Tag: Excise Duty Slashed

Prices of petrol and diesel dropped sharply by Rs 9.5 and Rs 7 respectively in Odisha

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. […]