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Petrol price soars to highest in 4 years, Oil Minister says states not cutting taxes

After cutting the excise duty, the central government also requested the state governments to make a reduction in VAT imposed by them on petrol and diesel so as to give more relief to the consumers.

The passing of Brigadier Kapil Mohan, chairman, Mohan Meakin Limited, did bring an era to an end, but the obituaries made one critical error.
Prime Minister Narendra Modi on Wednesday squarely blamed the erstwhile UPA regime for the whopping Rs 8 lakh crore bad loans burden plaguing the banking system.
The Finance Ministry, headed by Arun Jaitley, said the reason for the donward trend in tax revenue under GST can be attributed to a number of factors.