- Tag results for fuel tax
Kerala Finance Minister TM Thomas Isaac said the state will not reduce tax on petroleum products.
A cut in oil taxes will add to the fiscal deficit. National fiscal deficit determines bond yield and with a higher fiscal deficit the rupee becomes shakier.
The Bangalore Metropolitan Corporation (BMTC) is banking on the State government to okay two of its proposals to shore up its sinking financial position: the waiver of this year’s Motor Vehicle Tax.
TNIE gives you a peek into how much the petroleum sector has contributed to the central and state exchequers over the last four years.