Latest Excise Duties News & Updates

New Delhi, March 27 (IANS) The Centre on Friday slashed excise duties on petrol and diesel by Rs 10 per litre, bringing central taxes on petrol down to Rs 3 per litre and making diesel duty-free. The move, aimed at providing relief to consumers amid rising global fuel prices, was praised by Union Minister Giriraj Singh, who also took a swipe at opposition leaders.“This is a government that respects the Constitution. PM Narendra Modi is dedicated to the people of the country, that is the essenc…

New Delhi, March 27 (IANS) As the Centre slashed excise duties on petrol and diesel by Rs 10 per litre each, bringing them down to Rs 3 per litre for petrol and zero for diesel, in a move aimed at cushioning the impact of surging global oil prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said the Modi government had two choices — either increase prices drastically for citizens as all other nations have done, or bear the brunt on its finances so that an Indians …