Karnataka CM Bommai hints at tax cut on petrol after reviewing the state’s economy

Hubballi: Karnataka Chief Minister Basavaraj Bommai on Sunday said that the government will decide on reducing the petrol price by effecting a tax cut, after reviewing the state’s economy.

“I have already said, it is dependent on the economy, after the by-polls I will review the economy, at that time if the economy has improved, there is opportunity for it,” Bommai, who also holds the Finance portfolio said in response to a question whether there is any proposal to reduce taxes on petrol in Karnataka.