Kerala Budget will push people to further suffering: BJP
1 year, 10 months ago

Kerala Budget will push people to further suffering: BJP

The Hindu  

BJP State general secretary C. Krishnakumar said here on Friday that the State Budget would push the people into further suffering. Kerala has become the State to charge the highest price for petrol and diesel in the country,” said Mr. Krishnakumar. The government, the BJP leader said, is pushing the people to further depths of suffering by increasing taxes. Mr. Krishnakumar said projects such as the Bengaluru-Kochi industrial corridor, national highway development, green energy tapping, and additional aid for local self-government bodies were all announced in the Union Budget.

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History of this topic

Kerala CM Pinarayi Vijayan Slams Union Budget for Ignoring State Needs
5 months ago

Kerala CM Pinarayi Vijayan Slams Union Budget for Ignoring State Needs

Deccan Chronicle  

Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Tuesday slammed the budget presented by Union Finance Minister Nirmala Sitharaman in Parliament, stating it appears to discriminate between states. The chief minister noted that most states including Kerala have been overlooked in the Finance Minister's announcements, which were prefaced with the '8 Goals of National Importance'. The chief minister said after examining …

HD Kumaraswamy slams Karnataka government for fuel price hike: 'To fund schemes'
6 months, 1 week ago

HD Kumaraswamy slams Karnataka government for fuel price hike: 'To fund schemes'

India Today  

Union Heavy Industries and Steel Minister HD Kumaraswamy on Monday lashed out at the Congress-led Karnataka government for the recent hike in sales tax on fuel, which has made petrol and diesel costlier in the state. The Janata Dal leader said the fuel prices were hiked by Chief Minister Siddaramaiah-led government to fund Congress's guarantee schemes like Gruha Lakshmi in …

Congress hiked fuel prices as revenge for poll debacle: Karnataka LoP Ashoka
6 months, 1 week ago

Congress hiked fuel prices as revenge for poll debacle: Karnataka LoP Ashoka

New Indian Express  

BENGALURU: Hitting out at the state government for increasing petrol and diesel prices in Karnataka, Leader of Opposition in the Assembly R Ashoka claimed that the Congress-led dispensation is taking revenge on the people for defeating the party in the recent Lok Sabha polls. “During the previous BJP government, when fuel became costlier by just Re 1, the present CM …

Karnataka Chief Minister defends fuel price hike: 'Will ensure funding for...'
6 months, 1 week ago

Karnataka Chief Minister defends fuel price hike: 'Will ensure funding for...'

India Today  

Karnataka Chief Minister Siddaramaiah on Sunday justified the petrol and diesel price hike in the state, highlighting the state's "reduced revenue", and said it would ensure funding for essential public services and development projects. Defending the decision, the Chief Minister said, “The Government of Karnataka has increased VAT on petrol to 29.84% and on diesel to 18.44%. We remain committed …

Karnataka BJP Criticizes Congress for Petrol and Diesel Price Hike
6 months, 1 week ago

Karnataka BJP Criticizes Congress for Petrol and Diesel Price Hike

Deccan Chronicle  

Mangaluru: BJP leaders have strongly criticized the Congress government in Karnataka for its recent decision to increase petrol and diesel prices in the state. "The Congress government in the state has bankrupted the treasury by implementing unscientific guarantee schemes and has now betrayed the people by increasing the prices of petrol and diesel," Bommai asserted on X. BJP Mangaluru Vibhag …

Kerala's revenue soars to Rs 77,000 cr
7 months ago

Kerala's revenue soars to Rs 77,000 cr

Deccan Chronicle  

“We've managed a record increase in the state's own revenue even as the Centre financially squeezes us. The state's own tax revenue rose from Rs 47,000 crore in 2020-21 to Rs 77,000 crore in 2023-24,” Balagopal said. “Without this increase, Kerala's economy would have collapsed due to the central government's anti-state policies.” The minister also noted that the state government …

Chief Minister Pinarayi Vijayan Slams The Union Budget For Neglecting Kerala
10 months, 3 weeks ago

Chief Minister Pinarayi Vijayan Slams The Union Budget For Neglecting Kerala

Deccan Chronicle  

Thiruvananthapuram: : Kerala's Chief Minister, Pinarayi Vijayan, expressed his disappointment with the union budget, stating that it had overlooked the state's needs and aspirations. Furthermore, the budget had not taken into account any of Kerala's legitimate demands, including new trains, rail surveys, Sabari line, and track doubling. The Chief Minister expressed concern that the central government's economic policies were leaving …

FM slams Telangana govt for failing to cut fuel tax, curb inflation
1 year, 4 months ago

FM slams Telangana govt for failing to cut fuel tax, curb inflation

Deccan Chronicle  

HYDERABAD: Union finance minister Nirmala Sitharaman on Thursday slammed the Telangana state government, along with a few other state governments, for refusing to reduce taxes on fuels which, she said, was adding to inflationary pressures on essential and other commodities in the state. Speaking in the Lok Sabha on Thursday on the no-confidence motion moved by Opposition parties against the …

Why Kerala’s tax rate hikes appear compelling
1 year, 10 months ago

Why Kerala’s tax rate hikes appear compelling

The Hindu  

Kerala’s Budget 2023 presented by Finance Minister K. N. Balagopal on February 3, 2023 focussed on revenue mobilisation. In addition to tax rate hikes, Budget 2023 has also focussed on non-tax revenue mobilisation, including raising revenue from revising the royalty rates of minor minerals and increasing the user charges. The hikes in tax rates were to identify fiscal space amidst …

Social security cess on fuel forces a vexing political calculus on government
1 year, 10 months ago

Social security cess on fuel forces a vexing political calculus on government

The Hindu  

The proposed additional social security levy of Rs. He says the government is hard-pressed to forsake an estimated Rs 11,000 crore the State requires to meet its social security commitments, a potentially advantageous political priority for the Left Democratic Front. Not surprisingly, Mr. Balagopal told the Assembly that he is ready to take the flak for the fuel cess in …

Kerala Budget announces tax hikes, social security cess on fuel and liquor
1 year, 10 months ago

Kerala Budget announces tax hikes, social security cess on fuel and liquor

The Hindu  

Balagopal on Friday announced a string of tax increases and new cesses aimed at mopping up additional revenue in his Budget for the 2023-24 fiscal, even as the measures drew sharp criticism for burdening taxpayers at one fell swoop. The Budget also earmarked ₹2000 crore for tackling inflation and ₹100 crore for a ‘Make in Kerala’ programme intended to promote …

Kerala’s demands on infra, fiscal policy ignored in Union Budget, says State government
1 year, 10 months ago

Kerala’s demands on infra, fiscal policy ignored in Union Budget, says State government

The Hindu  

The Union Budget 2023 presented by Finance Minister Nirmala Sitharaman on Wednesday appears to have dashed Kerala’s expectations with respect to specific demands made on the infrastructure and fiscal policy fronts. Balagopal blamed the Budget for neglecting Kerala, particularly the demands made by the State on fiscal policy. That said, Ms. Sitharaman’s announcements with regards to an Agriculture Accelerator Fund …

Petrol prices high in six non-BJP ruled States due to high VAT: Puri
2 years ago

Petrol prices high in six non-BJP ruled States due to high VAT: Puri

The Hindu  

Petroleum Minister Hardeep Singh Puri said on Thursday that petrol prices remained high in six non-BJP ruled States of West Bengal, Tamil Nadu, Andhra Pradesh, Telangana, Kerala and Jharkhand as the State governments had not reduced value-added tax. High crude prices Asserting that currently petrol prices in India were one of the lowest, Mr. Puri said oil marketing companies together …

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre
2 years, 5 months ago

Maharashtra to cut petrol prices by ₹5/ litre and diesel prices by ₹3/litre

Hindustan Times  

Maharashtra chief minister Eknath Shinde on Thursday announced that the state government had decided to cut value added tax on petrol prices by ₹5 per litre and diesel by ₹3 per litre. Happy to announce that new Government under CM Eknathrao Shinde has decided to reduce Petrol & Diesel prices by ₹5/litre & ₹3/litre respectively,” Fadnavis later tweeted. “A decision …

Data Point | Explaining India’s recent fuel tax cuts
2 years, 6 months ago

Data Point | Explaining India’s recent fuel tax cuts

The Hindu  

It’s a relief that the Union government has cut the fuel tax. A look at the developments that preceded the recent excise duty cuts: After weeks of incremental increases in fuel prices, Union Finance Minister Nirmala Sitharaman announced that the Union government is slashing fuel taxes. Her point was that the cut of Rs 8 per litre came from the …

India trims taxes on fuel, commodities to fight inflation
2 years, 7 months ago

India trims taxes on fuel, commodities to fight inflation

Al Jazeera  

The steps will lead to a drop in annual revenues due to lower collections, raising concerns on India’s fiscal deficit. Finance Minister Nirmala Sitharaman announced on Saturday a cut in excise duty on petrol by 8 rupees per litre and 6 rupees per litre on diesel. The new tax regime on petrol and diesel could result in the government losing …

Many States reluctant to cut fuel tax
2 years, 7 months ago

Many States reluctant to cut fuel tax

The Hindu  

The Maharashtra government pared its value added tax levies on petrol and diesel by ₹2.08 and ₹1.44 per litre respectively on Sunday, a day after criticising the Centre for offering minimal tax cuts after drastic hikes over its tenure, a sentiment echoed by most Opposition-ruled States. After announcing the excise duty cuts on petrol and diesel of ₹8 and ₹6 …

Maha, Kerala, Raj Reduce VAT on Petrol, Diesel After Centre Cuts Excise Duty
2 years, 7 months ago

Maha, Kerala, Raj Reduce VAT on Petrol, Diesel After Centre Cuts Excise Duty

News 18  

Maharashtra, Rajasthan and Kerala have decreased VAT on petrol and diesel after Finance Minister Nirmala Sitharaman’s call to provide further relief to consumers following a cut in excise duty by the Centre, though some other states appeared reluctant citing their inability to take more strain on revenue. State Finance Minister Palanivel Thiaga Rajan said the central government had never consulted …

Uttar Pradesh, other States should slash VAT on petrol, diesel: BSP chief Mayawati
2 years, 7 months ago

Uttar Pradesh, other States should slash VAT on petrol, diesel: BSP chief Mayawati

The Hindu  

With the Centre slashing the excise duty on petrol and diesel, Bahujan Samaj Party chief Mayawati on May 22 said it was the duty of not only Uttar Pradesh but also of other States to immediately announce a cut in VAT on fuel. Petrol price on May 22 was slashed by ₹8.69 a litre and that of diesel by ₹7.05 …

Prices of food, shelter, essentials skyrocket in India, commoners under pressure
2 years, 8 months ago

Prices of food, shelter, essentials skyrocket in India, commoners under pressure

India Today  

Prices of several essential items are on the rise and it is hurting the common man the most. On February 28, Amul announced that it was raising milk prices by Rs 2/litre, resulting in a 4 per cent increase in MRPs. Fuel prices have risen for the 14th time in the last 15 days, with petrol and diesel prices increasing …

Telangana, Andhra Pradesh did not slash taxes on fuel: Centre
2 years, 9 months ago

Telangana, Andhra Pradesh did not slash taxes on fuel: Centre

Deccan Chronicle  

New Delhi: Petroleum minister Hardeep Singh Puri told Parliament on Monday that the government was exploring all the possible ways and would take all the necessary measures in the coming months to ensure that consumers get relief from high fuel prices. Replying to supplementaries during Question Hour in the Rajya Sabha, the minister said that since India relies on overseas …

Nine States Not Reduced VAT on Petrol, Diesel: Hardeep Puri in Rajya Sabha
2 years, 9 months ago

Nine States Not Reduced VAT on Petrol, Diesel: Hardeep Puri in Rajya Sabha

News 18  

Union Minister Hardeep Singh Puri on Monday informed the Rajya Sabha that nine states, including Maharashtra and Kerala, have not reduced VAT on petrol and diesel. Instead we are hearing why prices have gone up.” To a supplementary by a BJP member that many states have not reduced VAT on petrol and the highest prices are in Andhra Pradesh, Maharashtra, …

Fuel price cut in consonance with national mood
3 years, 1 month ago

Fuel price cut in consonance with national mood

New Indian Express  

Strange, but fuel prices have the duality of bringing fortune and misfortune. Interestingly, despite the surging pump prices, an IMF official recently recommended maintaining existing fuel taxes in India, as a reduction disproportionately benefits higher-income households, making it ‘highly regressive’. Truth is, the chasm between headline and household inflation is wide and the Centre’s pick to go with the latter …

Kerala refuses to reduce VAT on petrol and diesel, says there is no need
3 years, 1 month ago

Kerala refuses to reduce VAT on petrol and diesel, says there is no need

Op India  

Pinarayi Vijayan led left Democratic Front government in Kerala has refused to reduce tax on petrol and diesel on the line of Centre and many NDA ruled states reducing taxes to give relief to people from the runaway prices. NDA ruled states join price cut move After the centre cut the excise duty and urged the states to do the …

Kerala firm on not reducing VAT on fuel prices, says state is in 'grim financial situation'
3 years, 1 month ago

Kerala firm on not reducing VAT on fuel prices, says state is in 'grim financial situation'

India TV News  

The Kerala government has on Friday said firmly that there will be no tax reduction on the petrol and diesel prices, quoting the state's grim financial situation. Justifying the state's decision not to cut the additional tax on fuel, state Finance Minister K N Balagopal, while addressing a press conference said Kerala has not increased the state-tax on petrol and …

Kerala government firm on decision not to reduce fuel tax
3 years, 1 month ago

Kerala government firm on decision not to reduce fuel tax

Firstpost  

While many other states had increased fuel tax and introduced cess during the COVID-19 period, Kerala had not done so considering the plight of struggling commoners, said state Finance Minister K N Balagopal Thiruvananthapuram: Despite opposition criticism, the Kerala government on Friday reaffirmed its stand that it could not forego the taxes on fuel due to the grim financial situation …

Fuel prices see further dip in these states as BJP and its allies cut costs of petrol by Rs 8, diesel by Rs 9
3 years, 1 month ago

Fuel prices see further dip in these states as BJP and its allies cut costs of petrol by Rs 8, diesel by Rs 9

Firstpost  

After duty changes, the costliest petrol and diesel is sold in Rajasthan at Rs 111.10 and Rs 95.71 a litre respectively New Delhi: Petrol price has been further reduced by as much as Rs 8.7 per litre and diesel by Rs 9.52 in BJP ruled states and UTs — from Ladakh to Puducherry — as they matched the central government’s …

Petrol, diesel cheaper on Diwali as multiple states cut VAT on fuel. Full list
3 years, 1 month ago

Petrol, diesel cheaper on Diwali as multiple states cut VAT on fuel. Full list

Hindustan Times  

Facing months of intense pressure over rising fuel prices in the country, the central government on Wednesday cut excise duty on petrol and diesel by record amounts of ₹5 and ₹10, respectively, per litre, to bring down their rates from the highest-ever levels. Taking it forward, the Haryana government has also reduced the VAT on fuel prices; now both petrol …

BJP Lauds Modi Govt's Cut in Petrol, Diesel Prices
3 years, 1 month ago

BJP Lauds Modi Govt's Cut in Petrol, Diesel Prices

News 18  

The BJP on Wednesday hailed the central government's decision to reduce petrol and diesel prices as Prime Minister Narendra Modi's Diwali gift. "I thank @narendramodi Ji's Gov for reducing Excise Duty on Petrol & Diesel on the eve of Diwali by Rs 5 and Rs 10 respectively from tomorrow. The reduction in excise duty on Petrol & Diesel will also …

Tamil Nadu government slashes petrol prices by Rs 3 per litre in budget speech
3 years, 4 months ago

Tamil Nadu government slashes petrol prices by Rs 3 per litre in budget speech

India Today  

The DMK government has lowered the price of petrol in Tamil Nadu as part of its first annual budget announcement. Presenting the budget on Friday, Tamil Nadu Finance Minister P Thiaga Rajan said the prices of petrol will be slashed by Rs 3 per litre in the state. We have reduced petrol prices by Rs 3 per litre and will …

Central Govt Should Cut Its Tax on Fuel, Says Tamil Nadu DyCM Panneerselvam
3 years, 9 months ago

Central Govt Should Cut Its Tax on Fuel, Says Tamil Nadu DyCM Panneerselvam

News 18  

The Centre should come forward to reduce its tax on petroleum products since the resources for state's own tax revenue is meagre, Tamil Nadu Deputy Chief Minister O Panneerselvam told the Assembly on Saturday. To protect its tax revenue from petrol and diesel notwithstanding a fall in global crude prices the Central government increased excise duty several times, he said. …

No proposal to reduce tax on petrol, diesel: UP government
3 years, 9 months ago

No proposal to reduce tax on petrol, diesel: UP government

India TV News  

There is no proposal to reduce tax on petrol and diesel as revenue is needed to ensure betterment of health services and other development works due to the COVID-19 pandemic, the Uttar Pradesh government said on Thursday. Replying to Samajwadi Party member Narendra Verma during the question hour in the state Assembly, Cabinet Minister Satish Mahana said, "There is no …

Petrol touches ₹100/litre in some cities, here’s why it’s so costly
3 years, 10 months ago

Petrol touches ₹100/litre in some cities, here’s why it’s so costly

Live Mint  

Fuel prices are on the rise again. Part of the reason is recovering crude oil prices, even as central and state taxes remain a pain point. The elevated taxes kept fuel prices up in India even though crude oil prices had crashed and stayed low for much of 2020. Source: RBI, PPAC The current petrol price break-up in Delhi shows …

Congress planning nationwide protest against soaring fuel prices: Chennithala
3 years, 10 months ago

Congress planning nationwide protest against soaring fuel prices: Chennithala

Deccan Chronicle  

Kochi: The Congress is planning a nationwide protest against the increasing fuel prices, senior party leader Ramesh Chennithala said here on Friday as he attacked the BJP-led government at the Centre over the soaring prices of diesel and petrol. "The Congress is planning an all India protest, if the prices of fuel continue to soar on an uncontrolled level," Chennithala …

Rahul Gandhi slams Centre over fuel price hike, says Narendra Modi govt only 'busy collecting tax'
3 years, 10 months ago

Rahul Gandhi slams Centre over fuel price hike, says Narendra Modi govt only 'busy collecting tax'

Firstpost  

New Delhi: The Congress on Sunday slammed the Centre over fuel prices touching an “all-time high” and demanded that the excise duty hike affected by the Narendra Modi government during its tenure be immediately rolled back to give relief to the masses. Congress spokesperson Ajay Maken said in Delhi on Sunday the petrol prices have reached an all time high …

Kerala: Welfare Pension Hiked, Relief Measures for Farmers in Left Govt's Final Budget
3 years, 11 months ago

Kerala: Welfare Pension Hiked, Relief Measures for Farmers in Left Govt's Final Budget

News 18  

Hike in welfare pensions and relief measures for farmers were proposed in the Kerala 2021-22 budget presented on Friday by Finance Minister T M Thomas Isaac. Though Isaac would present the last budget as a full- fledge one, the House would pass only a vote-on-account for four months as the tenure of the present government would end soon. Giving thrust …

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