The Maharashtra government announced a reduction in VAT on diesel and petrol for the Mumbai and Navi Mumbai regions. Deputy Chief Minister Ajit Pawar, while presenting the state Budget for 2024-25, detailed the changes. VAT Reductions:– Diesel: VAT reduced from 24% to 21%– Petrol: VAT reduced from 26% to 25% This change will lower diesel prices by ₹2 per litre[Read More…]
Rajasthan Government’s decision to reduce VAT rate by 2 per cent has effected a growth in CV sales in the state. Out of the Rs.700 crore revenue the state has earned from the transport sector in the first quarter of the current financial year, a large portion is claimed to have come from the sale of trucks. This has also[Read More…]
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