India Increases Excise Duty on Petrol and Diesel by ₹2 Per Litre

Government confirms no immediate change in retail fuel prices, citing falling global oil prices as a counterbalance.

The Indian government has raised the excise duty on petrol to ₹13 per litre and on diesel to ₹10 per litre, effective April 8, 2025.
This ₹2 per litre increase is part of a broader fiscal strategy responding to global oil market volatility.
Retail fuel prices will remain unchanged for now, as reduced international oil prices offset the excise duty hike.
Union Minister Hardeep Singh Puri assured consumers that there will be no immediate impact on fuel prices.
The policy aims to balance revenue generation with consumer protection and economic stability.