News WrapGet Handpicked Stories from our editors directly to your mailbox

Petrol excise duty cut

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.

Oct 05, 2018, 10:45 AM IST

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

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

Oct 04, 2018, 16:31 PM IST

Centre cuts excise duty on fuel by Rs 1.50 per litre, Oil companies to absorb Re 1 per litre

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

Oct 04, 2018, 15:30 PM IST

Budget 2018: Government cuts excise duty on petrol, diesel by Rs 2

Taking a big decision in the Union Budget 2018, the Narendra Modi government on Thursday decided to cut excise duty on petrol and diesel by Rs 2. With this move, prices of petrol and diesel are expected to come down.

Feb 01, 2018, 14:50 PM IST