Pranab favours 25 per cent cut in states taxes on petrol - NewsX

  • 5 years ago
Finance Minister Pranab Mukherjee today made out a strong case for a 25 per reduction of taxes levied by states on petrol to bring down its price. Speaking at the day-long meeting of the Congress Working Committee (CWC), he justified the high price of petrol because of the overall international price of crude. He said the states needed to also do their bit on reduction of petrol price. Corruption and price rise were the most important issues during the discussion at the CWC.