Parsekar reduces VAT on petrol to 15%, to keep it @ Rs 60

GOANEWS DESK, PANAJI | 01 June 2016 19:50 IST

Following a major hike in petrol prices last night by the centre, Goa’s Bharatiya Janata Party government has reduced the petrol prices for the second time within a fortnight, to keep it at Rs 60 per litre.

The BJP government at the centre has hiked petrol prices by Rs 2. 25 midnight.

To keep its promise, Chief Minister Laxmikant Parsekar has reduced the VAT on petrol, now to 15%.

Parsekar had hiked VAT on petrol back to 22% in the budget.

But he had also assured to reduce VAT if petrol prices go up above Rs 60.

Accordingly, he had reduced the VAT by 2% on 17th May, when the first petrol hike came.


Now came the second major hike of Rs 2.25 on Tuesday midnight.

The government immediately reduced VAT to 15%, which is by Rs 2.260.

The petrol would now cost in Goa Rs 59.65.

The hike in diesel of Rs 2.26 however would be applicable without any change. is now on Telegram & also Youtube. Kindly subscribe for free & remain updated.

Drop a comment

Enter The Code Displayed hereRefresh Image

Previous Comments

Astrologically speaking , coming days around or between 14 June 2016 to 11 July 2016 could cause more focus on energy resources like oil, petrol , gas , chemicals , diesel and petro-products. Another price hike in short interval to hike of 2 June 2016 could be likely in international market impacting India as well. Further , planetary impacts suggest for a more need to take care of such energy materials as chemicals , gas , oil, petrol, diesel, during said period from seepage or wastage or any other problem. A proper use or storage care could be useful. These hints of care look to be in vulnerable or concerned areas in northern India while similar more , could be useful in vulnerable or concerned areas in Eastern India including Chhatisgarh, Assam and the like. It seems high quality and more efficient management of establishments in India of these energy resources from seepage , leak or pilferage could save valuable energy for country. At the same time , more attention should be paid to alternative resources like solar or wind energy to reduce chunk dependence on international conditions.

- kushal kumar, Panchkula | 02 nd June 2016 12:15


Latest News