The cut in excise duty of Rs 8 per litre on petrol and Rs 6 per litre on diesel was effected totally in RIC.

On Sunday, Finance Minister Nirmala Sitharaman rebutted the Opposition’s criticism of excise duty cuts affecting states’ share of central taxes, claiming that the Rs 8 per litre cut in petrol and Rs 6 per litre reduction in diesel were made in the road and infrastructure cess levied on the two fuels, and that the collection on which was never shared with states.

Former Union Finance Minister P Chidambaram and other Opposition leaders first claimed that the excise duty decrease announced on Saturday evening will reduce the share of state taxes paid by the federal government.

On Sunday, Chidambaram amended his statement, claiming that the reduction in levies benefits only the central government.

Sitharaman said she is giving some important details about levies on gasoline and diesel for the benefit of everyone on Twitter.

Sarah Bisht

Hey! My name is Sarah and I am 14  years old. My pronouns are she/her. I study in class 9th. I am a podcaster, blogger, writer, and producer. I founded a media company called TriPod Media in 2020, which currently produces two podcasts, Word Affinity, which is a podcast hosted and produced by me, and Storytime With Kabeer, which is a podcast hosted by me and narrated by my brother. I am a MUNer and have won many accolades in various committees. I am also a writer and blogger, having published my work on many platforms. I like reading classic and dystopian novels, listening to podcasts about science, and perusing books about investing and managing money. I have a website where I write about my favourite authors, books, issues that need to be talked about and other things. I strive to help other young aspiring authors to achieve their dreams and write! You can go to my website and message me to talk about collaborating with me, about a writing job or working with TriPod Media!

By Sarah Bisht

Hey! My name is Sarah and I am 14  years old. My pronouns are she/her. I study in class 9th. I am a podcaster, blogger, writer, and producer. I founded a media company called TriPod Media in 2020, which currently produces two podcasts, Word Affinity, which is a podcast hosted and produced by me, and Storytime With Kabeer, which is a podcast hosted by me and narrated by my brother. I am a MUNer and have won many accolades in various committees. I am also a writer and blogger, having published my work on many platforms. I like reading classic and dystopian novels, listening to podcasts about science, and perusing books about investing and managing money. I have a website where I write about my favourite authors, books, issues that need to be talked about and other things. I strive to help other young aspiring authors to achieve their dreams and write! You can go to my website and message me to talk about collaborating with me, about a writing job or working with TriPod Media!

Leave a Reply

Your email address will not be published.