Petrol Diesel Price:
Bhopal (State Bureau). The public eye is on the budget of the Madhya Pradesh government to be presented in the Madhya Pradesh Legislative Assembly on March 9. The public hopes that the state government can give relief by giving exemption in tax (VAT) on petrol and diesel. Because in November 2021, even after giving a discount of four per cent in VAT on petrol and diesel, one liter of petrol is being sold at Rs 107.23 and diesel at Rs 90.87 per liter in the state. Public spends huge amount on petrol and diesel. Therefore, the common man wants relief in this era of inflation. The main opposition party Congress has also raised this demand.
She will also place a demand in the House during the assembly session to control inflation. At the same time, the public is also continuously demanding control of inflation, which is not possible without reducing the price of petrol and diesel. It should be known that maximum revenue comes from petrol and diesel in the state. Therefore, it is not easy for the government to give tax exemption, but there are assembly elections in the state next year, before that urban body and panchayat elections are also to be held. Seeing which it is expected that the government can give a discount on petrol and diesel.
13 thousand crores raised from VAT
The government has received revenue of 12 thousand 877 crore rupees from VAT in the current financial year till January 2022. In this, a large amount has been received from petrol and diesel. Even after giving four-four percent exemption in tax on petrol and diesel, this time 21 percent more amount has been collected as compared to the last financial year 2020-21.
After the center, the state government had announced
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In November 2021, the central government had reduced the excise duty on petrol by Rs 5 and on diesel by Rs 10. Then the price of petrol in the state was Rs 118.83 a liter and that of diesel was 107.86 a liter. After this, the state government gave four per cent relief in tax VAT on petrol and diesel. Due to which the price of petrol in the state was reduced by Rs 11.97 and that of diesel by Rs 16.95 per liter.
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