Government cuts excise duty on petrol and diesel by ₹10
after close1 source ↓written by the desknot a recommendation
- each for domestic
- ₹10 per litre
- are set
- ₹21.5 per litre
- for Aviation Turbine
- ₹29.5 per litre
The Central government has reduced the central excise duty on petrol and diesel by ₹10 per litre each for domestic consumption. This decision aims to shield consumers from rising prices amid the West Asia crisis.
Additionally, duties on diesel exports are set at ₹21.5 per litre and ₹29.5 per litre for Aviation Turbine Fuel, ensuring domestic availability. This move may stabilize fuel prices and impact related sectors positively.
Not investment advice. For informational purposes only.