Bhubaneswar, March 27 (IANS) Odisha Chief Minister Mohan Charan Majhi on Friday thanked Prime Minister Narendra Modi for the reduction of Rs 10 per litre in central excise duty on both petrol and diesel, to ensure adequate availability of fuel and essential commodities.Describing it as a significant move, CM Majhi wrote on his X handle that India always acts with prudence and preparedness under the visionary leadership of Prime Minister Modi amid an evolving global landscape.“I express my sinc…
Latest Central Excise duty News & Updates
New Delhi, March 27 (IANS) After the government on Friday cut central excise duty on petrol and diesel by Rs 10 per litre each amid the ongoing West Asia crisis, Finance Minister Nirmala Sitharaman said the move would help shield consumers from global volatility.She said the reduction was aimed at protecting citizens from a potential rise in fuel prices.”In view of the West Asia crisis, the central excise duty on petrol and diesel for domestic consumption has been reduced by Rs 10 per litre each…
New Delhi, March 12 (IANS) The Government has approved a compensation of Rs 30,000 crore in FY 2025-26 to the public sector oil companies — Indian Oil, Bharat Petroleum, and Hindustan Petroleum — for supplying LPG at subsidised prices, the Parliament was informed on Thursday.The retail selling price of a 14.2 Kg domestic LPG cylinder is currently Rs 913 in Delhi. After a targeted subsidy of Rs 300 a cylinder to poor consumers under Pradhan Mantri Ujjwala Yojana (PMUY), the Centre is providing …