Chandigarh, Jun 6 (UNI) In a major relief to consumers, the Haryana government today decided to slash Value Added Tax (VAT) on diesel from the existing 12 per cent to 8.8 per cent and abolished VAT on LPG cooking gas.
This decision was taken in a meeting of the state Cabinet which met here under the chairmanship of Chief Minister Bhupinder Singh Hooda.
The decision will benefit truck operators and owners of diesel operated vehicles who have begun to feel the pinch of the Rs 3 per litre hike in the prices of diesel. It also implies that the State Government may not have to hike bus fares.
The Cabinet's decision to do away with the 4 per cent VAT on LPG cooking gas would give some relief to the housewives as the Rs 50 per cylinder hike is bound to disturb their domestic budget.
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