Local sales tax is 25-30% which is state govt jurisdictioncrude oil price today = $108.41
1$ = Rs 56
1 barrel =158.5 litres
Cost of 1 litre = Rs 38.30
Refining margin = Rs 4
Cost in Delhi = Rs 73.14
Tax per litre =Rs 30.84
Keep voting khangress
They need money for Lahul to be elected as PM
Then don't curse the government. Petrol is a source of major major funds for them. It is the case world over.^^^
What is India's gross tax collection ? Central + state .
Do you know ? Just asking and see if it is accordance with developing nations.
And India has roads and electricity comparable to other countries ?Then don't curse the government. Petrol is a source of major major funds for them. It is the case world over.
Seriously you are crazyAnd India has roads and electricity comparable to other countries ?
So what does Govt. do of the tax money ?Seriously you are crazy
Farm tax, GST and reduce tax on petrolSehwag, what exactly do you expect? The government should stop collecting tax? Maybe they should also stop collecting income tax and sales tax? After all in your own words, "So what does Govt. do of the tax money ?"
Farm tax? Can you elaborate?Farm tax, GST and reduce tax on petrol
Then fine have a tax of Rs 30 on commodity worth Rs 38.Farm tax? Can you elaborate?
GST? Your much-hated "khangress", which you abuse in every post, is trying to get GST passed. The various states are protesting. I am not a congress lover myself, but I am just trying to show you the flaws in your arguments.
Reduce tax? By how much? 10 rupees? What will you do when the rupee falls to 70 rupees per dollar? After all, that is what you were vehemently arguing for in the other thread, weren't you?
I agree that manufacturing is the key. We will be doomed if we don't get a good manufacturing policy in place, soon. And that is what we were saying on the other thread - the solution to India's problems is massive manufacturing. The kind of industry that can absorb hundreds of thousands of semi-literate people in India and provide gainful employment to them. That is the way forward.Then fine have a tax of Rs 30 on commodity worth Rs 38.
And btw the Re is sliding due to khangress policy of not giving importance to manufacturing. What did Khangress do of the 23 billion $ gained from 3G auction ? Spent on NREGA
Do you know whats is the petrol price in Pakistan and Bangladesh? why not India?Then don't curse the government. Petrol is a source of major major funds for them. It is the case world over.
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