Thursday, 17 November 2011
You pay Rs 30 tax on each litre of petrol
Should we be celebrating that after a Rs 2 price reduction, we get to pay Rs 71.47/l of petrol when we could actually be paying Rs 42.45, if Centre and state taxes were revoked? For the first time since the deregulation of petrol in June last year, consumers experienced the benefit of a slide in prices by Rs 2.34 since yesterday. Coming after several hikes, the revised price was received with cheers. However, the dampener
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