India News | WB Govt Reduces Tax by Rs 1 on Petrol, Diesel

By Joymala Bagchi

Kolkata (West Bengal) [India], February 21 (ANI): The West Bengal government on Sunday announced a reduction of tax by Rs 1 per litre on petrol and diesel, which will be applicable from midnight.

In a statement, State Finance Minister Amit Mitra said that the state government decided Re 1 cut in prices of petrol and diesel to be applicable from midnight.

"State govt believe that this will provide some respite to the people. The Central government levies Rs 32.90 as tax + cess on one litre of petrol," he said.

Ahead of Assembly polls in the state, Mitra challenged union Home Minister Amit Shah for a virtual debate on the increase of cess on fuel prices.

"However it is significant to mention that when Modi Government came to power total aggregated cess was 8 per cent of the gross tax collected and now it has increased to 14.5 per cent. This is why the CAG has also questioned the Central government on why they are increasing cess and not tax? This is a direct attack on the federal structure. I have also written to the Finance Minister of India highlighting the same," Mitra stated.

The prices of petrol and diesel are increasing continuously for more than 10 days and in some states, the price of petrol has even crossed Rs 100 in some states. Opposition parties also held protests in different parts of the country over the rise of prices of diesel and petrol. (ANI)

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)