Great Relief Before Diwali: Centre Reduces Excise Duty on Petrol, Diesel. Check Revised Prices
New Delhi: In a major relief for countrymen ahead of Diwali, Government of India announces excise duty reduction on petrol and diesel. Excise duty on Petrol and Diesel to be reduced by Rs 5 and Rs 10 respectively from tomorrow, reports news agency ANI.
The reduction in excise duty on diesel will be double that of petrol and will come as a boost to the farmers during the upcoming Rabi season, government sources were quoted saying. Furthermore, states have been urged to reduce VAT on petrol and diesel to give relief to consumers.