Diesel and Petrol taxes made the government richer by a whopping Rs. 75,441 Crores!
Advertisement
Advertisement
The Indian government's revenues from taxes on petrol and diesel rose to Rs 75,441 Crores in 2014-15 - a stiff 60% rise from 2012-13. The tax components include customs revenue and central excise revenue.In 2012-13, the revenue was pegged at Rs 46,926 Crores while in 2013-14, Rs 50,222 Crores were earned.
"Since the price of
"Further, the price of
However, he added that the government gives cash assistance to
Advertisement
Image credit: Indiatimes
Advertisement
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- Upcoming cars and two-wheelers launching in India in April 2024
- Ice melt in Antarctica and Greenland is slowing Earth's rotation, affecting timekeeping: Study
- Elections on a plate: Poll panels fix menu & expense ceiling for Samosa, tea, biryani & more
- Regenerative farming, cover crops will help farmers increase yields, reduce stubble burning: IDH CEO
- Sustainable Event Planning