{"id":447556,"date":"2021-11-05T11:07:06","date_gmt":"2021-11-05T05:37:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=447556"},"modified":"2021-11-05T12:14:03","modified_gmt":"2021-11-05T06:44:03","slug":"centre-announces-cuts-in-petrol-diesel-excise-duty-on-diwali-eve","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-announces-cuts-in-petrol-diesel-excise-duty-on-diwali-eve\/","title":{"rendered":"Centre announces cuts in petrol, diesel excise duty on Diwali eve"},"content":{"rendered":"<p>Bringing some Diwali cheer, the centre Wednesday cut Central Excise Duty on petrol &amp; diesel by Rs. 5 and Rs. 10 respectively.<\/p>\n<p>The cut would come into effect from tomorrow, an official statement said, adding that the move would bring down prices of petrol &amp; diesel accordingly.<\/p>\n<p>&#8220;To give a further fillip to the economy, the Government of India has decided to significantly reduce the excise duty on diesel and petrol, &#8221; the statement said. <\/p>\n<p>States are also urged to commensurately reduce VAT on Petrol and diesel to give relief to consumers, it said. <\/p>\n<p>The reduction in excise duty on Petrol and Diesel will also boost consumption and keep inflation low, thus helping the poor and middle classes, &#8221; it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bringing some Diwali cheer, the centre Wednesday cut Central Excise Duty on petrol &amp; diesel by Rs. 5 and Rs. 10 respectively. The cut would come into effect from tomorrow, an official statement said, adding that the move would bring down prices of petrol &amp; diesel accordingly. &#8220;To give a further fillip to the economy, the Government of India has decided to significantly reduce the excise duty on diesel and petrol, &#8221; the statement said. States are also urged to commensurately reduce VAT on Petrol and diesel to give relief to consumers, it said. The reduction in excise duty on [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-447556","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447556","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=447556"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447556\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=447556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=447556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=447556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}