Government cuts excise duty on petrol and diesel by ₹10
pre-market1 source ↓written by the desknot a recommendation
- each
- ₹10 per litre
- to ensure local
- ₹21.5 per litre
The Central government has reduced central excise duty on petrol and diesel by ₹10 per litre each, aimed at protecting consumers amid the West Asia crisis. Union Finance Minister Nirmala Sitharaman emphasized that this move will help stabilize domestic prices. Additionally, duties on diesel exports are set at ₹21.5 per litre to ensure local availability.
Not investment advice. For informational purposes only.