also contribute closer to discount in petrol fees.


Mr Bommai, who additionally holds the finance portfolio, dominated out the sort of opportunity with the aid of using mentioning that there has been no such notion earlier than the authorities.

Sources withinside the authorities stated that discounts on gasoline fees turned into a tough challenge at this second as COVID-19 had introduced a dual blow to Karnataka.


“On the only hand, spending of the authorities closer to health and associated centres in addition to infrastructure has long gone up because of the pandemic. At the identical time, sales have dwindled,” a supply stated.

The monetary scenario had ended up tighter as the brand new Chief Minister had introduced a few new schemes quickly after taking up the reins of the administration, they stated.


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