To Fund Infrastucture Development Programme, Government Increases Basic Excise Duty on Petrol and Diesel (Both Branded and Unbranded) by ₹ 2 Per Litre; Duties to Come into effect from 2nd January, 2015

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..... To Fund Infrastucture Development Programme, Government Increases Basic Excise Duty on Petrol and Diesel (Both Branded and Unbranded) by ₹ 2 Per Litre; Duties to Come into effect from 2nd Januar .....

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..... y, 2015 - News and Press Release Dated:- 1-1-2015 - News - In order to fund the ambitious infrastructure development programme of the Government, particularly the building of 15000 kms of roads, d .....

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..... uring current and next financial year, the Government has decided to increase basic excise duty on petrol and diesel (both branded and unbranded) by ₹ 2 per litre. Allocation of these resources .....

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..... to the road sector will also spur economic activity and employment generation arising from the road construction sector. These increased rates of basic excise duty will be effective from 2ndJanuary .....

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..... , 2015 (that is from midnight of 1st and 2nd January, 2015). There will be no change in other excise duty rates applicable to these commodities. - News - Press release - PIB Tax Management India .....

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..... - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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