Rajasthan govt announces 2 pc cut in VAT on petrol, diesel
The Rajasthan government has reduced value-added tax (VAT) rate by two per cent on petrol and diesel, giving people the much needed respite from rising fuel prices.
The state finance department late Thursday issued orders, which came into effect from Thursday midnight.
Chief Minister Ashok Gehlot said that despite the price of crude oil being at the lowest level for a long time at the international market, inflation is rising as prices of petrol and diesel are hovering at all-time high levels and the common man is facing economic difficulties.
The price of branded or premium petrol price had crossed Rs 100-mark in Sriganganagar town of Rajasthan on January 27.
