The statement it self shows the working of NDA government.
When the International Market of Crude price used to rise up, they increased the petroleum rate.
I would like to give an example when they were in a power the LPG cylinder we used get was Rs. 167.00 & when they left it was shoot up to 327.00, Is this a reduction, price for the petroleum products were raised approx 12 times and they are filing pain when the International crude oil has shoot up to 147 us dollar per barrel.
I appreciate our finance minister job, he has done wonderful job, even in this international price crises.
RE:Price Hike
by nimit patel on Jul 23, 2008 12:28 PM Permalink
can u give me one answer??? if i am taking 10% tax from u... and if u are earing 100 rs i will get 10 rs... but when u are earning 150 rs how much u will earn???
is it 15 or not?? so 25% - 40% tax on crude is from a last 10 yrs or so... suppose govt getting 1000 ltr crude at 20 dollar it cost them 20000 dollar and 5000 tax
when barrel cost 150 dollar total exp will be 150 X 1000 = 1,50,000 and 25% tax.. 37,500 dollar from 5000 dollar it rise to 37,500... is this not earning???
