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Excise Duty on petrol, diesel slashed by Rs 10; Centre assures no fuel shortage

Updated On: 27 March, 2026 11:09 AM IST | New Delhi | mid-day online correspondent

In a post on X, Union Finance Minister Nirmala Sitharaman wrote, "It will provide protection to consumers from rise in prices. PM Modi has always ensured that citizens are protected from vagaries of supply and costs of essential goods"

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Finance Minister Sitharaman said in view of the West Asia crisis, central excise duty on petrol and diesel for domestic consumption has been reduced. File Pic/PTI

Finance Minister Sitharaman said in view of the West Asia crisis, central excise duty on petrol and diesel for domestic consumption has been reduced. File Pic/PTI

Centre on Friday announced that it has reduced excise duty on petrol and diesel by Rs 10 per litre each, bringing the duty down to Rs 3 per litre for petrol and zero for diesel.

The move is aimed at cushioning the impact of rising global oil prices amid ongoing geopolitical tensions due to the West Asia war.

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