Karnataka Chief Minister Basavaraj Bommai on Saturday said the government has not yet thought about further cut in fuel tax, following the Centre’s recent decision to reduce excise duty on petrol and diesel.
Bowing to public pressure, Union Finance Minister Nirmala Sitharaman on May 21 had announced a Rs 8 per litre cut in excise duty on petrol and Rs 6 a litre on diesel to avoid increase in fuel prices that were necessitated due to surge in international oil prices. Also, the Central government had decided to give Rs 200 per cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year to help ease some of the burden arising from cooking gas rates rising to record levels.
