Re: Only 2.5% Tax in...
by inawaj on Dec 31, 2008 04:08 PM Permalink
Go outside India and do whatever u want Leave this country or we will make u leave
RE:Only 2.5% Tax in Islamic Govt
by raj on Jul 16, 2008 06:42 PM Permalink
forget abt it. all those islamic countries will be having oil economies. next and extreme shariah will render us all like taliban
How much does a politican pays as tax? Does he buy petrol? does he pay for anything at all?
It what sence does he asks for WPT? This is a good example of how a good for nothing Amar Singh without understanding the economics makes statements just for his personal benefit.
RE:Tax the good for nothing Politician
by madhuri dixit on Jul 16, 2008 06:27 PM Permalink
Amar singh is chaar din chandni phir andheri raat? bolne de usko 22 tak, phir mayya bhi ghar mien ghuskar maragi
are bhai chhut bhi usko milta hai jo kuchh de sakta jab india mein bhagwan ke darshan free mein nahi hote to yeah sab natak kahe ka liye marta to amm admi hai?
RE:windfall tax
by Gautam Mudbhatkal on Jul 16, 2008 06:20 PM Permalink
It should also be imposed on the politicians and goons - Dawood, Gawli etc and the extorntionists and politicians. Sharad Pawar, Amar Singh etc have made windfall profits for themselves and their coterie
what about the Govt Stand of recovering profits form publically listed companies such as ONGC and Gail - is this not WPT in an indirect way ? Has the government compensated the minority share holders on these companies and the other oil marketing companies who are made to suffer loss ? Govt can not have policies as a matter of convenience !!!!
It is more about politics than economics. mr. amar singh taking care of jr. ambani grouse against elders brother's meddleing in mtn deal. this may be threatening to sr. ambani that if he goes against mtn, he will use this wpt.
first of all government should not allow the private parties to take the advantages in such businesses. the petrolium products in india are not the property of the Ambanis Father, it belongs to the each and every citizen of the india, i repeat again government only should take care of the any petroleum related business in india and shoould not allow the private operators in this section.Even the govt doesnt have any right to do that without taking the public openion.
From: Maulik Zaveri, Ahmedabad (Mobile:9898002186) Why Rate per Ltr. of petrol is same for vehicle giving averae of 2,4 or 8 per ltr and 40,60 or 80 per Ltr?
Example: If we take base Rs. 30/- per ltr of petrol and 40 Km. per Ltr. as standard then Vehcile giving average of 2, 4 or 8 Km. per ltr. are consuming 20, 10 or 5 times more that vehicle giving average of 40 per ltr.
So that if price for ltr. of petrol is Rs. 30/- for vehicle giving average of 40 Km. per liter then prices for vehicle giving average of 2, 4 or 8 per lt. will be Rs. 600/- (20*30), Rs. 300/- (10*30) and Rs. 150/- (5*30) per ltr. respectively.
Suppose Mr. X runs car having Avg. of 2Km/Ltr daily for 20 Km., he uses 10 Ltr petrol per day. If we take Rs. 30/- per ltr. of petrol and 40 Km per ltr. as a base his car is using 20 times more petrol than standard so he would be charged Rs. 600/- per ltr. of petrol (20* Rs.30/-). He has to pay Rs. 6000/- per day for use of 10 ltr. petrol in fact he is paying Rs. 300/- only so Rs. 5700/- per day is subsidy to him and for year Rs. 20,80,500/- (Rs. 5700*365. If their are 10000 users of car giving avg. of 2 km/ltr than subsidy to him is 2080,5000000 (Apprx. Rs. 2080/- Crore)!!!!!!.
1)Don't you think that at present governemt is giving subsidy to a purcahse of petrol whose vehicle are giving average of 2, 4 or 8 per Km ltr. and burden of same is passing on the vehicle owner whose vehicle is giving averae of 40, 60 or 80 per ltr. ?
RE:No Windfall tax Just Price for Petrol
by raj on Jul 16, 2008 06:43 PM Permalink
nope, point is - the rich buggers get subsidy meant for the poor or middle class.
RE:No Windfall tax Just Price for Petrol
by Anubhav Lal on Jul 16, 2008 08:40 PM Permalink
subsidy should always be given to only those who vote for the left parties
Some politicians are advocating imposition of Windfall Profit tax on private oil companies. This is purely taking advantage of the current political compulsions faced by the Prime Minister and his Govt., and deserves to be condemned. In this era of scarcity of oil, no one will then come forward to prospect for oil, which is not at all good for the country. I agree with the other reasons laid out in the article by Prema.
