Petrol-diesel price: The central government has taken a big decision on the first day of the business week. The government has increased the excise duty on the cost of petrol and diesel. Excise duty has been increased by Rs 2 per liter, due to the possibility of rising gasoline and diesel prices.
The question arises in everyone’s mind whether there will be a bumper increase in the price of petrol and diesel again in India. For a long time, stability has been seen in gasoline and diesel prices in the metros. How much will it affect the customers of gas and diesel? You can learn all of this in the article below.
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Will it affect the customer’s pocket?
After increasing the excise duty on petrol and diesel, there is no possibility of the pocket of ordinary people being affected. It can be speculated that Indian Oil Marketing Companies bear this increased cost.
Anyway, amid the decrease in the price of crude oil in the global market, the government announced that it would increase the excise duty on petrol and diesel by two rupees per liter. The government has shared this information through the official website. Now the excise duty on petrol has become Rs 13 and on diesel it has become Rs 10.
Fluctuation in crude oil price at the international level
For information, let us tell you that in this order of the government, it was not informed that there would be a kind of effect on the detailed price of petrol and diesel due to the increase in excise duty. If oil marketing companies are to be believed, there is no hope of changing the retail price of petrol and diesel after the increase in excise duty.
Anyway, in the last few days, due to the fall in the price of crude oil at the international level, there was a possibility of a fall in the prices of petrol and diesel. But now with the increase in excise duty, the chances of this happening have decreased. In some cities of India, petrol has crossed the century mark, and diesel is also being sold above Rs 90 per liter.
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