Punjab lowers VAT, petrol to be cheaper by Rs 10 from today

Punjab CM Charanjit Singh Channi

Days after the Centre reduced excise duty on fuel, the Congress-led government in Punjab on Sunday lowered the VAT on petrol and diesel, making them cheaper by Rs 10 per litre and Rs 5 per litre, respectively, in the state.

"We are reducing petrol rate by Rs 10 per litre and diesel rate by Rs 5 per litre from midnight," Chief Minister Charanjit Singh Channi announced after a cabinet meeting. Currently, the petrol and diesel rates in Punjab are Rs 106.20 and Rs 89.83 per litre, respectively.

The Shiromani Akali Dal, the BJP and the AAP had been demanding the state government to reduce tax on fuel to provide relief to consumers.

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