Excise Duty Cut

Fuel excise duty reduction mere eyewash: Maharashtra Congress chief slams Centre 

The Centre on Saturday announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 reduction on diesel.

published on : 22nd May 2022

Excise duty cut on Fuel price: Trinamool says BJP trying to fool masses

TMC national spokesperson Sukhendu Sekhar Ray said the Centre has raised the prices of petrol and diesel at least 14 times in the past few months and by leaps and bounds in the past one year.

published on : 21st May 2022

'Fuel prices reduction a formality': Gehlot hits out at Modi government

He also demanded that the central government should lower the petrol and diesel prices to the level during the UPA rule if the government wants to give relief to people in the true sense.

published on : 21st May 2022

Reduction of excise duty on petrol, diesel not enough, says Thackeray; Fadnavis hits back

In a statement, Thackeray criticised the Central government for minimal reduction of excise duty on petrol and diesel.

published on : 21st May 2022

Cut on fuel excise duty: Stop befooling people, says Congress; Nadda seeks VAT cut by opposition-ruled states

Congress chief spokesperson Randeep Surjewala said the government had increased the excise duty on petrol by Rs 10 in 60 days and is now 'duping' people by reducing it by Rs 9.50.

published on : 21st May 2022

Kerala announces cut in state tax on petrol by Rs 2.41, diesel by Rs 1.36

Announcing the cut on state tax, Kerala Finance Minister K N Balagopal said the Union government has partially reduced the huge tax imposed by it. He, however, welcomed the Centre's decision.

published on : 21st May 2022

'It is always people first for us': PM Modi on excise duty cut on fuel prices

The government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers from high fuel prices.

published on : 21st May 2022

Government cuts excise duty on petrol by Rs 8, diesel by Rs 6 to fight surging inflation

"This will reduce the price of petrol by ₹ 9.5 per litre and of diesel by ₹ 7 per litre," Finance Minister Nirmala Sitharaman tweeted.  

published on : 21st May 2022

Excise duty cuts on petrol and diesel fuel politics

The Congress scrambled to formulate a suitable response since fuel rates in Rajasthan are the highest in India now.

published on : 7th November 2021

Meghalaya government cuts VAT on fuel by Rs 5.20 per litre following excise duty cut

As a result, the state will incur a revenue loss of about Rs 100 crore for the next five months from November to March 31, 2022, the deputy chief minister said.

published on : 5th November 2021

Centre's excise duty cut on petrol, diesel to cost Rs 45,000 crore to exchequer: Report 

The tax cuts should lower headline CPI inflation by 0.14 percentage points due to direct effects and up to 0.3 percentage points, if indirect effects are included.

published on : 4th November 2021