Explorer

Govt reduces central excise duty on petrol by Rs 8/Litre | Namaste Bharat ( 22.5.2022)

The Central Government on Saturday announced deduction in excise duty on petrol and diesel by Rupees 8 per litre and Ruppes 6 per litre respectively. This will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre, said Union Finance Minister Nirmala Sitharaman. This year, we will give a subsidy of Rs 200 per gas cylinder (upto 12 cylinders) to over 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana further announced the finance minister. Reduction in custom duties on raw materials and intermediaries for plastic products which have high import dependence has also been announced by Sitharaman. "We are also reducing the customs duty on raw materials & intermediaries for plastic products where our import dependence is high. Import duty on some raw materials of steel will be reduced. Export duty on some steel products will be levied," she said. 

All Shows

Namaste Bharat

Advertisement

Top Headlines

Maharashtra Election Results: Eknath Shinde King Or Kingmaker? Shiv Sena Sources Say...
Maharashtra Results: Eknath Shinde King Or Kingmaker? Shiv Sena Sources Say...
Chhattisgarh: 10 Naxals Killed In Encounter With Security Forces In Sukma
Chhattisgarh: 10 Naxals Killed In Encounter With Security Forces In Sukma
High Alert In Sambhal Ahead Of Friday Prayers After Jama Masjid Survey
High Alert In Sambhal Ahead Of Friday Prayers After Jama Masjid Survey
Rs 21 Crore In 5 Years Not Enough To Maintain Haryana Ministers' Bungalows, More Funds Approved For 'Repairs'
Rs 21 Crore In 5 Years Not Enough To Maintain Haryana Ministers' Bungalows, More Funds Approved For 'Repairs'
Advertisement
Advertisement
ABP Premium
Advertisement

Videos

India Emerges as G20's Growth Leader, Check Out the Latest GDP Rankings | ABP NewsAirtel-Nokia Partnership: Nokia’s Spectacular Comeback, Shakes Up the Telecom Sector | ABP NewsAdani Group in Turmoil: Bribery Scandal Rocks Shares, Plunge by 20% | ABP NewsPLI Scheme: Transforming India's Manufacturing Sector into a Global Powerhouse
Embed widget