10.77°C Vancouver

Sep 5, 2024 1:04 PM - Connect Newsroom

Punjab's Bhagwant Mann government shock to common people, increased tax on petrol-diesel

Share On
punjabs-bhagwant-mann-government-shock-to-common-people-increased-tax-on-petrol-diesel
Finance Minister Harpal Cheema said that the VAT on petrol has been increased by 61 paise per liter and on diesel by 92 paise per liter. (Photo: Facebook/Bhagwant Mann)

The Aam Aadmi Party government of Punjab, giving a big shock to the common people, has increased the VAT on petrol and diesel, as well as withdrawn the relief of Rs. .Although 300 units of free electricity will continue, the general public who exceed this limit may now have to pay a heavy electricity bill.

After the cabinet meeting held on Thursday, Finance Minister Harpal Cheema said that the VAT on petrol has been increased by 61 paise per liter and on diesel by 92 paise per liter, saving the government 150 crores from petrol and 150 crores from diesel. There will be additional earnings of Rs 392 crore.

On the question of increasing the burden of inflation on the common people, Cheema said that the money that will come from it will be spent on the development of Punjab.

Latest news

powerful-storm-brings-heavy-rain-to-b-c-yellow-alerts-issued-for-metro-vancouver
BCNov 06, 2026

Powerful Storm Brings Heavy Rain to B.C., Yellow Alerts Issued for Metro Vancouver

Environment Canada has issued yellow-level weather alerts for several parts of Metro Vancouver as a powerful storm brings heavy rainfall and strong winds to British Columbia’s coastal region. According to the weather agency, up to 80 millimetres of rain could fall in elevated areas of the North Shore and near the southern Howe Sound. Areas in northeastern Metro Vancouver, including Coquitlam, could receive around 50 millimetres of rainfall by the evening. The agency says the rain is expected to gradually ease overnight. However, several more storm systems could move into the region early nex
lorne-doerkson-pleased-with-carney-governments-budget-hopes-b-c-will-receive-major-funding
CanadaNov 06, 2026

Lorne Doerkson Pleased with Carney Government’s Budget, Hopes B.C. Will Receive Major Funding

B.C. Premier-designate Lorne Doerkson has voiced support for the federal budget presented by Prime Minister Mark Carney’s Liberal government, calling it encouraging for Canada’s economic future. The budget includes $6.5 billion in funding to support the forestry industry, which has been hit hard by U.S. tariffs. Doerkson expressed hope that British Columbia would receive a significant share of the funding, noting that the forestry sector is a major pillar of the province’s economy. Former B.C. Forests Minister Ravi Parmar also welcomed the funding, describing it as a good start. He said
canadas-unemployment-rate-rises-to-6-7-highest-level-in-six-months
CanadaNov 06, 2026

Canada’s Unemployment Rate Rises to 6.7%, Highest Level in Six Months

Canada’s unemployment rate climbed to 6.7 per cent in October, reaching its highest level in six months, according to the latest data released by Statistics Canada on Friday. Economists had expected the economy to add 13,600 jobs overall. However, instead of gaining jobs, Canada recorded a net loss of 4,700 positions last month. The decline was primarily driven by the private sector, which shed 53,000 jobs, marking its first major drop since February. Meanwhile, public-sector employment increased by 50,000 positions, while the construction industry added 16,000 jobs, helping offset some of t
AlbertaNov 06, 2026

Alberta Referendum Cost Nearly $84 Million, Elections Alberta Seeks Additional $59 Million

Elections Alberta has estimated the total cost of last month's referendum at nearly $84 million. The agency has requested more than $59 million in additional funding from the provincial government to cover expenses already incurred and upcoming work. Of the requested amount, approximately $49 million is intended to cover costs related to the October referendum, which have already been incurred. The vote set new records for advance voting, special ballots and voter turnout. Chief Electoral Officer Gordon McClure told a committee that manually counting 10 ballot papers for each voter placed sign
canada-raises-deposit-insurance-limit-from-100-000-to-250-000
CanadaNov 06, 2026

Canada Raises Deposit Insurance Limit from $100,000 to $250,000

The federal government led by Prime Minister Mark Carney has announced an increase in the deposit insurance limit, raising the amount of money protected in Canadians’ bank accounts from $100,000 to $250,000. Under a new proposal introduced as part of Budget 2026, the Canada Deposit Insurance Corporation (CDIC) coverage limit will increase by $150,000. This marks the first increase in the deposit insurance limit in nearly 20 years. CDIC insurance guarantees that eligible deposits held at member financial institutions are protected up to a specified limit in the event of a bank failure. The co

Related News