excise duty on petrol

The Centre has raked in nearly Rs.16 lakh crore through excise duty on petroleum products between FY15 and FY21 In India, crude oil prices have risen to a near three-year high. Subsequently, the retail prices of petrol and diesel, which…

Image Source : PTI The collections from the hike in excise duty far exceed the amount due to be…

To provide a relief to common man, Tamil Nadu government has decided to reduce the petrol price in the state. Tamil Nadu finance minister P Thiaga Rajan recently on Friday announced to cut cess on petrol. Once implemented, the petrol price…