India

Delhi Cabinet reduces VAT on diesel from 30% to 16.75%, diesel now at ₹73.64 per litre 

Delhi Cabinet has decided to reduce VAT on diesel from 30% to 16.75%. This will reduce price of diesel in Delhi from Rs 82 to Rs 73.64 i.e. by Rs 8.36 per litre, says Delhi CM Arvind Kejriwal

By NH Web Desk

Chief Minister Arvind Kejriwal Thursday announced a reduction in the Value Added Tax (VAT) on diesel from the existing 30 per cent to 16.75 per cent, saying the move will help propel Delhi's economy.

Delhi Cabinet has decided to reduce VAT on diesel from 30% to 16.75%. This will reduce price of diesel in Delhi from Rs 82 to Rs 73.64 i.e. by Rs 8.36 per litre, says Delhi CM Arvind Kejriwal.

Published: 30 Jul 2020, 12:12 PM IST

He said there was a serious challenge of reviving the economy of Delhi but it will be achieved together with cooperation of people.

The diesel price will now come down from Rs 82 a litre to Rs 73.64 a litre, he said and added that traders and industrialists in the city had demanded it.

The decision was taken in a meeting of the Delhi Cabinet chaired by the chief minister.

Published: 30 Jul 2020, 12:12 PM IST

Also read:AAP confirms Congress is the real opposition to RSS-BJP combine, not Kejriwal

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Published: 30 Jul 2020, 12:12 PM IST

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