Originally Posted by basis
very good point S Class and dharmesh.
We are already paying duel tax in many products . why extra tax on diesel? What about the recovery of the Black Money?
+1. What Govt does is not subsidies diesel at all. It is just gimmick. Here is how it works -
Govt puts high taxes in customs duty, excise, VAT, octroi (we still have this in MH
) etc. and then part of this tax is handed over to oil cos to keep costs down. In other words, it is like taking money in shirt pocket & then keeping in trouser & then crying, oh I lost my money in shirt
. No wonder then oil cos are making profits in excess of 18,000 Cr QoQ !!
Rather than doing this "baal-buddhi" thing, Govt can straightway reduce taxes....no need to give any so called SUBSIDIES then. KISS*. BTW
, if black money can be brought back, India can give FREE PETROL & DIESEL TO ALL FOR ANOTHER 30 yrs !!
Originally Posted by dharmesh
Bring the cost of Petrol and Diesel cars at same level and then increase the price of diesel, then lets talk about what people will buy Diesel cars or Petrol cars?
Yes, this will give real picture. In this case, I am sure those who don't do much of inter-city driving will stick to petrol.
* KISS = Keep It Simple Silly.
This is just FYI
, else another infraction can be in place.
And please don't go around saying, hey kiss, hey kiss & then clarify if caught !!