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The party is likely to make its stance on the issue clear considering the rising criticism against the price hike amongst the public.
Kerala, Telangana and Andhra top the list of Indian states imposing the highest tax rates on fuel.
The LDF government had imposed a social security cess on petrol and diesel in the Kerala Budget.
The cess at the rate of Rs 20 for each bottle of Indian-made Foreign Liquor (IMFL) priced between Rs 500 and Rs 999.
Not even in the pre-GST era had anyone thought of amassing as much additional money from the public. But KN Balagopal has.
Many industry players believe that the additional cess on fuel will only add to the producers' burden.
Though a hike in taxes and fees was expected in the Kerala Budget FY 23-24, a cess of Rs.2 on petrol and diesel was a shocker.
Leader of Opposition V D Satheesan said the government was looting the people with the proposed cess on petrol, diesel and liquor.
The budget projects a revenue receipt of Rs 1.35 lakh crore and a revenue expenditure of Rs 1.76 lakh crore. Revenue deficits of Rs 23,942 crore (2.1 per cent of GSDP). Fiscal deficit of Rs 39,662 crore (3.5 per cent of GSDP).