The Maharashtra government on Friday announced to cut tax on diesel from 24 per cent to 21 per cent in the Mumbai region, which will reduce its price by Rs 2 per litre. Tax on petrol will be cut from 26 per cent to 25 per cent, which will effectively decrease the petrol prices by 65 paise in the Mumbai region, including Mumbai, Navi Mumbai and Thane.
Presenting the Maharastra budget, Deputy CM Ajit Pawar says, “Tax on diesel is being decreased from 24% to 21 % for Mumbai region, effectively 2 rupees per litre less prices of diesel. In Mumbai region, tax on Petrol being decreased from 26% to 25% which will effectively decrease rates of petrol by 65 Paise per litre.”
On June 28, the petrol price in Mumbai stood above the Rs 100 mark at Rs 104.21 per litre, while diesel was priced at Rs 92.15 per litre.
Maharashtra Budget
In the Budget, Pawar, who holds the finance portfolio, also announced a financial assistance scheme entailing a monthly allowance of Rs 1,500 to eligible women in the age group of 21 to 60 years in the state Budget for 2024-25.
In his budget speech in the assembly, Pawar said the scheme, ‘Mukhyamantri Majhi Ladki Bahin Yojana’, will be implemented from July, four months ahead of the state polls which are due in October.
An annual budgetary allocation of Rs 46,000 crore will be made for the scheme, he said.
Announcing another welfare scheme, the finance minister said an eligible family of five will get three cooking gas cylinders free every year under the ‘Mukhyamantri Annapurna Yojana’.
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