New Delhi, May 20: 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. The move will have revenue implication of around Rs 1 trillion for the government, she said.
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“We are reducing the Central excise duty on Petrol by Rs 8 per litre and on Diesel by Rs 6 per litre. This will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre,” tweeted Sitharaman in a thread on the bevy of measures being taken to reduce the impact of price rise on common manl
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