The excise duty cuts on diesel and petrol will cost Rs 45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday.from Energy-Industry-Economic Times https://ift.tt/3nW43hP
Thursday, November 4, 2021
Centre's excise duty cut on petrol, diesel to cost exchequer Rs 45,000 crore, says Nomura
The excise duty cuts on diesel and petrol will cost Rs 45,000 crore and lead to a 0.3 percentage point widening on the Centre's fiscal deficit, a foreign brokerage said on Thursday.from Energy-Industry-Economic Times https://ift.tt/3nW43hP
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