Thursday, June 30, 2022
IndiaCentre Reduces Steel, Fuel, Gas Cylinder, Cement Prices say Nirmala Sitharaman

Centre Reduces Steel, Fuel, Gas Cylinder, Cement Prices say Nirmala Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman has tweeted Centre will consider to reduce the Iron & Steel customs duty of raw materials and intermediaries also import duty will be reduced. Iron & Steel export duty will be leived.

Further Nirmala Sitharaman added to consider Cement availability to improve its measures to reduce logistics cost of cement.

Also the most expected Fuel Petrol and Diesel prices excise duty has cut by centre. Hence after cut the excise duty Petrol prices reduces upto Rs.9.5 and Diesel price reduced by Rs.7 per litre.


Read Also | Centre reduced excise duty petrol price by Rs 9.5/Litre, diesel by Rs 7/Litre


Also Centre will give Rs.200 as subsidy for per gas cylinder upto 12 cylinders this will be get’s benifits over 9 crore of Pradhan Mantri Ujjwala Yojana.

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