'Both Centre, TN govt should reduce tax percentage on petrol'

Image
Press Trust of India Chennai
Last Updated : Jan 20 2013 | 3:44 AM IST

"The state government in Tamil Nadu gets 27 per cent tax from the petrol price. If the Centre and state governments reduce their tax percentage substantially on petrol, the recent hike will not affect the public," he said in a letter to his partymen.

The 88-year-old patriarch said the DMK agitation on May 30 was only to insist that the Centre and state governments, "instead of pretending to be worried over the hike, should themselves voluntarily come forward and reduce their share of tax on the petrol."

Listing out the recent increase in the prices of milk, bus fare and electricity tariff by the Jayalalithaa government since May last year, he said the DMK regime had never increased the prices of these commodities and services.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 28 2012 | 5:55 PM IST

Next Story