Punjab could reduce tax on petrol to 30%

#hashtags: #Punjab #Chandigarh #Delhi #Jammu #Kashmir #Himachal Pradesh #Punjab Excise #Taxation

Punjab currently charges a whopping 36.44% tax on petrol in the state. This adversely affects sales in the border areas of the state. The tax on petrol in neighboring areas is considerably lower. Haryana, Chandigarh, Delhi, Jammu & Kashmir, Himachal Pradesh charge 26.25%, 24.74%, 24% and 27% respectively. Thus to avoid filling fuel in Punjab, vehicles tank up before entering the Punjab border.

An official from the Punjab Excise and Taxation department said that the state government is...