Bengal govt reduces tax on gas by Re 1 per litre

IN A bid to offer aid to the widespread man, the West Bengal authorities on Sunday introduced a discount of tax by Re 1 per litre on petrol and diesel efficient from midnight.
State Finance Minister Amit Mitra, throughout a digital information convention, mentioned the transfer would offer some respite to people who find themselves affected by the rising costs of gas.
“The Centre earns Rs 32.90 per litre in taxes from petrol, while the state gets Rs 18.46 only. In case of diesel, the central government’s earning is Rs 31.80 per litre as against Rs 12.77 for the state. Therefore, we have decided to reduce state tax by Rs 1 to provide relief to the people,” mentioned Mitra.

The finance minister alleged that the Centre had imposed cess to keep away from devolution with states, which is “against the characteristics of federalism”. Mitra added that the Centre ought to reintroduce the planning fee.