excise duty reduction

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    Strategies to Stabilize Fuel Supply: India Increases LPG Distribution and PNG Connections

    India Boosts LPG Supply and PNG Rollout Amid West Asia Energy Shock India has significantly ramped up the supply of smaller 5-kg LPG cylinders while accelerating the rollout of piped natural gas (PNG) connections. These proactive measures are being implemented as the nation manages critical fuel...
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    Excise Duty Reduced, Exports Taxed: India's Strategy for Fuel Costs

    New Delhi, March 27 – The government has cut excise duty on petrol and diesel by ₹10 per litre, shielding consumers from a price hike amid soaring global oil rates.Excise on petrol has been reduced from ₹13 to ₹3 per litre, and on diesel from ₹10 to nil, leading to an estimated annual revenue...
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    Fuel Cuts and Renewed Export Taxes: A Look at India’s Response to Oil Price Hikes

    Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre to Cushion Consumers Amid Crude Oil SurgeNew Delhi, March 27: The government has slashed excise duty on petrol and diesel by ₹10 per litre each to shield consumers from soaring global crude oil prices triggered by escalating tensions...
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