With base price at just Rs 18, Indians now pay 275% in taxes to govt on every litre of petrol!

coastaldigest.com web desk
June 9, 2020

With the steep hike in excise duty in the past couple of months, an average consumer of petrol now pays over 275% in taxes to centre and states on a litre of the fuel.  The base price of petrol is just about Rs 18. The taxes are close to Rs 50 and the pump price is over Rs 72.

India imports 85% of all its crude oil demand.  After a steep hike in excise duty in the past two months despite a hold on daily price revisions by the oil public sector undertakings (PSUs), Indian consumers now pay 275% collectively in excise duty to state and centre. 

The central government hiked excise on petrol and diesel by Rs 10 and Rs 13 respectively last month. The excise duty on petrol is taxed around Rs 33-a-litre while the same on diesel it is Rs 32.

The Value-Added Tax (VAT) on both petrol and diesel is Rs 16.44 and Rs 16.26 respectively. Both the taxes together are around Rs 49 while it is sold at petrol pumps at 73-per-litre.

These two taxes cumulatively account for 69% of tax which is higher than anywhere else in the world. The same is taxed at 19% in the US, 47% in Japan, UK 62% and 63% in France. The government does not pass on the benefit of lower crude oil prices to the customer.

It is to be noted that Indian consumers continued to pay Rs 70-a-litre even when crude oil prices hit a paltry US $ 20-a-barrel on April 12.

Former finance minister and Congress leader recently took a jab at the Centre over rising prices stating, “Fuel selling prices raised twice in two days, following tax hikes two weeks ago. This time to benefit oil companies. Government is poor, it needs more taxes. Oil companies are poor, they need better prices. Only the poor and middle class are not poor, so they will pay”.

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Lovely indian
 - 
Wednesday, 10 Jun 2020

Acche din for modi bakth....lets enjoy

 

you need only ram mandir and NRC

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News Network
July 8,2025

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Mangaluru, July 8: In a significant employment push for the region, the Employment Linked Incentive (ELI) Scheme, introduced by the central government through the Employees' Provident Fund Organisation (EPFO), is expected to generate 20,000 to 25,000 new jobs in Dakshina Kannada district.

Announcing this at a press meet on Monday, Rajib Mukherjee, Regional Commissioner of EPFO Mangaluru, said the initiative targets 2,500 to 3,000 establishments in the district, with a major focus on boosting employment and social security, particularly in the manufacturing sector.

"The ELI scheme is designed not only to support first-time job seekers but also to incentivize employers for generating sustainable employment," Mukherjee said.

Key Highlights of the Scheme:

•    For first-time employees, the government will provide EPF wage support of up to ₹15,000, disbursed in two installments.

•    Employers who create new jobs will receive incentives of up to ₹3,000 per new hire per month for a duration of two years.

•    In the manufacturing sector, these incentives will continue for an additional two years (years three and four), encouraging long-term hiring.

Wider Goals and Eligibility:

The ELI scheme is part of the Prime Minister’s five-scheme package announced in the 2024–25 Union Budget, which aims to generate 3.5 crore jobs across India over two years.

•    The benefits will apply to jobs created between August 1, 2025, and July 31, 2027.

•    Employees with a monthly salary of up to ₹1 lakh are eligible.

•    Employers hiring within this salary range are eligible for government subsidies, provided the job is retained for at least six months.

Awareness and Outreach:

EPFO is conducting awareness camps across Dakshina Kannada to inform businesses and job seekers about the scheme’s benefits and application process.

Officials U Panduranga Kini, Nagendra Babu Gutti, Benny Lobo, and Anita R were also present at the briefing.

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News Network
July 6,2025

Mangaluru, July 6: MLC Ivan D’Souza has urged the Karnataka government to convene a Cabinet meeting in Mangaluru, calling it crucial to address long-pending developmental and administrative issues in the coastal districts of the state.

Speaking to the media, D’Souza pointed out that the government has already conducted Cabinet meetings in Chamarajanagar, Nandi Hills, and Kalaburagi, with the next session scheduled in Vijayapura. He said it's high time the coastal belt — especially Dakshina Kannada and Udupi — received the same level of attention.

“A Cabinet session in Mangaluru would bring state-level focus to the unique challenges and aspirations of the coastal region,” he said.

D’Souza added that he would raise the demand formally in the upcoming Legislature session and personally meet Chief Minister Siddaramaiah to push for it.

Key Demands Highlighted by Ivan D’Souza

Renaming Dakshina Kannada as ‘Mangaluru’:

The MLC said there is broad consensus among political and social leaders on renaming the district to reflect its global identity.

“Across the world, people identify the district as ‘Mangaluru’. It’s time we create Brand Mangaluru,” he said.

Boosting Coastal Tourism and Fisheries:

Despite prior discussions, no major tourism projects have been announced for the region. D’Souza called for focused investment in both tourism and fisheries.

Special Package for Mangalore University:

Calling it an educational hub, D’Souza demanded a dedicated development package for Mangalore University to address infrastructural and academic needs.

Mangaluru Airport Development:

He criticised the lack of development at Mangaluru Airport, despite its international status, and called for urgent upgrades.

Addressing Sand and Red Stone Shortage:

D’Souza highlighted the construction delays due to raw material shortages and urged the government to simplify related legal procedures.

Why It Matters

D’Souza said a Cabinet meeting in Mangaluru would allow ministers to engage directly with local stakeholders and address region-specific concerns that have been neglected by successive governments.

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News Network
July 16,2025

Mangaluru, July 16: A gripping mystery deepened in Dakshina Kannada as police confirmed on Wednesday that they have lost contact with a key witness who alleged the secret burial of multiple dead bodies in Dharmasthala village. The individual, who had sought official witness protection, has now seemingly vanished.

Superintendent of Police Dr Arun K revealed that despite the witness’s willingness to expose those allegedly involved and identify the burial sites, no details about their current location have been shared with authorities. The police stated they cannot offer protection without direct communication and consent from the witness.

Tensions escalated after the complainant’s lawyer made significant disclosures to the media — disclosures that, according to police, compromised the witness’s anonymity. Though the lawyer claimed the revelations were made on the witness’s instructions, officials say the move undermined formal procedures.

Under Rule 7 of witness protection guidelines, authorities are unable to act unless the witness fully cooperates. This condition was formally conveyed to the lawyer via email on July 10, but no response regarding the witness’s whereabouts has been received so far.

“All communication has been through email. We still don’t know where the witness is,” said the SP, adding that without this critical information, law enforcement is unable to proceed with protective measures or further inquiry into the burial claims.

A report filed by the Deputy Superintendent of Police warns that if the witness fails to surface during the investigation, their claims may not be verifiable at any stage.

Contrary to swirling speculation, the SP confirmed that no exhumation or official action took place on Wednesday linked to this high-profile case.

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