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Govt cuts windfall tax on petrol, diesel, jet fuel, crude oil - Nagpur Today : Nagpur News - Vimarsana News

Govt cuts windfall tax on petrol, diesel, jet fuel, crude oil - Nagpur Today : Nagpur News

Nagpur Today : Nagpur News Latest News Govt cuts windfall tax on petrol, diesel, jet fuel, crude oil

Entire burden of duty cuts on petrol, diesel to be borne by the Centre: FM - Vimarsana News

Entire burden of duty cuts on petrol, diesel to be borne by the Centre: FM

Uniindia: New Delhi, May 22 (UNI) Finance Minister Nirmala Sitharaman on Sunday said that the excise duty reduction of Rs 8 per litre on petrol and Rs 6 per litre on diesel has entirely been made in Road and Infrastructure Cess and hence the entire burden of the duty cut would be borne by the central government.

Fortune India: Business News, Strategy, Finance and Corporate Insight - Vimarsana News

Fortune India: Business News, Strategy, Finance and Corporate Insight

Basic excise duty which is shared with states has not been touched, says FM.

Petrol, diesel get cheaper after Centre's Excise Duty cut - Vimarsana News

Petrol, diesel get cheaper after Centre's Excise Duty cut

Amidst rising energy prices and inflation, the government on Saturday cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre to give relief to consumers battering under high fuel prices.

Source: bgr.in
Entire cost of reduction in excise duty on petrol and diesel is borne by Centre, says Sitharaman - Vimarsana News

Entire cost of reduction in excise duty on petrol and diesel is borne by Centre, says Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday clarified that the entire cost of the reduction in excise duty on petrol and diesel is borne by the Central government and the state's revenue won't be impacted by the move.