Breaking: States Do Not Suffer Due To Reduction in Excise Duty- Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that Basic Excise Duty (BED), Special Additional Excise Duty (SAED), Road and Infrastructure Cess (RIC) and Agriculture and Infrastructure Development Equipment (AIDC) together wit makes the total excise duty on petrol-diesel. Out of these, only BED is shared with the states, not the rest. The government has made this …
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