Excise duty reduction by Indian government

in hive-196725 •  3 years ago 

In India, petrol prices fall sharply as a result of a reduction in taxes by the Indian government,

The Central Government announced on November 03 that taxation on petrol and diesel will be lowered down by Rs 5 and Rs 10 respectively.

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National petrol prices were lowered on November 04 after the center reduced taxes to reduce its retail prices the night before Diwali.

In Delhi, petrol and diesel prices fell by Rs 6.07 and Rs 11.75 costing Rs 103.97 and Rs 86.67 respectively.

Petrol and diesel prices were reduced by Rs 5.87 and Rs 12.48 respectively Mumbai price by Rs 109.98 and Rs 94.14 per liter.

The price of petrol in Kolkata has dropped to less than Rs 110 per liter and is currently selling at Rs 104.67 a liter;

and the diesel level stands at Rs 89.79 a liter. In Chennai, petrol and diesel cost Rs 101.40 and Rs 91.43 a liter respectively.

Thank you for reading ...

Regards,
@Winy

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This is a good news. I mean we had price hike few days back and now this news sounds good. I hope more people move to electric vehicle and so we can no longer be affected. :)

#affable #india

Happy new year @skysnap,

Today is the new year for all Gujarati people,

I do also tell everyone that electric vehicle is the best option as soon we adapt it it will be beneficial for all human beings and as well as for our planet earth .

Thank you for sharing : )

Yes in prayagraj it also be 101 rupess but I fill the petrol in my bike of rupees 105 rupees it was extra premium oil 😊