States trim fuel VAT after the government lowers excise tax

Massive Reduction in Petrol and Diesel after Diwali

Massive Reduction in Petrol and Diesel after Diwali

A massive relief for common-man as there is a massive reduction in petrol and diesel prices after Diwali. The cut in excise tax by the Centre, followed by VAT reductions in various states, has resulted in a dramatic decline in petrol and diesel prices, which had hit an all-time high. However, While some analysts believe … Read more