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 Industry & Economy - Taxation


`Essential commodities to be costlier'

Our Bureau

NEW DELHI: Delhi will witness a rise in price of essential commodities, including fruits and vegetables, following the increase in sales tax on diesel from 12 to 20 per cent. The cost of BPO industry will also go up by around 7 per cent, as diesel becomes dearer by Rs 1.50, as transportation costs are the third major revenue head for them, says the Confederation of Indian Industries (CII).

However, since the sales tax on CNG has not been increased, "bus, auto and taxi fares" should remain unaffected, it said.

However, the government has not commented on water and power crisis in the city and has failed to provide fiscal incentives to those engaged in rainwater harvesting, said CII.

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