{"id":396373,"date":"2021-01-20T11:44:17","date_gmt":"2021-01-20T06:14:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=396373"},"modified":"2021-01-20T12:38:24","modified_gmt":"2021-01-20T07:08:24","slug":"govt-may-not-reduce-excise-duty-on-fuel-soon-official","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-may-not-reduce-excise-duty-on-fuel-soon-official\/","title":{"rendered":"Govt may not reduce excise duty on fuel soon: Official"},"content":{"rendered":"<p>The Centre is not in a position to forgo easy revenues at a time when it needs huge funds to fight the pandemic and revive the economy, a government official said on Tuesday, a remark that came against the backdrop of growing demands to reduce taxes in order to provide relief to consumers.<\/p>\n<p>On Tuesday, petrol price crossed Rs.85 a litre in Delhi, hitting a new high for the fifth time in less than two weeks since January 7 even as India\u2019s average crude oil import price softened a bit, according to official data.<\/p>\n<p>\u201cNow, there is no pressure of inflation as retail inflation eased to a 15-month low, at 4.59%. Hence the government would like to wait till budget on reducing excise duty on fuel. However, a final decision will be taken by the competent authority,\u201d the official added, requesting anonymity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre is not in a position to forgo easy revenues at a time when it needs huge funds to fight the pandemic and revive the economy, a government official said on Tuesday, a remark that came against the backdrop of growing demands to reduce taxes in order to provide relief to consumers. On Tuesday, petrol price crossed Rs.85 a litre in Delhi, hitting a new high for the fifth time in less than two weeks since January 7 even as India\u2019s average crude oil import price softened a bit, according to official data. \u201cNow, there is no pressure of [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-396373","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=396373"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396373\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=396373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=396373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=396373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}