Jammu and Kashmir government reduces taxes on petrol, diesel by Rs 7

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JAMMU: Jammu and Kashmir administration, on Thursday, decided to reduce additional Rs 7 on petrol and diesel in the Union Territory, a day after the Centre slashed excise duty on fuel.

“J&K admin has decided to reduce additional Rs 7 on Petrol & Diesel, thereby reducing Petrol price by Rs 12/litre & Diesel by Rs 17/litre in UT from today,” the Office of J&K LG tweeted. LG Manoj Sinha also said that PM Modi had given a great Deepavali gift by announcing a reduction in excise duty on petrol and diesel.

The Centre, on Wednesday, slashed excise duty on petrol and diesel by Rs 5 and Rs 10, respectively.

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