Centre slashes fuel prices by Rs 2.50 per litre, some BJP-ruled states follow suit
Maharashtra, UP, Goa, Gujarat, Madhya Pradesh, Himachal Pradesh, Jharkhand, Assam, Arunachal Pradesh and Tripura announced a Rs 2.50 cut in VAT on the fuels
Maharashtra, UP, Goa, Gujarat, Madhya Pradesh, Himachal Pradesh, Jharkhand, Assam, Arunachal Pradesh and Tripura announced a Rs 2.50 cut in VAT on the fuels
The finance minister said the excise duty cut would have an impact of Rs 10,500 crore on the central government's tax revenues.