The government on Monday announced that it has increased excise duty on petrol and diesel by Rs 2 each, with effect from Tuesday, but there will be no increase in the retail prices of the two fuels as...

The price increase applies to both Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries as well as other consumers

New Delhi, Apr 7 : The domestic cooking gas LPG price on Monday was hiked by a steep Rs 50 per cylinder across India and CNG by Re 1 per kg, while the government raised taxes on petrol and diesel to shore up its revenues. The increase in cooking gas price will be for the […]

The Union government increased the excise duty by Rs 2 on petrol and diesel. The move comes amid US President Donald Trump's new tariffs

The move comes at a time when global crude oil prices are actually on a downward trend, driven by fears of a global trade war sparked by the US administration’s reciprocal tariffs.

The increase in duties will "come into force on the 8th day of April, 2025," it said

  NEW DELHI, Apr 7: The Government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each but there will be no change in retail prices as the increase will be adjusted against the price cut that was warranted because of falling international oil prices. The excise duty on petrol […]

Bhubaneswar: The Central Government has raised the excise duty by Rs. 2 each on petrol and diesel said the Department of Revenue via an official

The move comes as the economy deals with the aftermath of US President Donald Trump's staggering tariffs. Global developments have also resulted in major fluctuations in oil prices.

The government on April 7 hiked excise duty on petrol and diesel by ₹2 per litre each. According to an official order, the retail prices will remain unchanged

Get latest articles and stories on Business at LatestLY. Although it has not been announced yet, the excise duty hike is expected to be absorbed by the oil companies rather than being passed on to consumers. Business News | Government Increases Excise Duty on Petrol, Diesel by Rs 2 Per Litre.

The government-owned oil marketing companies will absorb the increase in excise duty on petrol and diesel, announced by the Finance Ministry, as their input costs have come down due to the decline in...

Delhi: Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri clarified that there shall be no rise in petrol or diesel prices following the

The BJP-led government hiked excise duties on petrol and diesel by ₹2 per liter and increased domestic LPG cylinder prices by ₹50, sparking criticism from the Congress and opposition leaders.

The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order. 📰 Fuel Price Hike: Government Hikes Excise Duty on Petrol, Diesel by INR 2 per Litre; No Change in Retail Prices.

In a move that may impact fuel prices, the Central Government has hiked the excise duty on petrol and diesel by INR 2 per litre, effective April 8. 📰 Fuel Price Hike: Centre Hikes Excise Duty on Petrol and Diesel by INR 2 per Litre; New Rates Effective From April 8.