Isn't it very frustrating that we pay taxes on so many products we consume and services we use. Also on some products like petrol and others , the taxes are quite high. Despite paying all these taxes, we have to pay income tax which is also not helpful for salaried class. 1.5 Lacs is the limit set, which in these high inflation times, is not sufficient but who would listen to our woes.
RE:Taxes and taxes.......
by Nikhil Mathur on May 06, 2008 02:57 PM Permalink
There are always many sides of the coin. But we have a tendency to look at the uglier side only.
Since you have raised a question on the taxes on Petrol, let me remind you that the price of petrol was increased to 45 - 50 when crude oil was at around 60 dollars per barrel in the world markets. And now the crude oil is cruising at 120 dollars per barrel. Have you ever seen that side of the coin, which the same goverment, same system, same policies had brought in for you.
But then may be some times blaming other relieves us from some tensions. Cheer up guys. We do live in a happy world. And for the things that are not good, we only will need to improve them.
RE:Taxes and taxes.......
by sudhanshu shilpi on May 06, 2008 03:08 PM Permalink
Nikhil, mind you when the prices of petrol fell in international market for quite long time the government did not bother to lower the price of petrol. Only after a lot of fuss, it was lowered. Now again mind you elections are coming and they cannot afford to raise the price, as such the inflation is quite high and any increase petrol would be catastrophic to both market and their chances of coming back, so your theory that despite the rise in international price in petrol it is not increased is not worth the point.
