Tuesday, December 12, 2017 |
Here are the 7 great escapes in prison historyJharkhand hosts open kissing contest for couples competing for longest kissFrom ad shoot, dating, heartbreak to marriage: Virat Kohli-Anushka Sharma love storySee photos and videos: Love takes over as Virat Kohli, Anushka Sharma marry in ItalyAnu Emmanuel for Ram Charan, NTR?Virat and Anushka get married, photos and videos from the weddingHyderabad: Another city resident falls victim to OLX online fraudBhavani island’s laser show to draw crowdsAndhra Pradesh: Jaggery prices dip ahead of festivalsAndhra Pradesh: Coast Guard gives safety tips to people

Yanamala Ramakrishnudu hints at reducing tax on fuel

Posted October 13th, 2017, 11:01 AM IST

Yanamala Ramakrishnudu hints at reducing tax on fuel

Vijayawada: Minister for finance Yanamala Ramakrishnudu hinted that the state government was considering lowering the tax on petrol and diesel as the crude oil prices have dropped across the world. He said there was no impact of GST in the state but that the growth rate in the real estate sector was not encouraging.

Addressing the state-level review meeting of commercial taxes department here on Thursday, the minister said the state achieved a growth rate of 11 per cent in 2016-17. Chief commissioner of commercial taxes K. Syamala Rao, special chief secretary (revenue) D. Sambasiva Rao and others were present. Mr Yanamala Ramakrishnudu said the commercial taxes department earned 44 per cent of a target of Rs 40,000 crore. He said officials should try to increase the collection of tax without harassing traders. Later, the minister presented citations to 90 officials who played key role in implementation and awareness programmes of GST.