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Tag Archives: excise duty

Consumers saved Rs 60k cr on their fuel bill

Savings to consumers on account of lower prices come despite higher consumption of both fuels Six excise duty increases on petrol and diesel since November 2014 may have added Rs 25,700 crore to the government kitty, but consumers are no less rich. Largely automobile owners, consumers together gained a little over Rs 60,000 crore from lower petrol and diesel prices ... Read More »