After Fuel Tax Cuts, Govt May Unveil Fresh Relief for MSMEs Hit by West Asia Crisis
More Relief on the Way
Government may announce additional relief packages for MSMEs and vulnerable sectors if the West Asia crisis prolongs further.
Fuel Tax Cuts Delivered
FM Nirmala Sitharaman slashed excise duty on petrol and diesel by ₹10/litre each, zeroing diesel duty entirely.
Export Taxes Imposed
Steep export tax of ₹21.5/litre on diesel and ₹29.5/litre on ATF imposed to protect domestic fuel supply.
RELIEF Scheme & RoDTEP Restored
Govt launched ₹497 crore RELIEF scheme and restored RoDTEP rates till March 31, 2026 to support exporters.
MSMEs Under Pressure
Hormuz disruptions, longer shipping routes, port congestion, and conflict surcharges are squeezing MSME margins and export competitiveness hard.
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