Hike in fuel excise duty aimed to meet budget deficit: Pradhan
The government had yesterday raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.
Dec 03, 2014, 12:56 PM IST
Excise duty on petrol, diesel raised; no impact on prices
Government on Tuesday raised excise duty on petrol and diesel by Rs 2.25 and Rs 1 a litre respectively, but consumers will be spared of price hike.
Dec 02, 2014, 15:33 PM IST
Excise tax on petrol hiked by Rs 2.25, disel by Rs 1 per litre
Government hiked excise duty on petrol by Rs 2.25 a litre, and on diesel by Rs 1 a litre effective tonight.
Dec 02, 2014, 14:03 PM IST
Excise on petrol, diesel hiked; no increase in retail rates
The duty hike, which was notified late last evening, will boost government revenue by about Rs 13,000 crore on an annual basis and help contain budget deficit.
Nov 13, 2014, 17:38 PM IST
Excise duty on petrol, diesel hiked by Rs 1.50/ltr; fuel price cut unlikely
Speculations of fuel price cut in the wake of falling international crude oil prices might have to be put on rest as the government on Thursday cut excise duty on petrol and diesel hiked by Rs 1.50 per litre.
Nov 13, 2014, 14:23 PM IST
