Bhubaneswar: In a move that could possibly help in taming spiraling prices, the Union Government on Tuesday announced a reduction in the basic excise duty levied on petrol and diesel. As per the decision, the basic excise duty rate on petrol and diesel (both branded and unbranded) will be reduced by Rs 2 per litre. […]
Bhopal: Crude oil prices in the international market have come substantially down, but surprisingly the prices of petroleum products in India are on the rise, pinching the common man’s pocket. But then where is the huge money, being earned through several hikes in indirect taxes, going? Well, according to the government’s response to an RTI […]
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