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Rajasthan slashes VAT on petrol and diesel by 2 per cent

Chief Minister Bhajan Lal Sharma said the reduction of VAT on petrol would give people a relief of Rs 1.40 to 5.30, and from Rs.1.34 to Rs.4.85 to diesel buyers.

Rajasthan slashes VAT on petrol and diesel by 2 per cent

Bhajanlal Sharma, Rajasthan Chief Minister

Ahead of the Lok Sabha elections, Rajasthan Chief Minister Bhajan Lal Sharma announced a cut in the VAT rate on petrol and diesel by 2 per cent.

The Rajasthan government charges 31.04 VAT on petrol, and 19.30% on diesel.

Briefing the media here after a cabinet meeting, Sharma said the reduction of VAT on petro would give a relief of Rs 1.40 to 5.30, and from Rs.1.34 to Rs.4.85 to diesel buyers.

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The government will also remove disparities prevailing due to existing high VAT rates on oil companies and the market, he said.

The CM announced a raise in employees’ and pensioners’ Dearness Allowance (DA) by 4 per cent effective from January 1, 2024. This increase will give pay benefits in new DA slabs to 8 lakh employees and 4.40 lakh pensioners, he added.

He said it was one of the Modi Guarantees proposed last year before the assembly polls.

 

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