Govt to gain Rs 1.6 lakh crore this fiscal from record excise duty hike on petrol, diesel

Late on Tuesday evening, the government hiked excise duty on petrol by Rs 10 per litre and that on diesel by Rs 13 a litre to mop up gains arising from international oil prices falling to a two-decade low.

from Moneycontrol Economy News https://ift.tt/3c8iiJt