Govt Slashes Excise Duty on Petrol and Diesel
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Govt Slashes Excise Duty on Petrol and Diesel

March 27, 2026
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The Indian government reduced excise duties on petrol and diesel, bringing petrol’s levy down to ₹3 per litre from ₹13 and diesel’s to zero from ₹10. This provides crucial relief to oil marketing companies amid high global crude prices from the US-Iran conflict. Financial Boost for OMCs Oil firms like

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