Will Petrol Prices Fall? What Government’s Ethanol Fuel Excise Duty Waiver Means For Indians
Last Updated:June 11, 2026, 10:22 IST Petrol prices continue to remain above the Rs 100-per-litre mark in most major cities. The excise-duty exemption is being given to fuel producers and oil companies. In a significant push towards cleaner and domestically produced fuels, the Centre has removed excise duty on petrol blended with higher levels of…