Centre reduces excise duty on petrol by Rs 8 and on diesel by Rs 6/litre

The move will have revenue implication of around Rs 1 trn for the govt, says FM Sitharaman; also, the govt will give Rs 200/cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year

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7 min read Last Updated : May 21 2022 | 9:02 PM IST

Finance Minister Nirmala Sitharaman on Saturday said Centre has decided to reduce excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre to

Topics : petrol Diesel prices

First Published: May 21 2022 | 6:50 PM IST

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Centre reduces excise duty on petrol by Rs 8 and on diesel by Rs 6/litre

The move will have revenue implication of around Rs 1 trn for the govt, says FM Sitharaman; also, the govt will give Rs 200/cylinder subsidy to Ujjwala Yojana beneficiaries for 12 cylinders in a year

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