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Sunday, July 18, 2010

Diesel to get cheaper in Delhi

ANI

Delhi Chief Minister Sheila Dikshit announced on Friday tha the Value Added Tax on diesel will be reduced from the existing 20 percent to the previous 12.5 percent, effective from July 20.

Talking to reporters in national capital New Delhi, Dikshit said the government has been losing revenue instead.

"Tax on diesel will be reduced from current 20 percent to the previous 12.5 percent, and also the VAT (Value-Added Tax) which have been put on dry fruits, that will also come down to five percent.

with thanks : source : Sify : link in headline above for detailed news.

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