Budget

of the Union: Agriculture RS 2.5 Infracts on Gasoline, RS 4 in Diesel

Budget of the Union 2021: There will be no pressure on consumers as other duties and were reviewed before the new agricultural infrastructure that calculated finance minister was calculated, Sitharaman said

 

A component has been added to develop the agricultural infrastructure at the cost of gasoline and diesel in the Union budget submitted by the Finance Minister, Nirmala Sitharaman today. An agricultural infrastructure and a development of RS 2.5 per liter in gasoline and RS 4 per liter in diesel have been added. They have been added in the budget that was carried out after months of agitation in the economy due to the COVID-19




Pandemic, which led to profit losses and employment cuts in all sectors.

There will be no pressure on consumers as other duties and CESS was reviewed before the new CESS agricultural infrastructure was calculated, Ms. Sitharaman said.



Consequent to the imposition of agricultural infrastructure and development CESS (AIDC) on gasoline and diesel, basic special taxes and additional special tax rates have been reduced for the general consumer to have no additional charge, "he said Ms. Sitharaman.

 

 

 

Consequently, free gasoline and diesel will attract the basic special taxes of RE 1.4 and RE 1.8 per liter, respectively. The special additional special tax on gasoline and without joking should be RS 11 and RS 8 per liter, respectively. Similar changes have also been made for the brand of gasoline and diesel, "said Finance Minister.

 

 

 

 

The markets reacted positively to the announcements of the Budget of the Union of today, with Sensex increased more than 2,000 points and excess nifuses of 14,200.

The key advertisements were duplicating the expenditure of medical care and lifting tapas of the foreigners who invest in the vast insurance market of India to help relive an economy that suffered its deepest recorded depression due to the pandemic.