Monday 28 September 2020

News Analysed, Opinions Expressed

Economy | Budget

More VAT in Goa budget may hike Petrol price


Goa Chief Minister Laxmikant Parsekar on Tuesday hinted at increasing Value Added Tax (VAT) on petrol in the upcoming budget session of the State Legislative Assembly.

"...I cannot say anything about it before the budget is tabled. But I feel people of Goa will readily accept additional VAT on petrol prices," Parsekar told PTI in an interview on the occasion of completion of BJP government's four years in office this Wednesday. CLICK TO READ MORE is now on Telegram & also Youtube. Kindly subscribe for free & remain updated.

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In the first place it was a great mistake on the part of BJP to promise removal of VAT on scarcevn imported commodity like fuel. Second mistake was to keep the promise. Third mistake was the Govt after granting removal of VAT by Rs11/- it failed to ensure passage of relief to ultimate and actual beneficiary viz the consummer. The people using mobike taxis, taxis, buses, tempos, trucks for transportation were not benefitted. Now if VAT is increased incrementally the actual users will be punished. That will be the next blunder of BJP govt.

Madhav Bastodker , Ponda