Budget 2019: Petrol, diesel prices hiked by over Rs 2 after govt raises excise duty

Fuel prices were revised across the country on Saturday, a day after the announcement of additional excise duty and cess of Re 1 per litre on petrol and diesel. In Delhi, petrol is being sold Rs 2.45 higher at Rs 72.96 per litre and diesel at Rs 66.69 per litre after a Rs 2.36 hike. On Friday, Finance Minister Nirmala Sitharaman had announced a hike in cess on auto fuel prices while presenting the Union Budget 2019-20 in Lok Sabha. Sitharaman, who presented the first budget of the new government, had said crude prices have softened from their highs, paving way for her to review excise duty and cess on petrol and diesel.




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