A Day soon after Union Finance Minister Nirmala Sitharaman introduced reduction of excise duty on petrol and diesel, and asked the states to stick to go well with, Tamil Nadu finance minister Palanivel Thiaga Rajan on Sunday stated it is “neither good nor reasonable” for the union governing administration to anticipate states to cut down their taxes.
On Saturday, the Centre lowered the excise duty on petrol by Rs 8 per litre, and on diesel by Rs 6 for each litre.
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In a direct reply to Sitharaman’s tweet “exhorting all condition governments to apply a identical cut”, Rajan stated that “the union govt did not notify, allow by itself talk to for any state’s view” when they increased union taxes on gasoline, citing a total improve of Rs 23 for every litre for petrol and Rs 29 per litre for diesel considering that 2014. “Now, just after rolling back ~50% of their improves, they are exhorting states to cut. Is this federalism?” Rajan tweeted.
On Sunday, a assertion issued by Rajan’s workplace mentioned “It is heartening to observe that the Union Federal government has ultimately heeded to the repeated requests of the Tamil Nadu government to reduce the taxes on petrol and diesel…”
Even right before the Union Authorities had first lessened its taxes on petrol and diesel in November 2021, the DMK governing administration had slash the VAT on Petrol, in August 2021, the assertion extra.