Revenue-starved Punjab govt slashes subsidised power tariff, increases VAT on fuels | India News – Times of India

NEW DELHI: In a move to trim the debt burden and shore up state coffers, the Punjab government on Thursday decided to increase the value-added tax (VAT) on petrol and diesel.The CM Bhagwant Mann-led government has also slashed the subsidised power tariff for domestic consumers by Rs 3 that the previous Congress regime had rolled…

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