New Delhi [India], May 22 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday clarified that the entire cost of the reduction in excise duty on petrol and diesel is borne by the central government and the state's revenue won't be impacted by the move.
New Delhi [India], May 22 (ANI): After taking a critical view of the central government's request to the states to cut taxes on petrol and diesel, former Union Finance Minister P Chidambaram on Sunday said the facts about the states' share of tax reduction are contrary to what he had said previously as the entire burden of the duty cut would fall on the centre.
New Delhi [India], May 21 (ANI): Reacting sharply to the Centre's decisions to slash petrol and diesel prices and provide subsidies on gas cylinders to Ujjwala beneficiaries, the Opposition leaders on Saturday called it a 'jumla' while also claiming that the government was "forced to bow to the demand of the people".
Jaipur (Rajasthan) [India], November 5 (ANI): Rajasthan Chief Minister Ashok Gehlot on Thursday urged the Centre to reduce the Excise Duty further on petrol and diesel in order to bring down the inflation.
New Delhi [India], September 15 (ANI): The new Excise Policy will provide Rs 3500 crore alternate revenue to Delhi, taking total revenue generation to Rs 10,000 crore, said Deputy Chief Minister Manish Sisodia on Wednesday.