Government reduces taxes on petrol and dieselSome days ago (most probably last to last week), there was a heated debate in the Forum section of ISC on the issue of high rate of excise duty on petrol and diesel, Some Members of ISC criticised the Government for high rate of duty imposed on petrol and diesel.
Well, the Government has listened to the plea of the common people. Today the Government has cut the excise duty on petrol and diesel by Rs. 2/- @ litre to protect the retail consumers of the country from higher crude oil prices in the international market.
I hope now common people will be genuinely happy and the critics will be more angry. Opinion of the Members of ISC is solicited in this regard.