Petrol, Diesel prices to reduce by Rs 9.5 as centre reduces excise duty

Srinagar, May 21 (ANH): In a major announcement, the Centre on Saturday said it is reducing the Central excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.

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“This will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre,” said Union Finance Minister Nirmala Sitharaman.