Delhi Budget: Domestic Gas, CNG and Diesel to be costlier
merisarkar news service
New Delhi, March 22, 2010
Shield Govt hiked taxes on many commodities
Delhi government on Monday announced to withdraw subsidy on LPG and increasing VAT on many items to generate additional revenue.
Finance Minister AK Walia while presenting the state budget announced the withdrawal of the Rs 40 subsidy on LPG cylinders for domestic consumers besides an increase in VAT for diesel and CNG.
The government also proposed to increase VAT on various items like desi ghee, house-hold plastic items, kerosene stoves, wood, inverters, tea, coffee locks, lanterns, fertilisers, and all utensils and cutlery items including pressure cooker.
With an increase on the VAT from 12.5 percent to 20 percent, diesel will now cost Rs 35.29 per litre in the capital. Earlier Diesel in Delhi cost Rs 32.92 per litre.
Delhi Govt has imposed 5 per cent tax on CNG. At present there is no VAT on CNG.
