The reduction in VAT on petrol and diesel will cost the state exchequer 2,000 crore and will provide the people a relief of 2.5 per litre of petrol and diesel
1 min read9 Sep 2018Madhya Pradesh finance minister Jayant Malaiya says discussions are going on about bringing petroleum products under the GST purview
1 min read21 Nov 2017Chandigarh announced that VAT on diesel will be reduced from 16.40% to 11.40% and on petrol from 24.74% to 19.74% from Thursday
1 min read18 Oct 2017Gujarat, Maharashtra, Himachal Pradesh cut VAT of petrol and diesel, put pressure on other states to follow suit
2 min read10 Oct 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared