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Govt Takes ₹1 Lakh Crore Revenue Hit After Fuel Duty Slash
Union Finance Minister Nirmala Sitharaman said the government is expected to face a revenue impact of over ₹1 lakh crore in 2026 following the cut in central excise duty on petrol and diesel. The Centre had reduced excise duty by ₹10 per litre to shield citizens from rising global crude oil prices. #nirmalasitharaman #petrolprice # ...
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