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Oil shock... or smart move?
The Indian government just hiked excise duty by ₹2/litre on petrol and diesel.
Sounds harsh? Wait till you hear this 👇

Understanding Indias Fuel Tax Hike | Petrol Diesel Price Hike
Crude oil prices fell by $12 a barrel in just 3 days — and this hike? It only covers $4 of that.
So yes, you’ll pay more at the pump, but the government gets a $4 billion revenue boost!

Even with the hike, oil marketing companies like IOC, BPCL & HPCL still keep strong margins.

🔥 And there’s more — ₹50 increase in domestic LPG cylinders will slash under-recoveries by nearly half!
A win for the companies, and maybe for future stability in fuel prices.

📉 Crude falls, taxes rise — but margins stay strong. What’s your take?
Drop it in the comments!"