The oil price hike,govt is helpless,due to international oil price rise,but after discuss with left this price hike made,& calling'bandh' by left is a part of got-up game,pl wait,there will be a reduction/relief in oil&gas price hike take place...
RE:Oil& gas price hike&bandh called by left ...
by Gautam Sinha on Jun 05, 2008 02:56 PM Permalink
you can do that too. Once govt cuts taxes where will mass development work money come from? They have to be taxed. Left was correct in asking to tax the refinery business which uses Indian crude and not imported crude. Because these private refineries are charging based on international pricing of crude. But thanks to the clout of these private players, govt did not tax them and we are looking at higher rates
