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Excise Duty on Fuel: A look at major excise duty action on petrol & diesel in past few years

The Modi government increased excise duty on fuel and diesel by Rs 2 per litre each on Monday, April 8. The government also announced a price hike on LPG by Rs 50 per cylinder for both regular and ...
Crude Oil Prices

India Hikes Excise Duty on Fuels as Oil Prices Plummet

India has raised the excise duty on gasoline and diesel. Retail prices for consumers will not increase due to this hike. Oil marketing companies will absorb the increased duty, offsetting potential ...