Multiple Nations Implement Fuel Tax Cuts and Discounts
Governments in several nations, including Italy, India, Germany, and Serbia, are implementing or extending fuel tax cuts and discounts. These measures aim to mitigate the impact of rising fuel costs on consumers and industries.
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Drivers cut fuel spending as petrol prices surge
Motorists are skimping at the pump as the fallout of the Iran war keeps petrol prices high, the head of the association of petrol station owners said on Thursday. According to Savvas Prokopiou, only about 10 to 15 per cent of drivers continue to fill up the tank. The rest are cutting back spending on […]
Read full article →Excise duty cut extended for 21 days, reduced to 5 cents for petrol says Meloni
(ANSA) - ROME, APR 30 - The government's March 19 20-day fuel excise duty cut due to the Iran war was extended by cabinet for 21 days Thursday, unchanged for diesel (20 cents per liter) and reduced to 5 cents per liter for petrol, Premier Giorgia Meloni said after the cabinet meeting. The cut will be financed by antitrust fines and VAT revenue, she said. Further measures for road haulage will be included in a subsequent provision, following discussions with trade associations. Meloni said the...
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