Petrol, diesel prices cut before diwali, govt reduces excise duty

India Today 2021-11-04

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On the eve of Diwali, the Government of India announced a reduction in the excise duty levied on petrol and diesel.

The excise duty has been reduced by Rs 5 on petrol and Rs 10 on diesel, effective from Thursday.

Fuel prices were sharply hiked on October 20 by state-run oil marketing companies.

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