Government cuts excise duty on petrol and diesel by ₹10
pre-market1 source ↓written by the desknot a recommendation
- each
- ₹10 per litre
- are set
- ₹21.5
- ₹29.5 per litre
The Central government has reduced the excise duty on petrol and diesel by ₹10 per litre each, aimed at shielding consumers from rising prices amid the West Asia crisis. Additionally, export duties on diesel and aviation turbine fuel are set at ₹21.5 and ₹29.5 per litre, respectively, to ensure domestic availability. This move may stabilize fuel prices and impact related sectors.
Not investment advice. For informational purposes only.