
Absorbing the Shock Due to WAR: What India’s Latest Fuel Tax Cut Really Signals
Late Friday, the Centre reduced the special additional excise duty on petrol from ₹13 to ₹3 per litre, and on diesel from ₹10 to zero.
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Late Friday, the Centre reduced the special additional excise duty on petrol from ₹13 to ₹3 per litre, and on diesel from ₹10 to zero.

Fuel prices across major Indian cities have shown no change from the previous day, despite the Union government cutting excise duty on petrol by ₹3 per litre and fully exempting diesel from the duty.