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Himachal makes Rs. 1,256 crore in the last 11 months from VAT on petroleum products

Shimla: Taxes on petroleum products is a major source of government earning. In the last 11 months, the Himachal Pradesh government has earned Rs. 1,256.88 crore.

The state chief minister, in a written reply to a Congress legislature Rohit Thakur’s query in assembly, informed the house that the state has earned Rs. 1,256.88 crore till 1st February 2022, while in 2020-21 it earned Rs. 1,098.01 crore and Rs. 948.61 crore in 2019-20 financial year.

Presently the state government has levied 17.5 per cent VAT or Rs. 13.50 on petrol and Rs. 6 per cent or Rs. 4.40 on diesel.  

Meanwhile, chief minister Jai Ram Thakur denied any changes in the VAT on petroleum products.  

Rahul Bhandari

Boasting a rich and dynamic career of over 17 years in journalism, I proudly serve as the Founder, Promoter, and Editor of TheNewsHimachal. Beyond the mere statistics of my extensive coverage, my commitment lies in crafting insightful narratives that traverse the intricate landscapes of politics, socio-economics, education, and grassroots issues. TheNewsHimachal, under my editorial guidance, stands as a beacon of impactful journalism, contributing to informed discussions and catalyzing positive change. My journey encapsulates not just a number but a legacy of shaping meaningful stories that resonate deeply within and beyond the borders of Himachal Pradesh.