Government hikes excise duty on diesel and petrol
The government has raised the factory gate tax by 1.50 rupees a litre
By : DC Correspondent
Update: 2014-11-13 15:12 GMT
Mumbai: India has raised excise duty on petrol and diesel to boost revenues and contain budget borrowing that could put off a likely cut in the retail prices of the two fuels.
The government has raised the factory gate tax by 1.50 rupees a litre each for the two fuels.