The Centre may be facing “dharm sankat (dilemma)” over record fuel prices. But four states have taken the lead with tax cuts to offer consumers relief and show the Centre that spiralling pump prices have less to do with rising crude but is more because of high levies.
On Sunday, poll-bound West Bengal became the latest to join the band, reducing VAT by Re 1 on petrol and diesel. Rajasthan was the first to move on January 29, reducing VAT from 38% to 36%.
