{"id":402144,"date":"2021-02-26T10:53:22","date_gmt":"2021-02-26T05:23:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402144"},"modified":"2021-02-26T11:48:11","modified_gmt":"2021-02-26T06:18:11","slug":"centre-state-talks-must-to-lower-taxes-on-fuel-finance-minister","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-state-talks-must-to-lower-taxes-on-fuel-finance-minister\/","title":{"rendered":"Centre-state talks must to lower taxes on fuel: Finance minister"},"content":{"rendered":"<p>AHMEDABAD: As skyrocketing fuel prices hit consumers, Union finance minister Nirmala Sitharaman on Thursday underlined the need for negotiations between the Union government and states to chart a path to reducing tax on fuel.<br \/>\nSitharaman termed the issue a major dilemma (\u2018Dharam Sankat\u2019) for the Centre, while responding to a question during a session organised by the Indian Institute of Management, Ahmedabad (IIM-A).<br \/>\n\u201cIt is a major dilemma to commit a specific time frame to lower taxes on fuel. It is not just the cess, but also excise duty imposed by the Centre and then each state has imposed VAT . We can bicker about who earns more. But there is a revenue consideration for both, Centre and the States,\u201d said Sitharaman, responding to a question on when the Centre is expected to reduce the cess on the fuels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AHMEDABAD: As skyrocketing fuel prices hit consumers, Union finance minister Nirmala Sitharaman on Thursday underlined the need for negotiations between the Union government and states to chart a path to reducing tax on fuel. Sitharaman termed the issue a major dilemma (\u2018Dharam Sankat\u2019) for the Centre, while responding to a question during a session organised by the Indian Institute of Management, Ahmedabad (IIM-A). \u201cIt is a major dilemma to commit a specific time frame to lower taxes on fuel. It is not just the cess, but also excise duty imposed by the Centre and then each state has imposed VAT [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-402144","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=402144"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402144\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}