STOCK MARKET BSE NSE

Abolish VAT on petrol, diesel: Chandrababu Naidu to CM Jagan Mohan Reddy

The TDP supremo alleged that the prices of essentials are spiralling due to the Andhra government’s negligence.

Published: 23rd June 2020 07:55 AM  |   Last Updated: 23rd June 2020 07:55 AM   |  A+A-

Petrol, Fuel

The petrol prices are on a rise. ( File, EPS)

By Express News Service

VIJAYAWADA: Demanding the State government to reduce taxes imposed on petrol and diesel, TDP supremo N Chandrababu Naidu sought Chief Minister YS Jagan Mohan Reddy to pressurise the Centre to reduce prices of the twin fuels.

Stating that the common man and business community are suffering losses due to coronavirus, he said enhancing the prices of petrol and diesel at this time will burden them further.

In a statement issued here on Monday, Naidu said that the YSRC government should slash the taxes it has imposed on petrol and diesel in order to provide immediate relief to the people.

An appeal must also be made to the Centre, the TDP supremo felt.

Observing that the increasing fuel prices are having an adverse impact on the transport sector, he said while the prices of petrol increased by Rs  7.97 per litre, diesel has been enhanced by Rs  8.88 recently.

With the government levying Rs  2.76 on petrol per litre and Rs  3.07 on diesel per litres in the form of VAT,  it has resulted in a Rs  3,893 crore burden on the sector and affecting livelihood of lakhs of people depending on it, he said.

The TDP supremo alleged that the prices of essentials are spiralling due to the government’s negligence.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp