Reduce excise by Rs 10, demands Kejriwal

Image
IANS New Delhi
Last Updated : Oct 04 2018 | 7:35 PM IST

Calling the excise duty cut on fuel 'cheating', Delhi Chief Minister Arvind Kejriwal on Thursday demanded that the Modi government reduce duty by Rs 10 per litre.

"Modi government had hiked excise duty by Rs 10 and reduced it by only Rs 2.50 today. This is cheating. The Centre should reduce excise by Rs 10," he said in a tweet in Hindi.

In a relief to consumers hit hard by the unrelenting rise in fuel prices, the government on Thursday cut petrol and diesel prices by Rs 2.50 per litre. The cut will be effected through slashing excise duty of Rs 1.50 per litre while the oil marketing companies (OMCs) will absorb the impact to the tune of Re 1.

--IANS

nks/and/mag/sed

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 04 2018 | 7:30 PM IST

Next Story