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New tax on domestic LPG in Maharashtra rolled back
Friday March 30, 2012 10:11:30 AM,
IANS
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Mumbai: Buckling
under pressure from all political parties and the public,
Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar
Thursday effected a marginal rollback of a new tax he had levied
in the state budget four days ago.
"The proposed five percent VAT on domestic LPG has been reduced
and it would now be only three percent," Pawar informed the state
legislature.
The five percent VAT on domestic LPG would have hiked the cost of
a LPG cylinder by around Rs.20, earning the state exchequer
additional revenue of upto Rs.2.50 billion per annum, though
putting a substantial burden on citizens' pockets.
Last Tuesday, a day after the state budget 2012-13 was presented
by Pawar, state Congress chief Manikrao Thakre led a delegation to
Chief Minister Prithviraj Chavan, demanding withdrawal of the tax.
Incidentally, legislators from Pawar's Nationalist Congress Party
also joined the chorus for the rollback as it would hit the common
man while the opposition parties had threatened to launch
statewide agitations protesting the hike.
Shiv Sena executive president Uddhav Thackeray warned of a protest
march while Bharatiya Janata Party's Vinod Tawade, leader of
opposition in the Legislative Council has already launched
state-wide sit-ins and demonstrations demanding the withdrawal of
the tax.
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