Historic Excise Duty Cut Provides Relief Amid Global Oil Surge
Chhattisgarh Chief Minister Vishnu Deo Sai praised the central government's decision to cut excise duties on petrol and diesel, calling it 'historic' and 'pro-people.' The move aims to provide relief amid global oil price surges, benefiting 140 crore citizens by shielding them from additional financial burdens.
- Country:
- India
Chhattisgarh Chief Minister Vishnu Deo Sai applauded the central government's decision on Friday to reduce excise duties on petrol and diesel. He described it as a 'historic' and 'pro-people' action that would alleviate financial burdens for 140 crore citizens nationwide.
Amid growing global tensions, the Centre has shown a people-centric approach by slashing special additional excise duty on petrol from Rs 13 to Rs 3 per litre and nullifying that on diesel. This comes as a response to skyrocketing global oil prices due to Middle East conflicts.
Beyond protecting consumers from the financial impact, the government reinstated taxes on the export of diesel and aviation turbine fuel. Chief Minister Sai commended Prime Minister Narendra Modi for his sensitivity and foresight, reaffirming the administration's dedication to public welfare.
ALSO READ
-
Government Cuts Excise Duties to Avert Petrol and Diesel Price Hike
-
Tax cuts on petrol, diesel aimed to reduce under recoveries of OMCs and ensure prices do not rise for common man: CBIC chief.
-
Export tax on diesel and ATF to yield Rs 1,500 crore in a fortnight: CBIC chairman.
-
Maharashtra's Relief: Excise Duty Cut Shields Consumers
-
Fuel Frenzy: Arrests Made Over Petrol Pump Dispute in Mohanganj