Excise up on petrol output

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Central Government has once again levied excise tax on petrol and
diesel prices. On petrol 60 paise and on diesel 40 paise was levied.
Following fall in the crude oil prices in the international market,
government has decided to fill up the revenue losses. But its effect
is unlikely on prices but it gave enough scope for hike in prices of
petroleum products, according to experts.

Medaram Jathara

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