Excise duty cut on petrol, diesel could lead to ₹7,000 crore revenue loss in 15 days: Top tax official

The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in the Middle East. The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in the Middle East.

Key takeaways

Quick scan — what you need to know:

• The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in the Middle East.
• The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in
• the Middle East. The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the
• ongoing conflict in the Middle East.

Background

What led here, in plain terms:

• y ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in the Middle East.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in the Middle East.
• The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the ongoing conflict in
• the Middle East. The move — to cut excise duty on petrol and diesel by ₹10 per litre — reduces losses of oil companies amid the