Cut fuel taxes and boost economy

All Petrol pumps ought to display this
Basic rate 20.50
Central govt tax 41.50(Excise Duty)
State govt tax 16.50
Distributor 6.55

Total - 85.05

If the Govt wants to boost economy just for six months, cut central Govt and state govt tax on petrol and diesel by 50% such that price of petrol and diesel is between 50-55 and see the boost.

Both central and state govts will have lower revenues, to make up lay off Govt employees in non essential departments.

Everyone please share your views and if enough ppl believe this will work request LocalCircles to conduct survey and escalate to PM. more  

View all 26 comments Below 26 comments
Due to ever increasing cost of governance, neither Central nor State
Governments are in a position to reduce duties/taxes on petroleum
prducts. If the Governments take bold decision of curtailing cost of
governance and wastefuul expenditure by 30-40%, some space will
be created to reduce excise/VAT on petroleum products. more  
This is one of the main source for both Centre and State Govts. It is presumed that it is used by Rich people. Hence they will not reduce the taxes on these. more  
Yes, Kajal. However the Government ensured that the media did not hype or go after this fuel disparity by steady Entertainment of SSR Case and now the NCB line up and even before that there was some or other issues which never let the common public focus on how the Central Government was raking in 100% in taxes from Petrol Pumps. So how can the States alone be blamed. Both Center and State are equal partners - I do agree that both need Funds for the activities and projects but this Fuel prices are hitting common middle class public as all food items & provisions as also vegetable prices have risen due to this. more  
Yes, we have to cut fuel taxes and boost the economy.

Thanks, Silpa.Yerramsetti

On Thursday, 24 September, 2020, 02:45:51 pm IST, Kajal Singh <> wrote: more  
1)If the rate is lowered the transportation will be lowered,but the commodity rate will not be lowered as there is tendency of market not to reduce the price but to earn the extra profit.While conduct ung survey after budget it has noticed that the tax benefit is not passed on to the consumer 2)If the benefit is to be passed,the rate of petrol purchased for two wheeler,be reduced (if fuel is purchased of less than 5 liter quantity at a time rate will be lower. To avoid mis use the 2 wheel ers be mentioned on bill). more  
Post a Comment

Related Posts

    • IPL ads

      I dont know who all is making money but the IPL ads are a disaster. Thumsup/Coke, Pan Masala, Condoms, Gambling and the list continues on and on. Why is the Consumer Affairs Ministry be...

      By Sneha Goyal
    • Tussle for BIS

      It appears that the new Consumer Affairs Minister is trying to move BIS away from Consumer Ministry into Commerce Ministry. BIS is an inefficient lethargic and slow to act system and com...

      By Amit Mishra
    • Ridiculous move by this consumer affairs dept and ppl paying

      Onion prices are 72 and it is ridiculous that the consumer affairs dept took onions out of the essential commodities act. Arent certain people benefitting from this clearly? LocalCircle...

      By Bharat Lal
    • Interest waiver on Interest cost puzzling

      The Govt has announced that interest on interest will be credited to the accounts who have paid EMI regularly . If somebody has paid their EMI regularly and on time why would there be a...

      By Amit Mishra
    • Approval system needed for every advertisement

      Consumer Affairs should create a as system where every television print or digital ad by a brand is approved by an ad regulatory body. They must have a benchmark that they must act within 3 busines...

      By Shikha Jain
    • Paytm-BE CAREFUL, BEWARE before you trust this................

      Request do not rust Paytm. Not only is it dependent on and controlled by Chinese interests, it also destroys trust. If you need proof, ask me and will be happy to support allegations.

      By M M Saraff
    • Samsung sacrifices quality/service after its Leaders, Chairman charged, arrested, convicted, jailed.

      18/10/2020 On 13/09/20, Samsung India/Korea were charged with: 1. Manufacturing/selling product of bad quality… 2. Utmost inefficiency and bad practices… 3. Making...

      By M M Saraff
    • Overcharging on NCERT books - fix MRP

      There is rampant overcharging on NCERT books going on on online platforms and even local book stores. See attached maths and science book costing rupees 60 each printed inside the book being listed...

      By Aditi Mitra
    • Non Compliant ad after ad

      I feel govt should shut down consumer affairs ministry and many such ministries who cant act against non compliant brands. 7 out of 10 ads during IPL are non compliant Per What the govt...

      By Dipali Yadav
    • Pan Bahar ads running rampant in IPL

      Consumer Ministry said they will have misleading ad regulation in which they will ensure proper disclaimers. The Pan Bahar ad just ran with IPL and disclaimers are invisible come for 2 s...

      By Shikha Jain
    • Hallmarking of Diamond Jewellery

      In India, the Gems & Jewellery Export Promotion Council, set up by the Ministry of Commerce has been mandated as the nodal agency for the Kimberley Process Certification Scheme. Whi...

Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)