Budget 2019: Petrol, diesel prices to rise by Rs 2 per litre as Nirmala Sitharaman increase excise duty and cess
Rajan Nath
July 5th 2019 02:39 PM
Budget 2019: Finance Minister Nirmala Sitharaman on Friday took the Bahi Khata in Lok Sabha and presented the Budget 2019 of PM Narendra Modi Government 2.0. Petrol and Diesel prices are set to rise by Rs 2 per litre as Finance Minister Nirmala Sitharaman increased the special additional excise duty (SAED) as well as Road and Infrastructure Cess by Rs 1 per litre on automobile fuels. Currently, the government is charging Rs 7 per litre of SAED on petrol and Rs 1 litre on diesel. Also, Rs 8 per litre is charged on Road and Infrastructure Cess among Petrol and Diesel.