No increase in VAT on fuels since 2016: Delhi government
New Delhi, June 9 : The Delhi government informed the state Assembly on Saturday that it has not increased the VAT on petrol and diesel since January 2016 dismissing allegations made by the opposition.
"After January 19, 2016, there has been no increase in the VAT on petrol and diesel. However, on May 7, 2016, the government had reduced the VAT on diesel from 18 per cent to 16.75 per cent," Deputy Chief Minister Manish Sisodia informed the Assembly in a written reply during the ongoing session.
The Leader of Opposition Vijender Gupta had been accusing the Aam Aadmi Party (AAP) government for increasing the value-added tax on fuel during their tenure.
Gupta also raised the same issue in a question during the session that the VAT on petrol was up by 12 per cent and that on diesel was up by 10.5 per cent.
The government informed the House that in the last three years, the VAT on these fuels was only increased twice -- in July 2015 and in January 2016 -- to bring uniformity in the tax rates with the neighbouring states.
In 2015, the VAT rate on petrol was increased from 20 per cent to 25 per cent and on diesel from 12.5 per cent to 16.6 per cent.
In 2016, the VAT on petrol and diesel was increased by 2 per cent and 1.4 per cent respectively to move towards uniformity in tax rates and develop a common market to boost trade in the north Indian region, Sisodia added.
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Power tariffs under BESCOM to rise from May 1
Bengaluru (PTI): Power bills for consumers under the Bangalore Electricity Supply Company Limited (BESCOM) will go up from May 1, following an order issued by the Karnataka Electricity Regulatory Commission (KERC) on Friday.
The hike comes after KERC allowed the BESCOM to recover a revenue deficit of Rs 2,068 crore incurred in 2024-25, from the consumers.
As a result, for every unit of electricity consumed in 2024-25, the customers will be charged an additional 56 paise, it said.
"BESCOM shall calculate, for each of the active consumers of FY2024-25 the amount to be recovered based on their actual energy consumption during FY2024-25. Such amount shall be recovered during FY 2026-27 in equal monthly instalments, to be called as 'FY25 True up Charges', commencing from the first meter reading date falling on or after 1 May 2026 and concluding with the reading date ending on 30 April 2027," the order said.
"It is further ordered that BESCOM shall maintain a separate head of account, allocated for the purpose, to record the adjustment of the said amount to ensure full recovery of the deficit," it added.
Similarly Chamundeshwari Electricity Supply Corporation Limited (CESC) has also recorded a revenue deficit of Rs 121.71 crore and can collect an additional 15 paisa per unit for consumption in 2024-25, official sources said.
