2) Petrol Price in INDIA Pakistan Rs. 26 Bangladesh Rs. 22 Cuba Rs. 19 Nepal Rs. 34 Burma Rs. 30 Afghanistan Rs. 36 INDIA Rs. 63.40
3) BASIC COST PER 1 LITRE 16.50 Centre tax 11.80% Excise duty 9.75% Vat cess 4% State tax 8 % Total Rs. 50.05 Now extra 13.35 Rs, PER 1 LITRE Are we the only people in the world subjected to massive dose of taxation in India ? If the free petrol enjoyed by all Govt functionaries, politicians at all levels,, bureaucrats and all other free bootees would it not make a dent in saving and costing of petrol ? Do these individuals have think and consider the impact on the economy? Is the import bill of petrol costly only in India? the example shows the huge burden on tax on petrol and further eminent rise will have crippling effect on prices.Is the Govt sincere in its tax mobilisation with such duties Surely the Govt, is hiding under the fig leaf of increase in international rise in prices The tax content of petrol prices is simply mind bogling to say the least. Nelson lopes Chinchinim 9850926276