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Petrol and Diesel Under GST? Hints at Big Changes for Petrol and Diesel

In this video India may soon bring petrol and diesel under GST, a move that could revolutionize the nation’s fuel pricing. Union Minister hinted at discussions to include fuel under GST to enhance price transparency and reduce tax discrepancies across states. Currently, petrol and diesel are heavily taxed with excise duties and state VAT, making them expensive. If included in GST, fuel taxes could drop significantly, easing the burden on consumers. However, the proposal faces resistance from states due to potential revenue loss. This change could also align India’s energy policies with global standards. #petrolgst #dieselgst #fuelpricing #gstcouncil #taxreform #petrolprice #dieselprice #indiaeconomy #energysecurity #gstreforms 🌍 Welcome to Current Affairs Adda247! 🌟 Your ultimate destination for breaking news, daily current affairs, and in-depth insights into the world’s most significant events. 📅 #news #latest #india #internationalrelations #geopolitics #currentaffairs #upscpreparation #upsc #upsccse #civilservices #civilserviceexam #adda247currentaffairs 📢 On this channel, we bring you: ✅ Daily Current Affairs Updates ✅ Breaking News from around the globe ✅ Geopolitical Analysis and Global Insights ✅ The latest on India and International Headlines Whether you’re a student, professional, or just someone who loves staying updated, we’ve got you covered with expert analysis, comprehensive discussions, and content tailored to keep you informed and ahead. 📰 💡 Stay prepared for exams, interviews, or simply to expand your knowledge with our daily news highlights and deep dives into global affairs! 🔥 Don’t forget to subscribe and hit the notification bell 🔔 to stay updated with every episode! Let’s explore the world of current affairs and global news together! 🌟