Fuel tax cuts: CM Bommai says economy has to be kept in mind


Bengaluru, Apr 27 (IANS): Indicating that no further cuts in sales tax of fuels is on cards in BJP-ruled Karnataka, Chief Minister Basavaraj Bommai on Wednesday stated that the economy of the state has to be kept in mind for any such decision.

Answering a question on Prime Minister Narendra Modi chiding the Opposition-ruled states for high petrol prices, and asked whether he would like to cut the taxes further, he said: "We have to see our economy also, a decision will be taken based on it."

The Prime Minister stated that some states initiated to cut down sales tax on fuel following the Central government's decision to cut excise duty, and gave the example of Karnataka.

Bommai also said that if other states reduce the taxes, it will help neighboring states.

The government had cut sales tax in November 2021 on petrol from 35 per cent to 25.9 per cent and diesel from 24 per cent to 14.34 per cent. The petrol price was reduced by Rs 13.30 per litre and diesel by Rs 19.47 per litre. Presently, petrol costs Rs 111.09 per litre and diesel Rs 94.79 per litre in Bengaluru.

 

  

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Comment on this article

  • Flavian, Mangalore/Kuwait

    Thu, Apr 28 2022

    At the cost of peoples distress and harships what is countries's economy. Robbing people and filling politicians pockets and achieving Cattle progress at tax payers money.

    DisAgree Agree [3] Reply Report Abuse

  • Jamal, Mangalore/UAE

    Thu, Apr 28 2022

    Hard days are ahead for India. Hope and pray we do not see those days. Sri Lanka - already in the turmoil Nepal - Very soon there are all possibilities Pakistan - on the path to follow Nepal & Sri Lanka India - Hope we don't follow the above 3.

    DisAgree Agree [5] Reply Report Abuse

  • Praveen, Mangalore

    Thu, Apr 28 2022

    "We have to see our economy also, a decision will be taken based on it." Oh only for BJP government this is applicable ?, what about Previous governments . they did it for any other reasons. People elected you to bring down the price as you promised. where is baba R Dev , call him. He may have some solutions .

    DisAgree [1] Agree [15] Reply Report Abuse

  • Sukumar, Mangalore

    Thu, Apr 28 2022

    NANU HODEDHA HAAGE MADUTTHENE, NEENU KOOGIDHA HAGE MAADU

    DisAgree [1] Agree [17] Reply Report Abuse

  • Mangalorean, Mangalore

    Thu, Apr 28 2022

    What economy? Who cares about economy or governance? We are only worried about hindu, muslim, cow, beef, goshalas, temple, statues, halal, hijab, conversion and a whole lot of communal agenda. Governance has completely taken a back seat.

    DisAgree [2] Agree [31] Reply Report Abuse

  • real kujuma, kodial

    Thu, Apr 28 2022

    economy has no problem bomma...just reduce taking 40 percent...how much saving it would make..

    DisAgree [5] Agree [30] Reply Report Abuse

  • ayes p, kudla/ksa

    Thu, Apr 28 2022

    If 40% cut then where will our economy?

    DisAgree [3] Agree [22] Reply Report Abuse

  • Vinod Kumar, Mangalore

    Wed, Apr 27 2022

    40% economy is permanently in our govt’s mind always as we are sliding to become another Somalia.

    DisAgree [6] Agree [26] Reply Report Abuse


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