Business News›News›India›Govt shields consumers: Petrol ₹10 off, diesel duty zero; ATF excise ₹50, export taxes imposed
Govt shields consumers: Petrol ₹10 off, diesel duty zero; ATF excise ₹50, export taxes imposed
The government has slashed petrol excise by ₹10/litre and cut diesel duty to zero to shield consumers from global crude volatility. Aviation Turbine Fuel (ATF) excise revised to ₹50/litre, with exemptions lowering effective rates to ₹29.5/litre. Export duties on diesel and ATF aim to ensure adequate domestic fuel availability amid rising global prices.
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