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Government Hikes Excise Duty on Petrol and Diesel

Price-diesel price slashed

New Delhi: The government has hiked excise duty on petrol by Rs 1.60 per litre and the same on diesel by 40 paisa a litre to mop up additional revenue to meet budgetary targets. The basic excise duty on unbranded or normal petrol was increased from Rs 5.46 per litre to Rs 7.06 a litre,…

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