Entrepreneur and TV personality Tehseen Poonawalla on Tuesday termed the Centre’s reported rethink on E25 as the “first victory” for citizens protesting against the implementation of the ethanol-blending programme. However, Poonawalla asserted that the battle was far from over, arguing that the government has not rolled back the nationwide E20 policy and continues to dodge…
File picture of a petrol bunk in Bengaluru Bengaluru: Pressure is mounting on the state govt to reduce VAT on petrol and diesel as fuel prices continue to rise, but the Siddaramaiah administration is unlikely to provide immediate relief citing mounting financial pressures and dependence on fuel taxes for revenue.Karnataka levies 29.84% sales tax on…
NEW DELHI: The increase in pump prices by around Rs 5 a litre is only a dent to under-recovery given that oil companies are still losing Rs 13 a litre on petrol and Rs 38 on diesel, without factoring in taxes, resulting in heightened pressure on the states to lower VAT, which is as high…
