💨 Abstract

The Indian government has increased the excise duty on petrol and diesel by Rs 2 per liter, effective April 7, 2025. The current rates are Rs 19.90 for petrol and Rs 15.80 for diesel, which will rise to Rs 21.90 and Rs 17.80 respectively. The oil companies are expected to absorb the increased duty rather than passing it on to consumers.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖