CII recommends lowering excise duty on fuel in upcoming Budget
In its Budget suggestions for 2025-26, industry body CII has recommended lowering the excise duty on fuel to boost consumption, especially at the lower-income level.
In its Budget suggestions for 2025-26, industry body CII has recommended lowering the excise duty on fuel to boost consumption, especially at the lower-income level.
After the protest called by AAP for the arrest of Deputy CM Manish Sisodia by CBI, heavy police deployment was seen outside the headquarters of AAP.
The VAR reduction will be implemented from midnight hours of 5 November to provide further relief to consumers who were bearing the brunt of continuous price hikes on petroleum products.
Liquor shops were shut for almost 40 days due to the lockdown to curb the coronavirus outbreak.
Chidambaram's remarks come on the heels of the Central government raising the excise duty on petrol and diesel by a historically high margin to raise revenue that has been severely impacted by the Coronavirus induced lockdown.
Petrol, diesel, natural gas, crude oil and jet fuel (ATF) are currently not included in GST
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The government’s move to cut excise duty on petrol and diesel by Rs 2 per litre is like a drop…
Prices of petrol and diesel will be reduced by the amount of duty cut with effect from Wednesday.
