Nagpur, May 28 (IANS) Maharashtra Congress Legislative Party Leader Vijay Wadettiwar on Thursday launched a scathing attack on the BJP government, accusing it of using ‘religious polarisation, event-mongering, and emotional tactics’ to mask its failures, even as the public reels under inflation, unemployment, fuel price hikes, and economic instability. Slamming the government over the escalating fuel shortage and skyrocketing prices, Wadettiwar stated, “Diesel is now being rationed and distribut…
Latest VAT News & Updates
Sangli, May 28 (IANS) In light of the prevailing economic hardships, senior leader of the Nationalist Congress Party (SP) and former State Finance Minister, Jayant Patil, on Thursday urged the Maharashtra government to prioritise public interest by immediately waiving the Value Added Tax (VAT) and surcharges on petrol and diesel. Patil made this demand through an official letter addressed to Chief Minister Devendra Fadnavis.Expressing deep concern over the situation, Patil stated that the contin…
New Delhi, May 27 (IANS) Air India has reduced the number of flights on some domestic routes between June and August as the loss-making airline struggles to cut costs amid soaring fuel prices triggered by the Middle East conflict, a statement said on Wednesday.The Tata Group-owned airline said in the statement that the move follows its earlier decision to scale back certain international services.”In continuation of our previously announced adjustments to select international services between Ju…
Chandigarh, May 25 (IANS) Punjab Bharatiya Janata Party (BJP) spokesperson Pritpal Singh Baliawal on Monday slammed the state government for what he termed its “double standards” on fuel prices, stating that while the government “continues to blame the Centre over rising fuel costs, it is itself imposing heavy taxes and earning substantial revenue from petrol and diesel sales”. He said the government is currently levying a 16.58 per cent value-added tax (VAT), along with an additional 10…
Rohtak, May 25 (IANS) Former Haryana Chief Minister Bhupinder Hooda on Monday stated that the state is in turmoil due to inflation and an acute shortage of electricity and water. He said the Bharatiya Janata Party (BJP) government had hiked petrol prices by Rs 7.50 in just 10 days, even as crude oil prices in the international market continued to decline.“This situation prevails because the BJP government is levying taxes at double the rate compared to the Congress regime. The value-added tax …
Bengaluru, May 25 (IANS) The BJP on Monday alleged that the Karnataka government was earning an additional Rs 6,000 crore annually through the hike in petrol taxes while blaming the Centre over rising fuel costs.Addressing a press conference in Bengaluru, Leader of Opposition in the Karnataka Assembly, R. Ashoka, alleged that the state government had increased VAT on petrol and was misleading the public by targeting the Union government instead of reducing state taxes.He claimed that petrol pric…
New Delhi, May 20 (IANS) Rajya Sabha MP Sasmit Patra met Finance Minister Nirmala Sitharaman on Wednesday and submitted a detailed representation urging the initiation of structured national deliberations on the inclusion of petrol and diesel under the Goods and Services Tax (GST) framework. In his representation, Patra emphasised that the constitutional framework under Article 279A(5) already envisages the eventual inclusion of petroleum products within GST through the recommendation of the GST…
Bhopal, May 19 (IANS) The Opposition Congress in Madhya Pradesh on Tuesday attacked the BJP-led Centre over the latest hike in petrol and diesel prices, and demanded an immediate reduction of Rs 10 per litre to provide relief to the public in the state.Senior Congress leader and former Chief Minister Kamal Nath said fuel rates had been raised again within a week, with petrol and diesel becoming costlier by 90 paise per litre from Tuesday.“The government is citing international factors behind t…
New Delhi, May 15 (IANS) The Maharashtra Government on Friday reduced value-added tax (VAT) on aviation turbine fuel (ATF) to 7 per cent from 18 per cent, offering relief to airlines grappling with rising operational costs amid global uncertainties and higher fuel prices.According to a notification issued by the state finance department, the revised VAT rate came into effect from May 15 and will remain applicable until November 14, 2026.The move marks an 11-percentage-point reduction in VAT on j…
Bhubaneswar, March 27 (IANS) In the wake of the Central Government’s decision to reduce excise duty on petrol and diesel by Rs 10 per litre, the main opposition Biju Janata Dal (BJD) on Friday demanded a reduction in the VAT imposed by the Odisha government on fuel, noting that the ruling BJP had made similar demands when it was in the Opposition. In a press statement, BJD spokesperson Dr Lenin Mohanty on Friday stated that due to the ongoing conflict between Israel, the United States, and Ira…