Excise Duty: Change in excise duty on petrol and diesel, government increased it by Rs 2 per liter
Excise Duty: Excise duty on petrol and diesel is going to increase from April 8. This duty can affect the pocket of the common man. Oil companies can increase the prices anytime. Excise Duty: Excise duty on petrol and diesel has been increased. The central government has issued a gazette notification announcing the increase in excise duty on petrol and diesel. This excise duty will directly affect the pocket of the common man. It has increased by two rupees per liter. Now it remains to be seen whether the country's oil companies increase the rate of petrol and diesel or people will get petrol and diesel at the same price as the current rate? Decision to increase earnings In the international market, the price of crude oil has come down by 15 percent in the last few days. According to a data, the price of 1 barrel of crude oil in the international market has reached $63.34. This is the lowest level in itself. In this way, the profit of companies supplying pet...