Madhya Pradesh hikes VAT on liquor, petrol and diesel by 5%
In view of extensive damage caused by heavy rains in Madhya Pradesh, the state government on September 20 decided to impose five percent VAT on liquor, petrol and diesel to generate additional revenue, said an official.
- Sep 21, 2019,
- Updated Sep 21, 2019 1:31 PM IST
In view of extensive damage caused by heavy rains in Madhya Pradesh, the state government on September 20 decided to impose five percent VAT on liquor, petrol and diesel to generate additional revenue, said an official.
The state suffered an estimated loss of Rs 12,000 crore due to excessive rains this monsoon, a senior official said.
The increase in prices will come into effect from midnight, he said.
Maharashtra, Haryana election dates 2019 Live Updates: EC to announce Assembly poll schedule shortly
In view of extensive damage caused by heavy rains in Madhya Pradesh, the state government on September 20 decided to impose five percent VAT on liquor, petrol and diesel to generate additional revenue, said an official.
The state suffered an estimated loss of Rs 12,000 crore due to excessive rains this monsoon, a senior official said.
The increase in prices will come into effect from midnight, he said.
Maharashtra, Haryana election dates 2019 Live Updates: EC to announce Assembly poll schedule shortly