05
Sep
The Mizoram government has raised petrol and diesel prices by Rs 4 per litre each, effective September 1. This increase is aimed at funding social infrastructure and road maintenance projects. Taxation Minister Dr. Vanlalthlana announced that the price hike includes a new Rs 2 per litre levy for social infrastructure and services cess, and an additional Rs 2 per litre for road maintenance. Despite the VAT hike and new cess, current fuel prices are still lower than those in 2021. Dr. Vanlalthlana expressed confidence that the increase would encourage citizens to support infrastructure development. The new VAT rates are 10%…
