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RE:Innovative Suggestion For Fixing of Petrol Prices
by crazyguy on Jun 03, 2008 02:12 PM

Mr.Zaveri while calculating so called subsidy we are forgetting a fact that there is NO SUBSIDY actually. Govt of India is buying petrol @23/- per liter and selling @51/- per liter adding a whooping 52% tax on it. So while calculating your 2080 crore subsidy on some cars please mention how much tax the same carwalas are paying to Govt of India. You will have a heart attack. Please note most of our politicians king like expenditure is met by taxes on petrol, which if stops they will die.
Subsidy on petrol is a eyewash and worst hypocrisy.

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