India Latest News Updates: Rajasthan govt reduces VAT on petrol by Rs 2.48, diesel by Rs 1.16 - The Economic Times

The Rajasthan government on Saturday reduced Value-added tax (VAT) on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, following the reduction of excise duty by the Centre. Taking to Twitter, the state chief minister Ashok Gehlot wrote, "Due to the reduction in the prices of petrol and diesel by the central government, the state government will reduce VAT by Rs 2.48 per litre on petrol and Rs 1.16 per litre on diesel. With this, petrol will be cheaper by Rs 10.48 and diesel by Rs 7.16 per liter in the state." Meanwhile, the Kerala government also announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 respectively.

via Economictimes