Petrol and diesel prices in India have always been a topic of discussion. Recently, the government has increased the Excise duty on petrol and diesel by Rs 2 per liter. This decision has been taken at a time when international oil prices are seeing a decline. However, this increase will not have any direct impact on the common consumers. In this article, we will understand the reason behind this decision, its impact and other information related to it in detail.
Excise increase on petrol and diesel
The government has recently increased excise duty on petrol and diesel. This tax becomes an important part of fuel prices. A brief description of this decision is given in the table below:
| Description | Acquaintance |
| Decision | Excise duty on petrol and diesel increased by Rs 2 per liter |
| Effect | No direct impact on consumers |
| Oil companies share | Decline was recorded |
| International oil prices | At the lowest level after April 2021 |
| Government’s purpose | Raise revenue collection |
| Previous excise duty | Petrol: ₹ 19.90/liter, diesel: ₹ 15.80/liter |
What is Excise Duty?
Excise Duty is a type of tax imposed by the Central Government. It becomes a large part of fuel prices. For example, the excise duty on petrol is currently ₹ 19.90 per liter and ₹ 15.80 per liter on diesel.
Petrol and diesel prices today
Following are the prices of petrol and diesel in various cities for today (10 April 2025):
| City | Petrol (₹/liter) | Diesel (₹/liter) |
| Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
Government’s statement and purpose
The government has clarified that the purpose of this increase is to increase the revenue collection. This decision has been taken at a time when international oil prices are falling. However, the government has also ensured that it will not have any direct impact on the general public.
key points
- Political influence: Oil prices are low in BJP ruled states while more in opposition ruled states.
- Performance of oil companies: Shares of major oil companies declined.
- International Impact: Indian consumers did not get relief despite the fall in global oil prices.
When will petrol and diesel be cheaper?
Union Minister Hardeep Singh Puri said that if international oil prices continue to fall, then the prices of petrol and diesel may be reduced in future. However, the government is currently adopting the “Wait and Watch” policy.
Historical figures of previous years
Petrol and diesel prices have been the following in India in the last few years:
| Year | Petrol (₹/liter) | Diesel (₹/liter) |
| 2014 | 9.48 | 3.56 |
| 2021 | 110-120 | 100-110 |
| 2022 (after cut) | -8/-6 per liter |
Conclusion and future possibility
This step taken by the government will boost revenue collection, but consumers will not get relief at the moment. If international oil prices remain stable then it may be possible to cut fuel prices in future.
Disclaimer:
This article is based on government announcements and available information. All updates related to petrol and diesel prices depend on oil companies and government policies.
