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Record Excise Duty Hike Unlikely to Help Bridge Fiscal Gap: Report

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Despite crude prices trading at a two decades low, the government had earlier this week hiked excise duty on petrol by Rs 10 a litre and on diesel by Rs 13 a litre to mop up nearly Rs 1.6 lakh crore in additional revenue this fiscal.

from Top Business News- News18.com
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Record Excise Duty Hike Unlikely to Help Bridge Fiscal Gap: Report Record Excise Duty Hike Unlikely to Help Bridge Fiscal Gap: Report Reviewed by Team Exprssnews on May 08, 2020 Rating: 5

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