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Saturday, March 14, 2020

Petroleum excise duty: 3% hike to fetch Rs 47,000 cr more to Centre in FY21

Petroleum excise duty: 3% hike to fetch Rs 47,000 cr more to Centre in FY21
In April-December 2019, the total contribution of the petroleum sector to the exchequer stood at Rs3.8 lakh crore, of which Rs2.2 lakh crore went to the central government and the remaining to the states.

Source: TFE

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