Central govt should cut its tax on fuel, says Tamil Nadu govt
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.
Mr Panneerselvam, pointing to accusations by the main opposition Dravida Munnetra Kazhagam (DMK) over the interim budget (2021-22), said a flawed view of holding the state government responsible for the petrol and diesel price rise, was being propagated.
"There is no iota of truth in such a view," he said, replying to the general discussion on budget.
Referring to aspects like global economic cyclical changes vis-a-vis the coronavirus pandemic, he said the state government last year modified the system of taxation on petrol and diesel anticipating abnormal changes in prices of petroleum products.