Tue, 27 Mar 2012 10:57:11 GMT

Petrol may get cheaper by Rs 11 a litre in Goa?

Panaji: The Goa government has decided to reduce petrol prices by Rs 11 a litre. Current price of petrol in Goa is Rs 65 per litre.


Petrol may get cheaper by Rs 11 a litre in Goa?

A cut in Value Added Tax (VAT) on petrol is among a series of populist measures in the budget presented by Goa chief minister Manohar Parrikar on Monday.

Parrikar, who also holds Finance portfolio, said VAT on petrol would be almost abolished. There would a VAT at 0.1 per cent just to keep a sale record.This, Parrikar said, would cut petrol prices by almost Rs 11 per litre. Current price of petrol in Goa is Rs 65 per litre.

The budget also proposes to stabilise domestic gas cylinder prices and setting a target of 15 per cent GDP growth for the next fiscal. The BJP-led government, which came to power after the recently held elections, termed budget as "for parivartan".

Taking a dig at previous Congress-led government, Parrikar said, "Now onwards, Goa will be governed only by Goans and not remote-controlled by people sitting in Delhi."

Source: PTI

Image Source:PTI

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