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TAX WOES: Fuel cess is an option the ministry is considering to off-set rising crude prices.

TAX WOES: Fuel cess is an option the ministry is considering to off-set rising crude prices.

Petroleum Ministry proposes fuel cess on income tax

The Petroleum Ministry's proposal to hike fuel prices by between Rs 5 and 10 a litre found few takers. Now, it is now proposing a fuel cess on income tax. This will add to the 3 per cent education surcharge tax payers already shell out. In India, petrol prices were hiked by Rs 2 a litre in February, but have otherwise remained largely steady.

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