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The excise duty cut in petrol and diesel prices by the Indian government will bring down prices of petrol and diesel, and simultaneously lead to some cool off in the inflation.
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The excise duty cut in petrol and diesel prices by the Indian government will bring down prices of petrol and diesel, and simultaneously lead to some cool off in the inflation.
 
                  
A spokesperson of the State Taxes and Excise Department informed the revenue collection in Financial Year 2021-22 was Rs. 8403.70 crore despite Covid-19.
 
                  
For the first time, Puducherry Excise Department has fetched more than Rs.1,000 crore Revenue in a financial year.
 
                  
A sigh of relief for the people of Tamil Nadu from inflated fuel prices assured Finance Minister P Thiaga Rajan. He has announced an excise duty cut on Petrol by ascertaining that the price of petrol will go down by Rs 3 once the duty cut is executed.
 
                  
