The earnings of the Uttar Pradesh government have received a major setback. This blow to the government's earnings has been due to the corona lockdown. The Yogi government is now preparing to take some important decisions to improve the derailed economy. In this sequence, a cabinet meeting has been called on Wednesday. In this meeting, along with increasing VAT on petrol and diesel, a decision can be taken to increase the prices of alcohol. Apart from this, many announcements can be made to give relief to the people.
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The Yogi government of Uttar Pradesh, like Delhi, can impose a special corona fee on liquor here too. There is also a plan to raise taxes on petrol and diesel soon to raise financial resources. In fact, due to the lockdown, in April, the government got revenue only 1.2 percent of the much lower target than expected. It is being told that in view of the huge reduction in revenue, the state government is preparing to impose additional corona duty on liquor along with opening of liquor shops. There is also a plan to increase tax on petrol and diesel. Oil can be expensive from three to five rupees a liter.
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In relation to increasing the tax on alcohol and petrol and diesel in the state, Finance Minister Suresh Kumar Khanna says that the target of income is 166021 crores from tax revenue in the financial year, but only in the first month, 2012.66 Crores of rupees have come. In view of the huge shortfall in revenue, the government is making every effort to raise additional resources. Despite the financial crisis, everyone has been given a salary pension from time to time. 12500 crore per month is required only for giving salary pension.
