Excise tax on gasoline and diesel has increased by 2 rupees/liter, what will be affected by you?

Last updated: April 07, 2025, 15:54 The central government increased the excise tax on gasoline and diesel. The import tax on gasoline and diesel was increased by Rs 2 per liter. However, this will not affect the bags of ordinary people at the moment. (Image-File Photo) highlights the central government increased excise tax on gasoline and diesel. Excise tax is set to oil imported from abroad. However, this will not affect the price of retail petrol and diesel. New -delhi. The central government increased the excise tax on gasoline and diesel Rs 2 per liter. A notice was issued by the revenue section of the Ministry of Finance and this information was given. New changes will be implemented from April 8, 2025. However, it will not affect the ordinary people. The Ministry of Petroleum and Natural Gas tweeted that oil marketing companies were instructed not to increase the rate of retail petrol and diesel. Earlier last year, India also abolished the evident tax. Windfall tax is levied on the export of gasoline and diesel produced in India. This tax is charged at many profits earned by oil marketing companies. A daily wage was also 70 rupees wages, now Sangeeta earns 60 lakhs every year, how is farming a big business, excise duty? Petrol and diesel are prepared in India by refining and if sent from the refinery, it is an excise duty. This tax goes directly to the central government, not to the state government. Excise tax is in a fixed amount, such as £ 19.90 per liter on gasoline, not in percentage. A large part of the price of gasoline and diesel comes from this duty, which is an important source of income of the country. What happens to this? Excise tax gives the government a large income, which is used to manage infrastructure, subsidy and many government schemes. However, it affects the ordinary people because it increases the prices of gasoline and diesel and increases the inflation burden. If the government reduces the excise tax, fuel is cheaper and people get relief. (The news will be updated when more information comes) Location: New Delhi, Delhi First published: 07 April 2025, 15:35 IST Homebusiness Increased Excise Tax on Petrol Diesel by 2 Rupees/Liter, What will happen to you?