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Petrol, diesel price cut: Kerala announces reduction in state tax on petrol, diesel

6 views | May 21, 2022, 10:40:31 PM | Mirror Now
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After the Centre on Saturday announced to cut the excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre, the Kerala government has followed suit. The state government has also announced to slash state tax on petrol and diesel by Rs 2.41 and Rs 1.36, respectively. Announcing the cut on state tax, Kerala Finance Minister K N Balagopal said the Union government has partially reduced the huge tax imposed by it. He, however, welcomed the Centre's decision. "The Union government has partially reduced the huge tax on petrol and diesel. Kerala government welcomes this decision," Balagopal said in a statement.

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