Jun 6, 2008

Petrol fever: A real eye opener

Taxes can be definitely reduced to some extent… More importantly…. .kharcha Pani of these netas must be reduced!!!!! !!!! What say??? These may control the prices.

Following is the article from well known Newspaper.

Find the detail break-up of the Final price of petrol available at fuel pumps.

This is a break up considering crude oil at 130 $ per barrel. Following details are for per liter petrol in Rs.

Basic Price = 21.93

Excise duty = 14.35

Education Tax = 00.43

Dealer commission = 01.05

VAT = 05.50

Crude Oil Custom duty = 01.10

Petrol Custom = 01.54

Transportation Charge = 06.00

Total price = Rs 51.90

So for a Rs 22 liter petrol at pumps we people pay Rs 28 tax extra.

Govt. is thinking to impose more price hike to curtain with the current crude oil bubble in International oil crisis.

If Central Govt. wish, it can still reduce the price of petrol in the current crisis situation, but it doesn't intend to do so, instead trying to fool the people and Nation. This is the basis LEFT parties are opposing, just generating more profits for the oil marketing companies.

Don't you think you should pass this message to create more awareness among the people. So they Consider this aspect before they vote for the coming elections.

The Congress party has ruled for the most of the years of independent India...

Think if they have been kind to the common man the nation would have been richer......

6 comments:

Anonymous said...

The price of oil is rising day by day.Thanks for sahring the considering crude oil barrel and petrol.

Lakshmi said...

No worries :)

Anonymous said...

I am worried about these prices.We should find another way.

Lakshmi said...

Yes you are correct. I think its good to use electric car and bikes.

abinash said...

Completely dis agree. Infact in India due to government policies we are paying much less. Much much less. I will give you a break up of it. Here its short so will write a post instead on it today. The governmnet pays a whole lot of taxes on behalf of us. Its because the political scenario in india. Which is actually in turn benefiting the golf countries or the oil producing countries hence the rate in these countries never rise. By the way simila nation (When I say similar I mean nation who are in a same height as far as oil production and oil facilities are concern) like thailand and China. They already have a high oil price. And its the policies that keeps the price either low or lately hiked in India.

Lakshmi said...

I cannot agree with you until you give me the details.