India News | Sikkim Slashes Taxes on Petrol, Diesel by Rs 7 Per Litre
Get latest articles and stories on India at LatestLY. Sikkim Chief Minister Prem Singh Tamang on Thursday announced a reduction in taxes on petrol and diesel by Rs 7 per litre, hours after the Centre reduced excise duty on fuel. Bucling under pressure, the Centre cut excise duty on petrol and diesel by a record Rs 5 and Rs 10 per litre on Wednesday.
Gangtok, Nov 4 (PTI) Sikkim Chief Minister Prem Singh Tamang on Thursday announced a reduction in taxes on petrol and diesel by Rs 7 per litre, hours after the Centre reduced excise duty on fuel. Bucling under pressure, the Centre cut excise duty on petrol and diesel by a record Rs 5 and Rs 10 per litre on Wednesday.
Together with the reduction of taxes announced by the Sikkim government shortly after midnight, petrol would be cheaper by Rs 12 per litre and diesel by Rs 17 per litre in the state.
"...on the auspicious occasion of Diwali, I would like to announce that the State Government will be reducing the prices of Petrol & Diesel in the state by Rs.7/(seven) per liter as a Diwali gift. This will come into effect starting today i.e 04/11/2021," Tamang tweeted.
Petrol was retailing at Rs 110.60 per litre and diesel at 100.80 per litre in state capital Gangtok on Wednesday. PTI
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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)