https://www.taxtmi.com/news?id=71882 Excise duty on petrol and diesel was reduced to cushion consumers against rising crude prices, with oil companies said to absorb the burden without passing it on. Public warnings were issued against panic buying, hoarding, and rumour-mongering, including false claims of a nationwide lockdown, on the ground that such conduct could create an artificial shortage and disrupt supply. en-us Fri, 27 Mar 2026 17:16:04 +0530 Fri, 27 Mar 2026 17:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71882 Excise duty on petrol and diesel was reduced to cushion consumers against rising crude prices, with oil companies said to absorb the burden without passing it on. Public warnings were issued against panic buying, hoarding, and rumour-mongering, including false claims of a nationwide lockdown, on the ground that such conduct could create an artificial shortage and disrupt supply. News - Fri, 27 Mar 2026 17:16:04 +0530 https://www.taxtmi.com/news?id=71882