After Karnataka, now other states in the country have also started announcing VAT on fuel.
The kind that was expected after the Lok Sabha elections. That work has already been started by state governments. Yes, one State after another is increasing VAT on petrol and diesel to increase their revenue. Earlier, Karnataka had surprised common people by increasing fuel tax in their state. Now the neighboring state of Goa has also taken the same step. The special thing is that since petrol and diesel are expensive in Karnataka, people from areas adjacent to Goa used to go there and fill up on cheap petrol.
According to experts, this is just the beginning. In the coming days, other states in the country could also take similar measures. In mid-March, oil marketing companies reduced the price of petrol and diesel by Rs 2. This decision was taken barely a month before the start of the Lok Sabha elections. Let us also tell you how much the Goa government has increased VAT on fuel price. After this action, what will be the petrol and diesel prices in Goa from Saturday?
How expensive will gasoline and diesel be?
The Goa government has announced that it will increase value added tax (VAT) on petrol and diesel from Saturday. Pranabji Bhatt, joint secretary (Finance) of the state government, issued the notification of this increase on Friday. He said that from Saturday petrol will be more expensive by 1 rupee and diesel by 36 paise. The official said the increase in VAT means that the price of petrol and diesel will increase by one rupee and 36 paise respectively. The current price of petrol in Goa is Rs 95.40 per litre, while diesel is Rs 87.90 per litre. After this increase, petrol price in Goa is expected to be around Rs 96.40 paise and diesel price Rs 88.26. The leader of the opposition Congress Party, Yuri Alemao, called it an insensitive government decision and demanded its immediate withdrawal.
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What are the prices of gasoline and diesel in the main cities of the country?
- New Delhi: Petrol price: Rs 94.72 per liter, Diesel price: Rs 87.62 per liter
- Kolkata: Petrol price: Rs 103.94 per liter, Diesel price: Rs 90.76 per liter
- Mumbai: Petrol price: Rs 104.21 per liter, Diesel price: Rs 92.15 per liter
- Chennai: Petrol Rate: Rs 100.75 per liter, Diesel Rate: Rs 92.34 per liter
- Bengaluru: Petrol Price: Rs 102.86 per liter, Diesel Price: Rs 88.94 per liter
- Chandigarh: Petrol Rate: Rs 94.24 per liter, Diesel Rate: Rs 82.40 per liter
- Gurugram: Petrol Rate: Rs 95.19 per liter, Diesel Rate: Rs 88.05 per liter
- Lucknow: Petrol price: Rs 94.65 per liter, Diesel price: Rs 87.76 per liter
- Noida: Petrol Rate: Rs 94.83 per liter, Diesel Rate: Rs 87.96 per liter
The Karnataka government had also increased
Before the Goa government, the Karnataka government had also increased VAT on fuel prices. According to the data, the government increased the price of petrol by 29.84 percent and diesel by 18.44 percent. After which an increase of Rs 2-3 in the price of petrol and diesel was observed in the state. The direct effect of the increase in the price of gasoline and diesel is observed in inflation. Due to rising prices of petrol and diesel, inflation will increase in the country and common people will face many problems. At present, although the inflation rate appears to be below 5 percent, if state governments increase fuel prices in the same way, the inflation rate may exceed 5 percent.
