Kerala Cuts State Tax On Petrol By Rs 2.41, Diesel By Rs 1.36
NDTV
The Union government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre.
The Kerala government on Saturday announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 per litre respectively, following reduction of fuel price by the Centre.
Announcing the cut on state tax, Kerala Finance Minister KN Balagopal said the Union government has partially reduced the huge tax imposed by it. He, however, welcomed the Centre's decision.
"The Union government has partially reduced the huge tax on petrol and diesel. Kerala government welcomes this decision," Mr Balagopal said in a statement.
"...state government will reduce state tax on the price of petrol and diesel by Rs 2.41 and Rs 1.36 per litre respectively," he said.
