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Thursday, 26 January 2012

Hike taxes on diesel cars

Diesel
The clamour for making diesel cars dearer is getting louder just ahead of the Budget, with environment lobbyists and sections of the government advocating higher taxes to compensate for the subsidythe fuel enjoys. 

While the petroleum ministry is believed to have advocated a raise in excise duty on diesel cars to compensate oil companies that have to keep diesel prices low, environment lobby Centre for Science and Environment (CSE) has also pressed the government for a higher tax on diesel cars. Automobile News

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