Five Per Cent VAT On Liquor, Petrol And Diesel In Madhya Pradesh
Government Official Said The Five Per Cent Value Added Tax Will Be A Temporary Measure. The Increase In Prices Will Come Into Effect From Midnight, He Said.
In view of extensive damage caused by heavy rains in Madhya Pradesh, the state government on Friday decided to impose five per cent VAT on liquor, petrol and diesel to generate additional revenue, said an official.
The state suffered an estimated loss of Rs 12,000 crore due to excessive rains this monsoon, a senior official said here.
The five per cent Value Added Tax will be a temporary measure, he added. The increase in prices will come into effect from midnight, he said.
Some parts of states, including Bhopal received record monsoon rains causing devastating floods. Flash floods made huge damage of crops and trade utilities in the state. The capital city faced horrific flood which badly affected normal life.
Meanwhile, government agencies have been working to restore normalcy in the flood-ravaged areas. Water-level reduced in rivers which is a great relief for the state.
For all the Latest Cities News, Bhopal News News, Download News Nation Android and iOS Mobile Apps.
More from Cities
Vehicle pollution in Delhi reducing due to the schemes of Kejriwal government
Kejriwal Government to issue Driving Licences and Registration Certificates with QR codes
Minister of State for Social Justice & Empowerment Launches Teen’s Communication Portal for the Speech and Hearing Impaired
Aam Aadmi Party will run a grand campaign in Delhi to make MCD corruption free: Gopal Rai
Private member bill presented on behalf of AAP for cancellation of electricity agreement