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General Talk
India: Petrol and Diesel Discussion Thread
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<blockquote data-quote="Etype" data-source="post: 2312449" data-attributes="member: 89114"><p>With opec kepping production hikes modest, crude will only go up in the near future. opec might reconsider if crude price rise sustains. I wouldn’t be surprised if petrol/diesel rises further by a few rupees. In a country like india where less than 1% pay direct tax, reliance on indirect tax is inevitable. as a result, the poor pay more tax as a percentage of their income. And no govt. (whether bjp or congress) can do without petrol windfall. It is like dearness allowance for them. </p><p> some parties when in opposition march to the parliament in bullock carts to protest, others remain asleep at wheel.</p></blockquote><p></p>
[QUOTE="Etype, post: 2312449, member: 89114"] With opec kepping production hikes modest, crude will only go up in the near future. opec might reconsider if crude price rise sustains. I wouldn’t be surprised if petrol/diesel rises further by a few rupees. In a country like india where less than 1% pay direct tax, reliance on indirect tax is inevitable. as a result, the poor pay more tax as a percentage of their income. And no govt. (whether bjp or congress) can do without petrol windfall. It is like dearness allowance for them. some parties when in opposition march to the parliament in bullock carts to protest, others remain asleep at wheel. [/QUOTE]
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