Centre raises high-speed diesel excise to Rs 24/litre, infra cess to Rs 36/litre to boost revenue

Summary

The Indian government has significantly increased excise duties and cesses on high-speed diesel. The Special Additional Excise Duty now stands at Rs 24 per litre. The Road and Infrastructure Cess has been raised to Rs 36 per litre. These changes are effective immediately. The move aims to boost government revenues during a period of fiscal challenges.

Recent Coverage

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