In parliament on Tuesday, Union finance minister Nirmala Sitharaman announced the revenue earned from Vat on Petrol and diesel in FY21, In that, She said the central government earned more than ₹3.71 lakh crore in fiscal 2020-21 alone from taxes on petrol and diesel during the fiscal year 2020-21.
The total tax revenue from Petrol and diesel would reach a total of ₹8.02 crore lakh crore if the amount earned in the last three fiscals from taxes is calculated.