Bengaluru, Mar 5 (IANS): Petrol and diesel in Karnataka will cost more from April 1, as the state budget for fiscal 2020-21 has proposed 3 per cent increase in VAT on both the most consumed fuels, Chief Minister B.S. Yediyurappa said on Thursday. He also said that Indian made liquor (IML) will cost more in Karnataka from April 1, as the state budget for fiscal 2020-21 proposed to increase additional excise duty (AED) by 6 per cent per bulk litre or 9 litres of the various brands
"Petrol price will increase by Rs 1.60 per litre and diesel by Rs 1.59 a litre from April 1, as I propose to increase 3 per cent value added tax (VAT) on both the fuels," Yediyurappa said while presenting the state budget for the ensuing fiscal in the state legislative assembly at Vidhana Soudha.
The budget proposes to increase VAT on petrol to 35 per cent from 32 per cent and on diesel to 24 per cent from 21 per cent.
"Even after this increase, the price of petrol and diesel in Karnataka is less in comparison to those prevailing in the neighbouring states," Yediyurappa, who also holds the finance portfolio, told the lawmakers in Kannada.
"I propose to increase the rates of AED 6 per cent per bulk litre of IML across 18 slabs with effect from April 1," said Yediyurappa.
The 6 per cent increase in the AED will cost the cheapest liquor brand by Rs 9 more per carton box of 12 bottles and the costliest brands by Rs 202 per carton box.
"With effective enforcement and regulatory measures, the state excise department will achieve the target of Rs 22,700 crore fixed for the fiscal year," the chief minister told the lawmakers in Kannada.
Comment on this article
Jossey Saldanha, Mumbai
Thu, Mar 05 2020April Fool Banaya ...
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Ramnath Kamath, Mangaluru
Thu, Mar 05 2020Very good decision by the BJP to increase excise on liquor. This brilliant decision will prevent people from becoming alcoholics. Excellent decisions are being taken by Modi ji and team in the second term.
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Shoan D Souza, Sacheripet
Thu, Mar 05 2020Wonderful ..! budget ever...! accha ,acha budget...?
I am going to shift my house to Karwar., Friends i have one solution for this, At the week end we can buy fuel and liquor from Goa, continue buying snacks and groceries from Karnataka... Anybody interested?
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shashi, manglore
Thu, Mar 05 2020Let State/Country increase the Taxes on Alcohol 100% and reduce the cost of petrol.so they can cover the prices.Alcohol is not necessary for poor people or AAM Aadmi.
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H Kunder, Mangalore
Thu, Mar 05 2020Solution is simple "No drinking no driving".
DisAgree [1] Agree [17] Reply Report Abuse
Basil D'souza, mangalore
Thu, Mar 05 2020Now all can switch to VAT69.
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kumara, abu dhabi
Thu, Mar 05 2020do not drink and drive, side effects and pollution will be less
DisAgree [9] Agree [4] Reply Report Abuse
Rajesh, Mangalore, KSA
Thu, Mar 05 2020If you raise in fuel no need to raise other things rest all will raise automatically...thanks to our government to take care of fuel and liquor.
DisAgree [4] Agree [33] Reply Report Abuse
H. Almeida., Bendur/Andheri
Thu, Mar 05 2020Let the state increase the taxes on alcohol, by even 16 %..... But why impose additional taxes on petrol and diesel ???? Will it not fuel inflation ??? Citizens are already heavily taxed burdened, banks have cut interest rates, making survival extremely difficult !!!!!
DisAgree [4] Agree [33] Reply Report Abuse
Rampo, Udupi
Thu, Mar 05 2020Pls write your concern to feku and motu....we are all behind you.
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G R PRABHUJI, Mangalore
Thu, Mar 05 2020I think it's 'Aachhe Din' for Government and ' Bure Din' for Drunkers .
DisAgree Agree [37] Reply Report Abuse
Flavian, Mangaluru/Kuwait
Thu, Mar 05 2020Instead of consuming liquor every day, enjoy hot drinks only on week ends! let the VAT also sleep for six days.
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Dinesh Kumar Shetty, Katipalla/Mangaluru
Thu, Mar 05 2020Dumbe gangasara da rate vipareeta undu, nana yeth yeravar marrey
Rate kennagane amal apundu, varagora Goa gu podhu barpina puresundu
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JL, Mangaluru Smart City
Thu, Mar 05 20202 deadly viruses found in India. 1. Corona...... 2.BJP....... The only difference is theres chance to escape from 1st one, but latter one kills for sure... no sudden death but slowly .. in Hindi "Bhajaa bhajaa ke".
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Jeevan, Kudla
Thu, Mar 05 2020Pro - poor budget...
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Valerian Dsouza, Udupi / Mumbai
Thu, Mar 05 2020Already highest and in every budget cost of Petrol and Diesel increased further.
Common man is already suffering due to unemployment and downward business everywhere.
As long as Kejriwal model is not implemented, by bringing down the cost of several ongoing projects, common man of this country will not benefit.
Common man is concerned with their well being irrespective of any party affiliations.
Kejriwal not only brought down the cost of several Govt projects in his state, he tremendously improved quality and working of Govt School education and Govt health care provided in the state of Delhi. Real benefit to tax payers and common man.
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abdul munim, mangaluru
Thu, Mar 05 2020I do not care. whatever you want to increase do increase and keep on increasing. I have voted for Modi and he has asked us to give him 70 years like we have given to Congress.
I will start questioning only after chaiwala completes 70 years of rule in the centre.
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Rampo, Udupi
Thu, Mar 05 2020By that time he will be about 177 years with 5.6" chest and still speaking mann ke baaths
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Paul, mangalore
Thu, Mar 05 2020Increase Tax on politicians on their travelling expenses
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Chandu, Karla
Thu, Mar 05 2020You must be joking. Taxing politicians in India.....not possible in this century. Just keep chanting .... .... .... .... All will go well.
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Dylan, Mangalore
Thu, Mar 05 2020BJP here BJP there only looting people, by fooling them. Now when crude price gone down the petrol, diesel not reduced by the central Government only fooling people.
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David Pais, Mangalore
Thu, Mar 05 2020when siddha-rama-iah increased petrol tax bhaktas were complaining & grumbling. 2day increase of petrol by bjp c.m yeddy, bhaktas r rejoicing
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Roshan Rodrigues, Mangalore
Thu, Mar 05 2020No Problem Yar .
we will manage ? no jobs no salary still no problem.
No Bundh no strike no fight.
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Jossey Saldanha, Mumbai
Thu, Mar 05 2020Inflation will now go over the Roof ...
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Sutherpet Mukunda, Mangalore
Thu, Mar 05 2020No problem. Now we get more than Rs 20 per UAE Dirham. When the Rupee depreciates inflation tend to rise.
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