No plans to cut taxes on petrol, diesel: Dharmendra Pradhan
NEW DELHI: Oil minister Dharmendra Pradhan on Wednesday ruled out any cut in excise duty, for now, to give relief to consumers from the spiralling retail prices of petrol and diesel which have touched all-time highs.
“There is no such proposal at present,” he said in the Rajya Sabha when asked if the government was looking at cutting taxes to cool off prices.
Petrol price crossed the Rs 94-mark in Mumbai and diesel soared to Rs 84.63 per litre on Wednesday. Retail pump rates have not seen a reduction in almost 11 months.
