Vat On Fuels
Top headlines: ED arrests ex-NSE MD; June trade deficit widens to $26 bn
Business Standard brings you the top headlines this hour
 "Top headlines: ED arrests ex-NSE MD; June trade deficit widens to $26 bn")
Further cut in state VAT on fuels can soften inflationary pressure: RBI Guv
Das said in his remarks while spelling out the outcome of the ongoing monetary policy review meeting that started on Monday.
 "Further cut in state VAT on fuels can soften inflationary pressure: RBI Guv")
Himachal Cong chief terms reduction in excise duty on fuel as 'trivial'
State Congress President MP Pratibha Singh further demanded the government to reduce the prices of essential commodities, edible oil, pulses, flour and vegetables
 "Himachal Cong chief terms reduction in excise duty on fuel as 'trivial'")
'We will consider,' says Karnataka CM Bommai on further cut in fuel tax
Bowing to public pressure, Finance Minister Nirmala Sitharaman on Saturday announced a Rs 8 per litre cut in excise duty on petrol and Rs 6 a litre on diesel to avoid increase in fuel prices
 "'We will consider,' says Karnataka CM Bommai on further cut in fuel tax")
Centre happy to bring fuel under GST, states unwilling: Hardeep Puri
The Union Minister hit out at the Opposition-ruled states for their criticism over the fuel taxes and said that the BJP-ruled states charge half the VAT amount than the non-BJP states
 "Centre happy to bring fuel under GST, states unwilling: Hardeep Puri")
Centre should remove cess, surcharges on fuel: TN FM Palanivel Rajan
He was responding to Prime Minister Narendra Modi's call on Wednesday to states to reduce the Value Added Tax (VAT) on fuel "in the spirit of cooperative federalism"
 "Centre should remove cess, surcharges on fuel: TN FM Palanivel Rajan")
His federalism is not cooperative but coercive: Rahul on PM over fuel price
Gandhi's remarks came a day after Modi flagged higher fuel prices in many opposition-ruled states and urged them to reduce VAT in "national interest"
 "His federalism is not cooperative but coercive: Rahul on PM over fuel price")
States should cut VAT to give relief to consumers: Puri on fuel prices
All BJP-ruled states have reduced VAT on petrol and diesel, Puri pointed out
 "States should cut VAT to give relief to consumers: Puri on fuel prices")
Maharashtra govt should reduce VAT on petrol and diesel: BJP's Patil
Maharashtra BJP president Chandrakant Patil demanded that the state government reduce the Value Added Tax on petrol and diesel, after the Centre recently cut the excise duty on the fuels.
 "Maharashtra govt should reduce VAT on petrol and diesel: BJP's Patil")
No reduction in VAT on fuel, says Gujarat FM on state budget for 2021-22
State estimates GST shortfall of Rs 25,000 cr
 "No reduction in VAT on fuel, says Gujarat FM on state budget for 2021-22")
Delhi Cabinet decides to reduce VAT on diesel to 16.75% to 'propel economy'
Chief Minister Arvind Kejriwal Thursday announced a reduction in VAT on diesel, saying the move will help propel Delhi's economy
 "Delhi Cabinet decides to reduce VAT on diesel to 16.75% to 'propel economy'")
Three states cut VAT on fuels
The move follows the Centre cutting excise duty on petrol and diesel by Rs 2 per litre last week
 "Three states cut VAT on fuels")
