With base price at just Rs 18, Indians now pay 275% in taxes to govt on every litre of petrol!

coastaldigest.com web desk
June 9, 2020

With the steep hike in excise duty in the past couple of months, an average consumer of petrol now pays over 275% in taxes to centre and states on a litre of the fuel.  The base price of petrol is just about Rs 18. The taxes are close to Rs 50 and the pump price is over Rs 72.

India imports 85% of all its crude oil demand.  After a steep hike in excise duty in the past two months despite a hold on daily price revisions by the oil public sector undertakings (PSUs), Indian consumers now pay 275% collectively in excise duty to state and centre. 

The central government hiked excise on petrol and diesel by Rs 10 and Rs 13 respectively last month. The excise duty on petrol is taxed around Rs 33-a-litre while the same on diesel it is Rs 32.

The Value-Added Tax (VAT) on both petrol and diesel is Rs 16.44 and Rs 16.26 respectively. Both the taxes together are around Rs 49 while it is sold at petrol pumps at 73-per-litre.

These two taxes cumulatively account for 69% of tax which is higher than anywhere else in the world. The same is taxed at 19% in the US, 47% in Japan, UK 62% and 63% in France. The government does not pass on the benefit of lower crude oil prices to the customer.

It is to be noted that Indian consumers continued to pay Rs 70-a-litre even when crude oil prices hit a paltry US $ 20-a-barrel on April 12.

Former finance minister and Congress leader recently took a jab at the Centre over rising prices stating, “Fuel selling prices raised twice in two days, following tax hikes two weeks ago. This time to benefit oil companies. Government is poor, it needs more taxes. Oil companies are poor, they need better prices. Only the poor and middle class are not poor, so they will pay”.

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Lovely indian
 - 
Wednesday, 10 Jun 2020

Acche din for modi bakth....lets enjoy

 

you need only ram mandir and NRC

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News Network
April 10,2020

Bengaluru, Apr 10: The Karnataka Education Board on Friday further postponed the annual examination for SSLC to May due to extension of lockdown to arrest spread of coronavirus which is spreading like wildfire in the state.

Minister for Primary and Higher Education S Suresh Kumar also announced that the PUC examination were also postponed to May.

"However, depending upon the situation we will announce the date in May and will inform the students one week earlier of the examination date to give time for preparation,"

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coastaldigest.com news network
May 18,2020

Mangaluru: As many as 178 passengers arrived in the coastal city from Dubai as the second flight under the Vande Bharat Mission landed at the Mangaluru International Airport (MIA) at 7.55am on Monday.

Among 178 passengers, there were 99 male, 67 female, 11 children and one infant.

Dakshina Kannada deputy commissioner Sindhu B Rupesh said that all the necessary arrangements had been made to ensure that the passengers were not inconvenienced in any way. 

“All of them have been provided with health kits, sufficient food, sim cards, etc. We have also set up facilities at the airport where they can exchange foreign currency. The emigration process was conducted only after each passenger was subjected to screening by health department personnel at the airport. We will have their throat swabs tested for Covid-19 on Tuesday,” Sindhu said.

Personnel attired in personal protective equipment gear shifted the passengers’ luggage, while buses had been arranged for transporting them to quarantine facilities, Sindhu added.

Probationary IAS officer Rahul Shinde, additional deputy commissioner MJ Roopa, district health officer Dr Ramachandra Bairy and MIA director VV Rao were among those who received the returning Indians along with the DC at the airport.

Public, including friends and relatives of the passengers, were barred entry to the airport.

Rooms in as many as 10 hotels have been reserved to quarantine passengers flying in to Mangaluru from the Gulf. The rooms are priced between Rs 1,000 and Rs 5,400. Meanwhile, those unable to afford rent will be accommodated at government hostels.

 

Mangaluru, May 18: The second repatriation flight to the coastal Karnataka from Dubai landed at Mangaluru International Airport at 7.45 pm. today.Mangaluru: As many as 178 passengers arrived in the coastal city from Dubai as the second flight under the Vande Bharat Mission landed at the Mangaluru International Airport (MIA) at 7.55am on Monday.

 

Dakshina Kannada deputy commissioner Sindhu B Rupesh said that all the necessary arrangements had been made to ensure that the passengers were not inconvenienced in any way.

 

“All of them have been provided with health kits, sufficient food, sim cards, etc. We have also set up facilities at the airport where they can exchange foreign currency. The emigration process was conducted only after each passenger was subjected to screening by health department personnel at the airport. We will have their throat swabs tested for Covid-19 on Tuesday,” Sindhu said.

 

Personnel attired in personal protective equipment gear shifted the passengers’ luggage, while buses had been arranged for transporting them to quarantine facilities, Sindhu added.

 

Probationary IAS officer Rahul Shinde, additional deputy commissioner MJ Roopa, district health officer Dr Ramachandra Bairy and MIA director VV Rao were among those who received the returning Indians along with the DC at the airport.

 

Public, including friends and relatives of the passengers, were barred entry to the airport.

 

Rooms in as many as 10 hotels have been reserved to quarantine passengers flying in to Mangaluru from the Gulf. The rooms are priced between Rs 1,000 and Rs 5,400. Meanwhile, those unable to afford rent will be accommodated at government hostels.

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News Network
July 17,2020

Bengaluru, Jul 17: Lashing out at Chief Minister BS Yediyurappa-led government over the handling of coronavirus crisis, Karnataka Congress chief DK Shivakumar on Thursday demanded Governor's rule in the state. He also took a dig at Health Minister B Sriramulu's "Only God can save us" remark.

"I heard the statement of Sriramulu and Sudhakar. They have said that they cannot manage this (coronavirus crisis) and they leave it to God who can save Karnataka. If such is the case, they could not solve the problems of the people of Karnataka. It is time now they must resign and let the Governor's rule come into force. The time has come for all of them to step down," Shivakumar said.

Taking to Twitter, Sriramulu said that the KPCC president misinterpreted his statement.

He said that Opposition allegations of negligence and incapability of the government and irresponsibility of ministers are "far from the truth".

The minister said that people should be made aware of the prevention of coronavirus as it plays a very important role in the prevention of infection.

"Here are the cautioning words, 'If you stumble, only God has to save us.' The government, our Chief Minister BS Yediyurappa and ministers are working day and night. We are working for the people, to effectively face this century's challenge," he tweeted.

As many as 4,169 new COVID-19 cases and 104 deaths were reported in Karnataka on Thursday, taking the total number of cases to 51,422 cases including 19,729 recoveries and 1,032 deaths.

Bengaluru reported 2,344 new cases and 70 deaths in the last 24 hours, according to the state health department.

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