New Delhi: The Union government on Tuesday increased the excise duty on petrol by Rs 10 and diesel by 13 per litre to shore up revenues and make up for the loss suffered due to the Covid-19 lockdown.
This will come into effect from May 6, an official notification said.
Finance Ministry officials, however, said the hike in excise duty will not impact the retail price of petrol and diesel.
The revenue generated from these duties will used for infrastructure and other developmental items of expenditure, the officials added.
Bargarh: A new artist will be selected to play the mythological character King Kansa during…
Mumbai: Suhana Khan will be making her Bollywood debut with ‘King’ along with her superstar…
New Delhi: After Diljit Dosanjh called out the double standards of Telangana government for banning…
New Delhi: Recent actions and counter-actions in the Russia-Ukraine conflict have pushed the world to the…
Balangir: Three persons were arrested and fake IPS officers’ uniforms along with fake identity cards…
Mumbai: Abhishek Bachchan’s highly-anticipated film ‘I Want To Talk’ released in theatres on Friday, and the…
New Delhi: Accused of giving cash to secure votes ahead of election day in Maharashtra,…
Bhubaneswar: Chief Minister Mohan Charan Majhi attended the ‘Odisha State Day Celebrations’ at the 43rd…