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Petrol and Diesel to cost more - Tv9

Sat, Jan 02, 2016, 09:11 PM
The Union Government has hiked excise duty on petrol by Rs 0.37 per litre and by Rs 2 a litre on diesel on Saturday. This is the second time in less than three weeks that excise duty is being hiked to mop up a little less than Rs 4,400 crore. It has been reported that the increase in excise duty is supposed to fetch the government over Rs 4,300 crore on diesel and about Rs 80 crore on petrol.The said hike is going to be implemented from today's midnight.
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