Fuel prices are sky rocketing..
As usual the libbi gang is spreading propaganda that modi govt is taxing common man more to fill its coffers..lets look at the issue deeply..👇
(1/n)

If x is the fuel price per litre..
A+B+C+D=x
A-Base price
B-Central Tax
C-State Tax
D-Dealer Commission

Her is how it is calculated 👇
(2/n)
Central tax i.e. Excise duty stands at 32.98
Diff state govts have diff levels of state taxs i.e.VAT..(pic 1)

Now the allegation that "modi is the reason for increased taxes" is wrong.. because even state govts r increasing the taxes..(pic 2 of Delhi)
(3/n)
Again out of the tax collected by the central govt a large share is given to the state govts..42% of central tax r shared with states according to 14th Finance Commission.

This calculations is from 2018 charges..👇
(4/n)
Bringing petroleum under GST which will reduce prices is opposed heavily by the state govts as they will loose a major chunk of their revenue..
Modi promised to bring Natural gas under GST. Hope it happens after the completion of National gas grid.
(5/n)
Alternative-
govt,EV cos & customers should co-operate with each other to create a market for EVs in India &invest in R&D before situation aggravates. Yes it is not an immediate solution but definitely helpful in longterm

It reduces the burden of both citizens & the planet
(6/n)

You May Also Like