Rajasthan government has already announced a four percentage point cut in VAT on petrol and diesel, while Andhra Pradesh announced a Rs 2 cut in petrol and diesel prices on Monday by slashing sales tax on the fuels. "We stand with the people on this issue but the solution to the increase in petrol and diesel prices is not in our hands", Prasad said.
Leaders of various opposition parties led by Congress president Rahul Gandhi kickstarted Monday the country-wide protest against rising fuel prices from Rajghat as part of the 'Bharat Bandh' call given by the party.
However, Maharashtra Chief Minister Devendra Fadnavis on Sunday said that the state government was working on various proposals to give relief to the people from rising fuel prices. At the same time, the diesel prices too marched ahead and was priced at Rs 78.83 per litre. It is clear that the prime reason why petrol and diesel are expensive is because of the central and state taxes.
The tax ratio can be raised not by increasing rates but by bringing evaders and non-filers in tax net.
The comments come on a day when opposition parties held nationwide protests against record high petrol and diesel prices. Karnataka gets Rs 18.88 on petrol, Rs 12.23 on diesel, Kerala Rs 19.09 on petrol and Rs 14.51 on diesel and Punjab gets Rs 21.81 per litre in taxes on petrol and Rs 10.07 a litre on diesel. Similarly, Diesel prices have been increased from Rs 72.83 to Rs 72.97 per litre in Delhi and from Rs 77.32 to Rs 77.47 in Mumbai. Meanwhile, in Mumbai, petrol and diesel have touched a new high of Rs 88.26 and Rs 77.47 per litre respectively.
"Fuel prices have disturbed the budget of every household".
AIMTC's Gupta adds, "If they wish they can make our lives easier, now the small farmers are failing to cope with the price revisions every day, we are heavily reliant on this fuel, the changing prices not being put under a uniform ambit are hurting us the most, there has to be a rollback urgently". Because the price is built up by excessive taxes on petrol and diesel. In Kolkata, petrol costs Rs 83.75 and diesel Rs 75.82.