The average monthly revenue collection from these levies rose to Rs 15,800.07 crore in the reporting first half period, up from Rs 11,600.87 crore in H1FY22, according to the data collated by Motilal Oswal Financial Services.
Banerjee’s assertion came two days after the central government reduced excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 a litre, slashing prices of both to some extent. When central duties are cut, states...
