Writes to Pranab on the revenue being lost in not doing so, wants steep levy
The government is planning to compensate the subsidy on diesel by taxing cars fuelled by it. Petroleum Minister S Jaipal Reddy has recommended a steep Rs 2,55,000 additional tax on large and medium diesel cars and Rs 1,70,000 on small diesel cars. In a letter to Finance Minister Pranab Mukherjee, he has said the government was earning Rs 12.72 less in excise duty on diesel compared to petrol, which attracts Rs 14.78 a litre in excise duty. Besides, Rs 12.53 is the under-recovery on sale of a litre of diesel.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/reddy-bats-additional-tax-diesel-cars
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cars
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrol
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/auto-industry
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/vehicles
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/budget
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
