BENGALURU: Chief minister Basavaraj Bommai has promised to reduce sales tax on petrol and diesel after the bypolls, considering the economic conditions. But some experts have said that reducing tax won’t serve the purpose, given the highly fluctuating nature of oil prices.
They suggested that the government bring a fixed rate of taxation, instead of linking it to the basic prices of fuel. Truckers and other stakeholders have demanded such a move from the Centre and state governments to control the unbridled fuel price rise.
The Federation of Karnataka State Lorry Owners and Agents Association on Sunday announced that it would lay siege to Vidhana Soudha on November 5 and its members would march to the offices of the district administration in all districts.