Govt cuts excise duty on petrol, diesel by ₹10, ₹13:Fuel prices will not increase for now

Amid the crude oil crisis, the central government has reduced excise duty on petrol and diesel, providing relief to oil companies and the general public. According to Reuters’ report, the excise duty on petrol was Rs 13 per liter, which has now been reduced by Rs 10 to Rs 3 per liter. Meanwhile, the duty on diesel, which was Rs 10 per liter, has now been completely eliminated to zero. This government move is expected to improve the margins of oil companies. The government has taken this step to prevent the increase in petrol and diesel prices. Modi will discuss Iran war with Chief Ministers today Prime Minister Narendra Modi will speak to Chief Ministers through video conferencing on March 27. Discussion on the deteriorating situation after the Iran war is possible. CMs of election-bound states will not participate. Modi said in Rajya Sabha on March 24 that if the Iran war continues, it will have serious consequences. The coming time will be like the test of Covid period. The Center and states will have to work together. Meanwhile, the government today dismissed reports of shortage of petrol, diesel and gas in the country. The Ministry of Petroleum and Natural Gas said that whatever happens in the world, India has 60 days of petrol and diesel. News is being updated continuously…