Excise duty cut

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.

May 22, 2022, 11:12 AM IST

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.

May 22, 2022, 08:52 AM IST

Results of bypolls have produced a by-product: Chidambaram's dig at excise duty cut on petrol, diesel

The government on Wednesday (November 3) cut excise duty on petrol and diesel by a record Rs 5 and Rs 10 per litre to help bring down rates down from their highest-ever levels.

Nov 04, 2021, 17:56 PM IST

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

Commerce Minister Piyush Goyal, BJP President JP Nadda hailed Prime Minister Narendra Modi for the decision to reduce excise duty on petrol and diesel and said that the move will benefit common people, further boost consumption and spur our economy. 

Nov 03, 2021, 23:08 PM IST

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.

Oct 10, 2018, 21:24 PM IST

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: 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.

Feb 01, 2018, 16:38 PM IST

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.

Oct 04, 2017, 14:12 PM IST