CII demanded that to boost consumption, especially at the lower income level, reducing excise duty on fuel is crucial, as fuel prices significantly drive inflation, forming a substantial portion of the overall household consumption basket.
The central excise duty alone accounts for approximately 21 per cent of the retail price for petrol and 18 per cent for diesel.
Denne historien er fra December 30, 2024-utgaven av The Daily Guardian.
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Denne historien er fra December 30, 2024-utgaven av The Daily Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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