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Excise duty on petrol

22 May 2022

Central Govt cuts excise duty on petrol by Rs 8 per litre, on diesel by Rs 6 per litre

After the long-standing demand, the central government has given great relief to the people. Center has reduced the excise duty on petrol and diesel. The Center has reduced tax by Rs 8 on petrol and Rs 6 on diesel. After this, petrol has become cheaper by Rs 9.50 and diesel by Rs 7.But after this cut, politics has started. The opposition has targeted the government.

Excise duty on petrol

22 May 2022

Namaste India: Government cuts excise duty on petrol, diesel

After the long-standing demand, the central government has given great relief to the people. Center has reduced the excise duty on petrol and diesel. The Center has reduced tax by Rs 8 on petrol and Rs 6 on diesel. After this, petrol has become cheaper by Rs 9.50 and diesel by Rs 7.

Excise duty cut

04 Nov 2021

Results of bypolls have led to by-product:Chidambaram's dig at excise duty cut

Union minister Dharmendra Pradhan hit back at the Congress veteran BJP leaders have hailed the Centre's decision But some Opposition leaders, including Priyanka Gandhi, indicated ulterior motives

Excise duty cut

03 Nov 2021

Diwali Cheer: BJP leaders thank PM Modi after excise duty cut on petrol,diesel

The relief to consumers came on the eve of Diwali. The Finance Ministry said that excise duty on petrol will come down by Rs 5 and that on diesel by Rs 10 It urged the states "to commensurately reduce" VAT on petrol and diesel to give relief to consumers

Excise duty cut

10 Oct 2018

Government cuts excise duty on aviation turbine fuel to 11%

This comes as a relief to the aviation industry that has been hit hard by high fuel prices.

05 Oct 2018

List of states where fuel prices has become cheaper by Rs 5

Maharashtra has decided to reduce only the price of petrol by Rs 2.50 per litre.

04 Oct 2018

After Centre's appeal, key states slash petrol, diesel prices by Rs 5/litre

Mumbai has the highest VAT of 39.12 percent on petrol, while Telangana levies the highest VAT of 26 percent on diesel.

04 Oct 2018

Centre cuts excise duty on fuel by Rs 1.50 per litre, OMCs to absorb Re 1/L

The reduction excise duty will come immediately into effect once it has been officially notified by the OMCs.

Excise duty cut

01 Feb 2018

Budget 2018: Excise duty cut to have no impact on petrol, diesel prices, says Govt

Finance Secretary Hasmukh Adhia on Thursday said that excise duty cut of Rs 2 will practically have no impact on petrol and diesel prices.

Excise duty cut

04 Oct 2017

Excise duty cut on petrol, diesel adds to fiscal concerns: Nomura

The government announced a reduction in the central excise duty on petrol and diesel by Rs 2 per litre effective October 4, 2017 amid rising international prices.

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