Entire cost of reduction in excise duty on petrol and diesel is borne by Centre, says Sitharaman northernirelandnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernirelandnews.com Daily Mail and Mail on Sunday newspapers.
Synopsis
The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for running various developmental schemes but has refused to acknowledge the role played by higher prices of petrol and diesel in fuelling inflationary pressure on the economy.
PTI
The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for running various developmental schemes but has refused to acknowledge the role played by higher prices of petrol and diesel in fuelling inflationary pressure on the economy.
Replying to a question on impact of rising fuel prices on country s economic recovery from the Covid-19 pandemic in the Lok Sabha, minister of petroleum and natural gas Hardeep Singh Puri said that revenue generated by taxation (on petroleum products) is used in various developmental schemes of the Government like Pradhan Mantri Gram Sadak Yojana (PMGSY), Pradhan Mantri Ujja
Modi govt justifies higher taxes on Petrol, Diesel ummid.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ummid.com Daily Mail and Mail on Sunday newspapers.