Why do not Indian Neta s reduce
1 ) Cost of Governance ( Reduce Bureaucracy ) These days even one IAS officerscosts
crores of Tax Payers ' money. Reduce number of IAS etc officers.
crores of Tax Payers ' money. Reduce number of IAS etc officers.
2 ) Reduce MLA s / MP s perks / salaries / subsidies. Nearly free Mess / Canteen . MLA 's income tax paid from Public Funds.
Why the benefit of lower Crude Oil prices not passed onto Petrol / Diesel Consumers.
Give Petrol to Physically Handicapped Indians @ cost price i.e. Rs. 15 per Litre.
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Crude Oil
Every Barrel = 159 liters of Crude oil produces the following:
* 73 liters Petrol
* 36 liters Diesel
* 20 liters Jet fuel & heavy fuel oil
* 6 liters Propene
&
* 34 liters of other products (Butane, Asphalt & Sulphur)
SO
Crude Oil
Every Barrel = 159 liters of Crude oil produces the following:
* 73 liters Petrol
* 36 liters Diesel
* 20 liters Jet fuel & heavy fuel oil
* 6 liters Propene
&
* 34 liters of other products (Butane, Asphalt & Sulphur)
SO
1 Barrel of Crude Oil is presently costing in India Rs. 3200
1 Barrel ( 159 liters ) produces
73 litres of Petrol ( retail cost in Punjab Rs 72/ litre ) = Rs.5256
36 litres of Diesel ( retail cost Rs. 50 / litre = Rs. 1800
+
20 liters Jet fuel & heavy fuel oil
* 6 liters Propene
AND
* 34 liters of other products (Butane, Asphalt & Sulphur)
So for every Rs. 3200 crude oil , Govt. sells petroleum products for around Rs. 12,000.
Does the Govt. need any other Tax ?
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