In last 4 years, Kerala govt collected Rs 34,000 crores in fuel taxes

1 min read
Read later

Representational Image | Reuters

Kochi: As fuel prices continue to burden the commoners, both the state and union governments have earned record revenue by imposing taxes worth crores in recent years.

For instance, Kerala Government has collected Rs 34,000 crores in taxes in the past four years. The figure was revealed in an RTI reply received by Popular Channel President MK Haridas.

In a controversial move, the state government also decided to levy an additional 2 per cent fuel cess from April onwards. However, the government didn't reveal the revenue earned since April.

In 2021, Finance Minister Nirmala Sitharaman revealed that Union Government earned nearly Rs 8.02 lakh crore from taxes on petrol and diesel during the previous three fiscal years, with Rs 3.71 lakh crore revenue received in FY21 alone.

Add Comment
Related Topics

Get daily updates from

Disclaimer: Kindly avoid objectionable, derogatory, unlawful and lewd comments, while responding to reports. Such comments are punishable under cyber laws. Please keep away from personal attacks. The opinions expressed here are the personal opinions of readers and not that of Mathrubhumi.

construction worker

1 min

Cement prices in Kerala to increase by Rs 50 per sack from October

Oct 1, 2023


2 min

Kerala’s GST revenue up 12 per cent year on year

Oct 1, 2023

Kerala Bank

1 min

Kerala Bank secures first rank for financial services in World Cooperative Monitor Report

Dec 3, 2022