Centre cuts special additional excise duty on petrol, diesel by ₹10; retail prices unchanged

Centre cuts special additional excise duty on petrol, diesel by ₹10; retail prices unchanged

Centre cuts fuel SAED by ₹10 to support OMCs, contain inflation, and ensure supply, even as crude prices surge amid global geopolitical tensions.

To provide relief to Oil Marketing Companies from under-recoveries arising from the rise in global oil prices due to the West Asia war, the Finance Ministry has reduced the Special Additional Excise … [+3379 chars]

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Centre cuts special additional excise duty on petrol, diesel by ₹10; retail prices unchanged - FHMnews