Petrol to get cheaper by ₹9.5, diesel by ₹7 as govt cuts excise duty2 min read . Updated: 21 May 2022, 06:55 PM IST
Finance minister Nirmala Sitharaman said the excise cut will have revenue implication of around ₹ 1 lakh crore/year for the government
The central government has decided to cut the excise duty on petrol by ₹8 per litre and on diesel by ₹6 per litre, announced Union finance minister Nirmala Sitharaman on Saturday.
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