In his words, additional funds could be saved not by cutting the exemption but by amending the rules for awarding it.
"The ministry's position, and the government's position, is not to take the path of cutting the tax exemption, but we want to upgrade those all cards technologically as now we distribute the diesel norms based on some activity in 1998, 2008 and 2010. We will just review the diesel fuel norms," the minister told the national radio LRT on Friday.
He assured that the budget law would reach the parliament with the diesel fuel tax exemption for farmers. Palionis added that the issue had already been discussed with Prime Minister Saulius Skvernelis.
BNS Lithuania reported earlier that Nauseda proposed in early September to reduce the existing diesel fuel tax exemption for farmers. The tax exemption now costs 83 million euros for the country's budget and the president proposed halving it.
Farmer organizations say such a move would undermine their activity and would push food prices up.
Agriculture Minister to meet with 2 Japanese firms
VILNIUS, Sep 19, BNS - Agriculture Minister Andrius Palionis is meeting with representatives of two...
President welcomes agriculture minister's move to review relocation to Kaunas
Lithuanian President Gitanas Nauseda welcomed on Tuesday a decision by Andrius Palionis , the new...
Legalization of hemp products backed by government
The Lithuanian government has on Wednesday backed the amendments under consideration by the country's...
Karbauskis: bank tax estimated to bring in EUR 40 mln
A proposed tax on banking assets is estimated to bring in 40 million euros in extra annual budget...
Minister: part of Agriculture Ministry's functions may be moved to Kaunas
Lithuanian Agriculture Minister Andrius Palionis says that a part of his ministry's units will...
Europe’s oil refineries struggling to cope with diesel glut
The coronavirus is destroying the profitability of Europe’s oil refiners and the industry is...
PC numbers down in Lithuania, internet access up
80 percent of households in Lithuania had personal computers at home this year, down 1 percent from...
Lithuanian space industry coordinator sought
The European Space Agency ( ESA ), together with the Economy and Innovation Ministry, is looking...
Annual inflation rate at 20.9% in July
The euro area annual inflation rate was 8.9% in July 2022, up from 8.6% in June. A year earlier, the...
Ignitis Group refutes public statements made by MP about losses
AB Ignitis grupė refutes the statements of MP Algirdas Butkevičius that the subsidiary of the Group,...
Independent electricity supplier Perlas Energija ceases operations
A fortnight after announcing that its customers would be moved from fixed-price plans to...
Top news
PC numbers down in Lithuania, internet access up
80 percent of households in Lithuania had personal computers at home this year, down 1 percent from...
Lithuanian space industry coordinator sought
The European Space Agency ( ESA ), together with the Economy and Innovation Ministry, is looking...
Fewer people think situation in Lithuania is improving, poll finds
A mere eight percent of the population believe that the situation in Lithuania is improving, while...
Landsbergis: PM has not shown much ambition to become Conservative party’s leader
Leader of the Homeland Union-Lithuanian Christian Democrat party (TS-LKD) Gabrielius Landsbergis...
Independent electricity supplier Perlas Energija ceases operations
A fortnight after announcing that its customers would be moved from fixed-price plans to...
