Centre 'Unlikely' To Agree For Tax Cut As Relief From Rising Fuel Prices: Experts

The Central Government is not mulling over any plans for tax cuts on fuel to provide relief from the sting of rising fuel prices, said experts. The issue of this global rise in fuel price was raised during a recent meeting between senior executives, finance and oil ministers, and others. A person privy to the discussion said that the Finance Ministry has turned down the proposal to cut the duty.