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Centre ready to cut duty on auto fuel - The Hindu BusinessLine

Centre ready to cut duty on auto fuel March 15, 2021 The Centre levies excise duty on petrol and diesel at specific rate while the States levy VAT at ad-valorem   -  The Hindu The Centre levies excise duty on petrol and diesel at specific rate while the States levy VAT at ad-valorem   -  The Hindu× No proposal yet to bring petrol, diesel, jet fuel under GST, says Anurag Thakur The government has said that the Centre is ready to consider the idea of reducing the tax on petrol and diesel, but the States should also consider it. This information was given by Minister of State for Finance Anurag Singh Thakur to Lok Sabha on Monday.

Rs 2,000 currency notes not printed in last two years: Government in Lok Sabha

Rs 2,000 currency notes not printed in last two years: Government in Lok Sabha
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₹2,000 notes not printed since 2019, government tells Lok Sabha

₹2,000 notes not printed since 2019, government tells Lok Sabha Updated: Updated: Fall in quantum of notes in circulation Share Article Fall in quantum of notes in circulation The government on Monday informed the Lok Sabha that ₹2,000 currency notes have not been printed in the past two years even as the quantum of the highest denomination currency note has come down. In a written reply, Minister of State for Finance Anurag Singh Thakur said 3,362 million currency notes of ₹2,000 denomination were in circulation on March 30, 2018, constituting 3.27% and 37.26% of the currency in terms of volume and trade respectively. As of February 26, 2021, 2,499 million pieces of ₹2,000 notes were in circulation, constituting 2.01% and 17.78% of banknotes in terms of volume and value, respectively.

₹2,000 currency notes not printed in last two years: Govt in Lok Sabha

₹2,000 currency notes not printed in last two years: Govt in Lok Sabha
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No Rs 2,000 notes printed in FY20, FY21, says Centre

No Rs 2,000 notes printed in FY20, FY21, says Centre
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