India Cuts Taxes on Gasoline, Diesel to Ease Consumer Bills
- Diesel excise duty cut by 10 rupees a liter, gasoline 5 rupees
- Reductions to boost consumption, keep inflation low: India
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India lowered retail fuel taxes, offering relief to consumers after surging crude led to record gasoline and diesel prices.
The federal government will from Thursday cut excise duty on diesel by 10 rupees (13 cents) a liter, with gasoline falling by 5 rupees, according to an official statement.