Last Updated: October 6, 2026

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  • Tag: excise duty cut

    Excise Cut May Cost Govt ₹4 Lakh Crore: Patra

    Biju Janata Dal (BJD) MP Sasmit Patra has raised concerns over the Centre’s recent decision to cut excise duty on petrol and diesel, warning that it could lead to a massive revenue loss of ₹3–4 lakh crore for the government. Speaking on the issue, Patra questioned the long-term fiscal implications of the move, stating that.