21
Friday
September 2018
12:25 AM IST
News Headlines
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Kerala News
State not to forgo additional tax revenue on petro products
 
(Thiruvananthapuram, Apr 4, 2018): The CPI(M)-led LDF government in Kerala today made it clear that it could not waive the additional sales tax revenue generated on account of increase in excise duty for petroleum products.

State Finance Minister T M Thomas Isaac informed the Assembly that though the left government wished to forgo the additional revenue in this regard, it could not do that now due to the financial constrains faced by the state.

However, the Kerala government would take a suitable decision in the future once the state's revenue goes up with increase in income from GST and E-way bill, he said.

Replying to a notice for adjournment motion over the issue by the Congress-led UDF opposition, Isaac also wanted the BJP government at the Centre to roll back the price hike of petroleum products.

"It is a fact that the frequent hike in prices of petrol and diesel is causing severe hardship to people across the board. "But, the state is unable to bear the burden (of waiving the additional revenue) in the wake of the present financial position of the state," the minister said.

Turning the table on the opposition, he reminded them that the entire process of de-regulation of the petroleum price was started during the tenure of the Congress-led UPA government.

Condemning the stand taken by the left government, the UDF opposition wanted it to take a "humanitarian" approach rather than speaking on technicalities on the issue.

Demanding a discussion over the matter, Congress's Thiruvanchur Radhakrishan urged the LDF government to forgo the additional tax revenue and follow the trails of previous UDF government.

"The previous Oommen Chandy-led government had waived the additional tax revenue four times and extended a total benefit of over Rs 600 crore to the people," he claimed.

Leader of Opposition Ramesh Chennithala accused the Centre of "not reducing" the oil price when the price of petroleum products comes down in the international market.

Instead of passing on the benefits of lower price in the international oil market, the BJP government was imposing more excise duty and causing hardship to common people, he alleged.

The Congress leader also alleged that both the BJP government at the Centre and the LDF dispensation in the state were equal in terms of "plundering" the people.

Before staging a walkout, Chennithala said it would have given a chance to the House to expose the "anti-people oil policy" of the BJP government if the matter was taken for discussion.(PTI)


Bar bribery case: Court dismisses the vigilance report
State Kalolsavam to be held in December
Actor Captain Raju passes away at 68
Hartal affected normal lives
Petrol, diesel prices hiked again today
Kerala likely to face power shortage: M.M. Mani
Petrol, diesel prices go up
Petrol, diesel prices go up
World Bank team to visit Kerala soon
Kerala floods: State calls off IFFK, Kalolsavam
Ready to face any investigation: P.K. Sasi MLA
Scare-mongering: Case filed against Jacob Vadakkanchery
Hanaan injured in a car accident
Seven including four Keralites killed in a bus accident
Government extends deadline to file Income Tax returns in Kerala
Metro Man Sreedharan Says Getting Foreign Aid for Kerala Not a Matter of Pride
Kerala flood very big tragedy, we are all with you, says Rahul Gandhi
Mass cleaning mission begins at Kuttanad
Pinarayi mass murder accused commits suicide at Women's prison
Kuthiran tunnel to be opened partially
ENTERTAINMENT NEWS
Viswasam- On set photos leaked
 A few photos from the set of Ajith's Viswasam is going viral on social media. The photos show Ajith  
Aiswarya- Abhishek's Gulab Jamun would go on floor in mid 2019
Varun and Anushka signed as ambassadors of Skill India Campaign
Madhuri, Alia, Varun and to share screen
INTERNATIONAL NEWS
Palestinian schools strive to modernize classrooms
 Ramallah, Sep 19 (AP) As the teacher pointed to the large touch screen, her first-grade classroom ca
Trump: Declassified Russia probe papers expose 'bad things'
100 die in severe flooding in Nigeria: relief agency
Pak govt, Opposition agree for parliamentary probe into vote rigging charges
NATIONAL NEWS
CAT 2018: Registration extended to Sept 26; Admit card to Release on Oct 24
 CAT is one of the most sought after exam in the country for candidates possessing a Bachelor’s degre
2 history-sheeters arrested following encounter: Police
Attack on Cong workers in Chhattisgarh is political persecution: Rahul Gandhi
Instant Triple Talaq to be criminal offence
Untitled Page
Rashtra Deepika LTD
Copyright @ 2018 , Rashtra Deepika Ltd.