Jammu: As people face severe economic crisis in the wake of prolonged lockdown necessitated by the spread of Covid-19, the government today increased the rate of tax on petrol in diesel in Jammu and Kashmir troubling more the troubled lot.
In the backdrop of lockdown, almost all the economic activities in J&K, like rest of the country, have nosedived. From daily earners to entrepreneurs and from agriculturists to orhardists, ever section of the society is face to face with dire economic depression.
However, to add insult to injury, the UT government today announced hike in the rate of tax on petrol and diesel, pushing the masses to the wall.
As per an official communiqué issued here today, the government increased the rate of tax on sale of petrol and diesel in J&K by Rs. 2 per litre and Rs 1 per litre respectively.
The new rates will be effective from Ist June 2020. The tax increase on petrol and diesel in J&K follows a similar move by the neighbouring states of Punjab, Haryana and Delhi last month. Himachal Pradesh has also enhanced rates on the sale of diesel and petrol effective from 1st June 2020.
