Video | Diesel Petrol Rate | Excise Duty On Petrol Cut To Rs 3, Diesel To Zero: Will Fuel Prices Reduce?
The government on Friday slashed excise duties for petrol and diesel by Rs 10 per litre each, bringing the centre-imposed taxes down to Rs 3 per litre of petrol and making it zero for diesel. However, industry sources say the reduction is unlikely to translate into lower prices at fuel stations for most consumers as…