Virbhadra asks states to reduce sales tax on petrol

May 24th, 2012 - 8:57 pm ICT by IANS  

Shimla, May 24 (IANS) A day after the steep hike in petrol prices, union Micro, Small and Medium Enterprises Minister Virbhadra Singh Thursday asked the state governments to reduce the sales tax on the fuel.

“Instead of campaigning against the central government for any hike in petroleum prices, the states should go for forgoing sales tax on petrol,” he said.

The minister was here to campaign for his party’s candidates in the Shimla Municipal Corporation elections scheduled for May 27.

The union minister and five-time chief minister of Himachal Pradesh justified the hike by saying the hike had become inevitable with the continued slide of the rupee’s exchange rate.

India Wednesday hiked petrol prices by an unprecedented over Rs.7 a litre, triggering protests from the opposition and even government allies.

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