Jaipur, March 14 (IANS) The Rajasthan government on Thursday announced the reduction of Value Added Tax (VAT) on petrol and diesel by 2 per cent.
The Bhajan Lal Sharma-led government has also hiked the Dearness Allowance (DA) for state government employees by 4 per cent.
The decisions were taken during the second meeting of the Cabinet led by Chief Minister Sharma on Thursday.
“Till now, the rates of petrol and diesel varied in the different districts of Rajasthan. The government has now removed this discrepancy, ensuring that the same rates are applied in all the districts of the state,” CM Sharma said.
He also said that the reduced prices will come into effect from 6 a.m. on Friday. The move will put an additional burden of Rs 1,500 crore on the state exchequer.
To recall, on March 10 and 11, petrol dealers in the state went on strike demanding a reduction in VAT.
Meanwhile, the Rajasthan government has also hiked the Dearness Allowance (DA) for all state government employees by 4 per cent, from 46 per cent to 50 per cent. This will put an additional burden of Rs 1,639 crore on the state exchequer.
The move followed after the Union Cabinet recently approved to release an additional instalment of Dearness Allowance to the Central government employees and Dearness Relief (DR) to the pensioners from January 1, 2024, representing an increase of 4 percentage points over the existing rate of 46 per cent.
–IANS
arc/arm
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
