Highlights

  • At least 3 states cut Value Added Tax (VAT) on petrol, diesel
  • Rajasthan, Maharashtra, Kerala's move after Modi govt's decision
  • On May 21, Union govt cut excise duty on fuel amid rising inflation

Latest news

Fredun Pharmaceuticals Delivers Robust FY26 Performance; Revenue Jumps 40%, EBITDA Surges 72% and Profit Rises ~60% YoY

Fredun Pharmaceuticals Delivers Robust FY26 Performance; Revenue Jumps 40%, EBITDA Surges 72% and Profit Rises ~60% YoY

From Bankura To Cannes: Film Industry Stylist Patralekha Shi Showcases Bishnupuri Silk Globally

From Bankura To Cannes: Film Industry Stylist Patralekha Shi Showcases Bishnupuri Silk Globally

Renova Hospitals Founder & CEO Sridhar Peddireddy Honored with "Visionary Leadership in Healthcare Excellence" Award

Renova Hospitals Founder & CEO Sridhar Peddireddy Honored with "Visionary Leadership in Healthcare Excellence" Award

BSNL revenue rises to Rs 25,000 crore, up by 25% in two years, says MoS Pemmasani

BSNL revenue rises to Rs 25,000 crore, up by 25% in two years, says MoS Pemmasani

ISDN's IDI Dynamics debuts high-speed laser marker for semiconductor assembly and test (OSAT)

ISDN's IDI Dynamics debuts high-speed laser marker for semiconductor assembly and test (OSAT)

Kanil PRwire Named Official Media Partner of Dutch Blockchain Week 2026

Kanil PRwire Named Official Media Partner of Dutch Blockchain Week 2026

Utssav CZ Gold Jewels Reports 136% PAT Growth and PAT Margin Expansion of 123 Bps in FY26

Utssav CZ Gold Jewels Reports 136% PAT Growth and PAT Margin Expansion of 123 Bps in FY26

The Philippines Sets a New Standard in Muslim-Friendly Tourism

The Philippines Sets a New Standard in Muslim-Friendly Tourism

Petrol, diesel prices: 3 states reduce VAT after Modi govt's excise cut - Maharashtra, Rajasthan, Kerala

Petrol, diesel prices: Rajasthan, Maharashtra, and Kerala announced a cut in Value Added Tax, or VAT on fuel after the Narendra Modi administration's decision to reduce excise duty.

Petrol, diesel prices: 3 states reduce VAT after Modi govt's excise cut - Maharashtra, Rajasthan, Kerala

Following the Union government's decision to provide relief from high petrol and diesel prices, some Opposition-ruled states have followed suit.

Rajasthan, Maharashtra, and Kerala announced a cut in Value Added Tax, or VAT on fuel after the Narendra Modi administration's decision to reduce excise duty on petrol and diesel.

The Shiv Sena-NCP-Congress coalition government in Maharashtra reduced VAT by Rs 2.08 per litre on petrol, and Rs 1.44 per litre on diesel.

ALSO WATCH | Govt's mega attack on inflation: food, fuel, farm big cut in prices

The Congress government in Rajasthan announced slashing of VAT by Rs 2.48 per litre on petrol, and Rs 1.16 per litre on diesel.

Meanwhile, the Left government in Kerala had announced a price cut just hours after the Union government's declaration on May 21. Kerala reduced tax by Rs 2.41 per litre on petrol, and Rs 1.36 per litre on diesel.

Union finance minister Nirmala Sitharaman had put the onus on states after announcing the excise duty relief. The move came as retail inflation hit an 8-year high in India.

ADVERTISEMENT

Up Next

Petrol, diesel prices: 3 states reduce VAT after Modi govt's excise cut - Maharashtra, Rajasthan, Kerala

Petrol, diesel prices: 3 states reduce VAT after Modi govt's excise cut - Maharashtra, Rajasthan, Kerala

CBI arrests key accused in murder of Suvendu Adhikari's aide from UP

CBI arrests key accused in murder of Suvendu Adhikari's aide from UP

CBI arrests Latur-based coaching centre founder in NEET-UG paper leak case

CBI arrests Latur-based coaching centre founder in NEET-UG paper leak case

ED arrests AAP's Deepak Singla after raids in 'bank fraud' case; party calls it political vendetta

ED arrests AAP's Deepak Singla after raids in 'bank fraud' case; party calls it political vendetta

Suvendu govt ends religion-based aid, sets up panels to probe corruption, crimes against women during TMC

Suvendu govt ends religion-based aid, sets up panels to probe corruption, crimes against women during TMC

Friends, relatives protest at Jantar Mantra seeking CBI probe into Twisha Sharma’s death

Friends, relatives protest at Jantar Mantra seeking CBI probe into Twisha Sharma’s death

ADVERTISEMENT

editorji-whatsApp

More videos

NEET paper leak, cancellation proof of structural flaws, abolish test says TN CM Vijay

NEET paper leak, cancellation proof of structural flaws, abolish test says TN CM Vijay

Amul hikes milk prices by Rs 2 per litre across India, effective May 14

Amul hikes milk prices by Rs 2 per litre across India, effective May 14

Army foils infiltration bid along LoC in Poonch, intruder killed

Army foils infiltration bid along LoC in Poonch, intruder killed

PM's austerity measures most stringent; people need to know economy's condition: Kejriwal

PM's austerity measures most stringent; people need to know economy's condition: Kejriwal

We take responsibility; process to hold NEET-UG re-exam to begin in 7-10 days: NTA DG Abhishek Singh

We take responsibility; process to hold NEET-UG re-exam to begin in 7-10 days: NTA DG Abhishek Singh

CBI registers FIR in NEET-UG 2026 paper leak case after exam cancellation

CBI registers FIR in NEET-UG 2026 paper leak case after exam cancellation

'Simply disheartening': NEET cancellation triggers outrage among aspirants across country

'Simply disheartening': NEET cancellation triggers outrage among aspirants across country

Governor dissolves West Bengal assembly after completion of term

Governor dissolves West Bengal assembly after completion of term

Akhilesh Yadav meets Mamata Banerjee after TMC rout, alleges Bengal polls held on 'UP model'

Akhilesh Yadav meets Mamata Banerjee after TMC rout, alleges Bengal polls held on 'UP model'

Noida airport to begin ops next month with IndiGo flights to Lucknow, Bengaluru

Noida airport to begin ops next month with IndiGo flights to Lucknow, Bengaluru

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.