Cut in excise duties on petrol and diesel will lead to revenue impact of Rs 1 lakh crore: FM Nirmala Sitharaman.

India's Finance Minister Nirmala Sitharaman has warned that cutting excise duties on petrol and diesel will result in a significant revenue loss of Rs 1 lakh crore.

PTI | Mumbai | Updated: 25-05-2026 12:33 IST | Created: 25-05-2026 12:33 IST

Cut in excise duties on petrol and diesel will lead to revenue impact of Rs 1 lakh crore: FM Nirmala Sitharaman.

Cut in excise duties on petrol and diesel will lead to revenue impact of Rs 1 lakh crore: FM Nirmala Sitharaman.

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