https://www.taxtmi.com/news?id=71850 Excise duty on petrol has been reduced to Rs 3 a litre from Rs 13 a litre, while excise duty on diesel has been reduced to nil from Rs 10 a litre, with immediate effect. The duty cuts are intended to ease pressure on oil marketing companies facing elevated global crude prices and frozen retail fuel prices amid geopolitical disruption in oil markets. en-us Fri, 27 Mar 2026 09:31:04 +0530 Fri, 27 Mar 2026 09:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71850 Excise duty on petrol has been reduced to Rs 3 a litre from Rs 13 a litre, while excise duty on diesel has been reduced to nil from Rs 10 a litre, with immediate effect. The duty cuts are intended to ease pressure on oil marketing companies facing elevated global crude prices and frozen retail fuel prices amid geopolitical disruption in oil markets. News - Fri, 27 Mar 2026 09:31:04 +0530 https://www.taxtmi.com/news?id=71850