Centre To Bear Entire Revenue Loss On Account Of Reduction In Excise Duty On Petrol, Diesel

Centre To Bear Entire Revenue Loss On Account Of Reduction In Excise Duty On Petrol, Diesel

Addressing a Press Conference on November 15, Finance Secretary TV Somanathan said, “The reduction of Rs 5 (in petrol) and Rs 10 (in diesel) has been in the non-sharable portion of excise duty, which means entire loss is borne by Central Government. There is no loss of devolution to any state govt through reduction in excise duty.”

#PetrolDieselPriceHike #PetrolDieselPrice #TVSomnathan #Exciseduty #CapitalTV

For advertisements e-mail us at capitaltvindia@gmail.com

Follow us for regular updates

Facebook: https://www.facebook.com/capitaltvindia/
Twitter: https://twitter.com/capitaltvindia
Instagram: https://www.instagram.com/capitaltvindia/
Website: https://www.capitaltv.in/
Koo: https://www.kooapp.com/profile/capitaltvindia

Capital TVcapital tv latest newsTV Somanathan

Post a Comment

0 Comments