Govt increases excise duty on petrol, diesel by Rs 2 per litre

The government has increased excise duty on petrol and diesel by Rs 2 per litre amid fluctuating global oil prices. The rise in excise duty may not impact Indian consumers due to recent cuts in fuel prices. Major oil marketing companies' shares fell, and global crude benchmarks hit their lowest levels since April 2021.

from Industry-Economic Times https://ift.tt/Wk2vPsM
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