(MENAFN- IANS) Chandigarh, Feb 3 (IANS) The Punjab Cabinet on Friday gave its approval for a marginal increase in the VAT rates levied on the sale of petrol and diesel in the state.
The increase in the VAT rate will lead to an increase in the price of petrol and diesel by approximately 90 paise per litre, an official statement said.
This will bring more parity in prices of petrol and diesel in comparison with neighboring states, it added.
--IANS
vg/vd
MENAFN03022023000231011071ID1105521115
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.