You are here: Home » PTI Stories » National » News
Business Standard

Stalin urges TN govt to reduce taxes on petroleum products

Press Trust of India  |  Chennai 

Opposition today slammed the "oppressive taxation" on petrol and diesel and urged the Tamil Nadu to reduce taxes on these products to benefit the common man.

Working President and Leader of Opposition in the state Assembly, M K Stalin, asked Chief Minister K Palaniswami to take a cue from and in this regard.


The two BJP-ruled states had yesterday reduced Value Added (VAT) on petrol and diesel, resulting in them getting cheaper.

They had effected the changes after Union Minister had recently written to states asking them to reduce taxes on these. The Centre had recently brought down excise duty on petrol and diesel by Rs 2 per litre.

Stalin recalled that the M Karunanidhi-led had in the past reduced taxes on petrol and diesel in the state during certain rate revisions of the products.

"People are struggling hard due to the oppressive taxation on petrol and diesel which has led to prices of petrol to hover around Rs 70.96 and diesel at Rs 60.04 (in Chennai)," he said.

It was the government's duty to "ease this pain" which people faced, he added.

"Hence, I insist this (AIAMDK) to follow the actions initiated by and and transfer the benefit to people by reducing the taxes," Stalin said.

He said daily revision of prices of petrol and diesel due to the "central government's dynamic pricing policy has proved to be a huge burden, especially for the poor and middle class sections of the population.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 11 2017. 14:28 IST
RECOMMENDED FOR YOU