Petrol, diesel to get costlier in State as govt hikes sales tax on fuel
The new tax rates show an increase in sales tax on petrol from 25.92 per cent to 29.84 per cent and on diesel from 14.3 per cent to 18.4 per cent
PTI/Salar News
BENGALURU, 15 JUNE
Karnataka government on Saturday
hiked sales tax on fuel which will make petrol and diesel costlier. According
to official sources, petrol will now go up by Rs 3 and diesel by Rs 3.5 per
litre.
The new tax rates show an increase
in sales tax on petrol from 25.92 per cent to 29.84 per cent and on diesel from
14.3 per cent to 18.4 per cent. This adjustment is intended to boost state
revenue but is expected to affect various sectors by increasing transportation
and goods distribution costs, which may ultimately impact consumers.
This notification shall come into
force with immediate effect, it said. The decision comes days after the Lok
Sabha poll results, in which NDA got 19 out of 28 seats in Karnataka, with BJP
winning 17 and JD(S) with 2. The ruling Congress in the State has won nine
seats.
According to sources, the hike is
expected to generate Rs 2,500-Rs 2,800 crore during the financial year.
Hitting out at the government,
Karnataka BJP president B Y Vijayendra urged the chief minister to roll back
the hike in petrol and diesel prices, as he threatened a state wide protest by
the party on Monday, at all district centres.
Taking to X, Leader of Opposition R
Ashoka lashed out at the Congress government’s move to increase the price. He
said, “This anti-people Congress government is going to take revenge for
Kannadigas voting for BJP in the Lok Sabha elections. Having emptied the state
coffers with unscientific guarantees of congress the government is going to
fill the treasury by taxing the Kannadigas. The Chief Minister Siddaramaiah
government has issued an order to increase the tax on petrol and diesel,
increasing the price of petrol to Rs 3 and diesel to Rs 3.50 in the state. The
increase has cut into the public's pocket.” Salar News/PTI
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