The Rajasthan government on Saturday reduced value-added tax (VAT) on petrol by Rs 2.48 per litre and diesel by Rs 1.16 per litre, following the reduction of excise duty by the Centre.
Taking to Twitter, Chief Minister Ashok Gehlot wrote, "Due to the reduction in the prices of petrol and diesel by the central government, the state government will reduce VAT by Rs 2.48 per litre on petrol and Rs 1.16 per litre on diesel. With this, petrol will be cheaper by Rs 10.48 and diesel by Rs 7.16 per liter in the state."
Meanwhile, the Kerala government also announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 respectively.
Earlier on Saturday, in a significant step aimed at providing relief to people from high fuel prices, the Centre announced a reduction in excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.
Making the announcement, Union Finance Minister Nirmala Sitharaman said that the move will have a revenue implication of around Rs 1 lakh crore per year. The minister, who made several other announcements aimed at curbing inflation, said subsidy will also be provided on cylinders under the Ujjwala scheme.
She urged states to also reduce VAT on petroleum products to give relief to the common man.
The government had similarly reduced excise duty on petrol and diesel in November last year on the eve of Diwali. It had then reduced excise duty on petrol by Rs 5 per litre and on diesel by Rs 10 per litre.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
12 Dead, Many Critical In Huge Jaipur Fire As 2 Trucks Collide Outside Petrol Pump Gurugram Issues Guidelines To Phase Out Diesel Auto-Rickshaws By Year-End Flight Tickets May Get Costlier As Oil Companies Raise Aviation Fuel Prices "Congress Should Be Ready...": Mani Shankar Aiyar's Big INDIA Bloc Remark 3 Marriages, Rs 1.25 Crore: How 'Looting Bride' Targeted Rich Men Bashar Al-Assad's Wife Files For Divorce, Wants To Return To UK: Report Scammers, Fake Accounts, Controversial Figures: Bluesky's Many Struggles Women Raped As Families Watch, Children Killed: African Militia On Rampage Constipation Awareness Month 2024: Diet Tips For Better Digestion Track Latest News Live on NDTV.com and get news updates from India and around the world.