Government Cuts Excise Duty on Higher Ethanol‑Blended Petrol

The government announced a tax exemption for certain fuels. The exemption applies to petrol with a higher ethanol blend. Excise duty will no longer be charged on this fuel. The move is intended to promote cleaner-burning gasoline. Officials say the policy supports domestic ethanol production. It may lead to lower prices for consumers. The decision reflects a shift toward greener energy. Analysts expect increased use of ethanol‑blended petrol.