Monday, September 17, 2012

'Centre undermining federalism in asking states to cut fuel taxes' | ummid.com

'Centre undermining federalism in asking states to cut fuel taxes' | ummid.com
The ministry said the state governments do not bear the subsidy burden and the record Rs.5 hike in diesel price per litre will yield states an additional revenue of Rs.8,200 crore per annum. Therefore, it argued, the states can forgo this additional revenue to provide relief to the common man by lowering state taxes.