Govt may soon cut fuel prices by Rs 4-5


Fuel prices may soon be cut by Rs 4-5 in most parts of the country, if the central government goes ahead with a plan that involves a marginal cut in the excise duty on the fuel, and provided it is successful in its efforts to convince states to cut the Value Added Tax on fuel and oil marketing companies to take a cut in their commission on sales.
Read more at Hindustan Times.

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