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59% respondents cutting spends to cope with rising fuel prices: survey

Most want centre to reverse Covid excise duty, states to prune VAT rate or replace ad valorem rate with flat tax structure

Topics
Fuel prices | petrol | diesel

Indivjal Dhasmana  |  New Delhi 



Photo: Reuters
Photo: Reuters

As many as 89 per cent respondents to a survey want the union government to reverse the Covid-related excise duty on and imposed in May, 2020. Also, 79 per cent want their state governments to either reduce VAT rate or replace ad valorem rate with flat tax structure. As many as 59 per cent say they are cutting spending to cope with high and prices.

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First Published: Mon, February 22 2021. 18:22 IST

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