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Tuesday, 11 September 2018

How Modi Government State Government Can Reduce Petrol Price IN India

How Modi Government State Government Can Reduce Petrol Price IN India Hello friends, welcome to all of you. Friends in our website MSQ NEWS today we will talk in this post. An issue of direct connection with your pocket. You are seeing this thing all the people. With the increase in the rate of diesel and petrol in our beloved India, the entire opposition of the whole has fallen on the streets. At the same time, some of the supporters of the gangsters are setting fire to some places in our country by uttering violence and sabotage.

How Modi Government State Government Can Reduce Petrol Price IN India



We all want oil prices to decrease. But not by ransacking the streets. The Government of Quebec does not make any difference with this demolition. And the entire money of the loss takes away the tax from the common man as the tax. Now see, our government can reduce prices of petrol and diesel. But he is not deliberate. If the government wants it can remove three solutions. 

1. The first solution is that the central government reduces excise rates.  How Modi Government State Government Can Reduce Petrol Price In India

Only a few of you know this thing that the government earns money from the general public in two ways. The first method is that by imposing direct taxes and the other way of government. Turn the tax on the general public and make tax.


How Modi Government State Government Can Reduce Petrol Price IN India
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Take, for example, you got a month's salary and the government has said that you will have to give us a part of your salary. So we will call it direct income tax or direct tax. How Modi Government State Government Can Reduce Petrol Price In India, the Government now imports indirect tax from the common man. Suppose you have a 4-liter petrol in your car at a petrol pump. Now if you give that 4-liter petrol money, then the owner of the pump. But the money was given by your pocket not only benefited the oil company, but the central government has also taken advantage of it. But how? Taxes on your filled petrol tax again. Explained directly in simple words, the state's petrol pump has provided you with petrol. In your pocket, your money goes too. And the central government, ie Modi government too.  

 

How Modi Government State Government Can Reduce Petrol Price IN STATE STATE GOVERNMENT TAX In the form of VAT CENTRAL GOVERNMENT TAX RECOVERY AS EXICE. You will be surprised to know that different VAT is imposed on all the states of India ie all states. Do you know? How much benefit does the central government get from the VAT by liter per liter? Rs 19.38 on petrol and 15.33 paise on diesel. How Modi Government State Government Can Reduce Petrol Price In IndiaNow on May 26, 2014, when Modi government was formed, then on petrol it was 9.48 rupees and on diesel, it was 3.56 rupees for excise. Now the recent excise tax on diesel in May 2014 was 3.56 rupees. It increased to Rs 15.33 i.e. 430% more 



The petrol on which the excise tax of 9.48 rupees was found in May 2014. Now it is Rs. 19.38. I.e. approximately 204%

What is the current price of crude oil in the international market?  How Modi Government State Government Can Reduce Petrol Price In India

In May 2014, the crude oil price was Rs. 31.18. At that time the price of diesel was 53.35 rupees. Now in September 2018, the price of crude oil is Rs 39. But diesel is being sold at Rs 72.83. Our central government speaks. Even if we reduce the excise tax by 1 rupee. So we will lose more than 13 thousand crore rupees. But it is surprising that these governments increase the tax. So why does not the public tell about the benefits of crores of rupees from him? How Modi Government State Government Can Reduce Petrol Price In India 



2. Let the government reduce the VAT tax and wonders . How Modi Government State Government Can Reduce Petrol Price In India

 
How Modi Government State Government Can Reduce Petrol Price IN India
PIXABAY

Petrol and diesel rates can be reduced significantly even if state VAT is reduced by the Value Added Tax of VAT. But why will the state government reduce its earnings? Why the state government will reduce VAT? So listen to the state government will reduce VAT tax only. When we say that the people of the whole public state will be angry at rising prices. But fury should always be done peacefully. Not by violence On the other hand when the time for the election is over Then the governments to make the people owl. Makes a little less VAT tax. FOR EXAMPLE, A few days back Vasundhara's government in Rajasthan reduced VAT tax of 4% just prior to the election. This has saved the ordinary people about 2 rupees and 34 paise on petrol. That's right.

3. Why does not the gasoline and diesel get inside the GST? How Modi Government State Government Can Reduce Petrol Price In India

How Modi Government State Government Can Reduce Petrol Price IN India
source: indiatoday

If the Modi government brought petrol and diesel inside the GST. Even oil rates can be lower than comfort. Now let's see that after refining crude oil, the central government imposes approximately 15 percent and the state government tax from 18 percent to 36 percent. Now, just mind your mind and think. If petrol and diesel are put inside the GST, the tax will remain only 28 percent. This will reduce the oil tariff by about 30 rupees. This can give great relief to the common man. 

This is the full swing of oil prices.  How Modi Government State Government Can Reduce Petrol Price In India

How Modi Government State Government Can Reduce Petrol Price IN India
PIXABAY

  •  At this time the price of crude oil is 31 rupees 18 paise.
  •  When this crude oil is brought from the ship to the country. So, 6 rupees 37 paise to take it off the coast, after which this crude oil is delivered directly to the refinery and it makes cleaning in the refinery. 
  • After this, 2 rupees 87 paise oil companies benefit from, which includes the cost of the truck.
  • Now after this, our Modi Government collects 15 rupees 33 paise in the name of excise tax and road tax. 
  • Then the dealer pump earns 2 rupees 53 paise. After all these frills, diesel costs Rs 58.28. Now the state government imposes its VAT tax of Rs 9.76. 
Now all this together gets diesel rate of Rs 68.04. Finally, about 4 rupees 79 paise is imposed for pollution policies. Tags - How Modi Government State Government Can Reduce Petrol Price In India, Oil rate in India, Oil prices, crude oil prices, oil prices today, crude oil, crude oil prices today, current oil prices, crude oil price live, crude oil news , oil prices in india, mcx crude, wti crude price

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