23rd June 2020, 20:03 | #31 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
It's just sad that people are brazen enough to blame military expense to justify an extremely flawed economic ministry that has affected the Indian automobile industry amongst other casualties. This is akin to the folks who blamed the brave soldiers who were murdered by the Chinese, instead of the diplomatic failures that led to their death, on the "nationalist" news channels sponsored by Vivo and Lenovo. Regards. Just a suggestion to the moderators: India is reeling under a misinformation epidemic through WhatsApp and other social media channels. It would be great if an automated fact checking tool, akin to the ones used by companies like twitter, is applied on member posts that are based on fake forwards and facebook/twitter posts, so thst members themselves can know that they are not contributing to national interest by believing them. Last edited by Nissan1180 : 23rd June 2020 at 20:31. | |
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23rd June 2020, 20:14 | #32 | ||||
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
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Slavery is coming back. Coming back with all its powers. Many become salves without even knowing it. This is not politics. I am talking about the fundamental rights Indian constitution offers me. Last edited by romeomidhun : 23rd June 2020 at 20:34. | ||||
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23rd June 2020, 20:19 | #33 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
Last edited by ABHI_1512 : 23rd June 2020 at 20:22. | |
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23rd June 2020, 20:25 | #34 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
I have been striking up conversations with lots of daily wagers and their situation is grim. Almost everyone of them has run out of money and they are borrowing money to run their family. Rs.10/ Liter increase may not be much for the privileged ones but it is a lot of auto drivers/daily wagers and others. Unfortunately, even people whom we consider middle class are struggling to make ends meet. My MIL's school recently fired a lot of staff because of the non-payment of fees. (That's different story and has a thread of its own). One of the fired teacher got married last year and his wife is caring. He is searching a job in these difficult times. So people from different walks of life are struggling, it should be the government's responsibility to make sure that the citizens don't struggle. I would blame the government for the lack of foresight in the way it taxes its citizens. How long will they keep saying that only 3 to 4 crores of people are paying tax? The government should come up with ways to bring the vast majority of citizens into the tax regime and stop depending on indirect tax/fuels and other stupids ideas whenever they run out of money. My friend got married recently and the mehindi artist was charging her 11k for the bridal mehendi. Now let's consider that she works only for 15 days a month, her earnings are 1,65,000/ month. Now, I can't assume that she doesn't pay taxes, but for every 1 person like the mehendi artist who might be paying taxes there might 9 others who aren't paying it. In this age of technology, why can't the government come up with ways to tax its citizens? Last edited by prasathlr : 23rd June 2020 at 20:29. | |
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23rd June 2020, 20:34 | #35 | |||
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
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On the other side - My friend who works at a popular Broadband Provider just purchased a brand new TUV300. He upgraded from a Alto 800. My other friend who has a IT Equipment store ran of out CPU's, Laptop's, Monitor's, Routers etc as all the companies started buying. He is looking to buy a BS6 Suzuki Vstorm. The shake up's are a byproduct of the new system generated by the Pandemic. I would not blame any Government in this. Even if it were Congress / BJP / AAP / MVA at the centre - no Government would have been able to get out of this boiling hot soup in a way where there were no causalities - either Economic, Human or Infrastructural. Quote:
Its tough - COVID19 has thrown away established theories and established practices out of the window but we are where we stand right now. Last edited by Chetan_Rao : 23rd June 2020 at 21:42. Reason: broken quote tags | |||
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23rd June 2020, 20:42 | #36 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
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23rd June 2020, 20:49 | #37 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
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23rd June 2020, 20:54 | #38 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
The vast majority of road side vendors that my dad knows are still in their native. Some of them spent whatever money they had to come back to Bangalore around May end but the police sent them back at the border saying that they have to go through institutional quarantine if they wanted to enter Karnataka at the borders. They didn't have to money to return back home, how will they pay for institutional quarantine? My dad had to drive all the way to Hosur to give them some money so that they can go back to their native and lent others some money so that they can support their family till the situation becomes better. The people whom I mentioned in above example are the ones that make up the vast population of India. The ones Government should stand with at the time of unprecedented crisis like Covid-19 but we forget them because we always compare people in our circle and don't know how it is to be someone who has to sell everyday without even one day leave to support his family. | |
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23rd June 2020, 20:57 | #39 | ||||||
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| Quote:
What privileged household sir? I come from a lower middle class family and became a CA after flunking a thousand times. Quote:
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I agree with you completely and I wish things could be different. I was one of the people you mentioned growing up (not me - but my family) so I know what you mean. However, what is the alternative? Where is the money going to come from? The previous Governments before this Government did not save any. This Government seems hell bent on doing the same (if I were to speak honestly). Now if the previous Governments did not save for a "Rainy Day" or should i call it for a "Pandemic" - how can we blame the current Government for it? What is the solution? Note from Support: Please use Multi-quote to respond to specific parts of a post. Last edited by Chetan_Rao : 23rd June 2020 at 21:52. Reason: Merged back to back posts. Fixed improper quoting. | ||||||
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23rd June 2020, 21:09 | #40 | |
BHPian Join Date: Feb 2017 Location: Bangalore
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
Underprivileged - People who had drop out at various stages of education for whatever reasons and now have to make ends meet by doing odd jobs so that they and their family can make it to the next day. | |
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23rd June 2020, 21:16 | #41 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
Anyway, gentlemen - I have said what I wanted to on the topic. It was nice to know all of your views as well. Goodbye and Good luck. Stay Safe Last edited by rahul4321 : 23rd June 2020 at 21:17. | |
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23rd June 2020, 21:26 | #42 | |
Senior - BHPian | Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
Crude was around 154 USD a barrel in 2014 beginning when petrol sold at 75 rupees and LPG cylinder at 325 or so. From 2016 onwards slide in crude prices started, thanks to US shale oil glut. Whole world enjoyed low fuel prices but we were denied that benefit. On the contrary prices of petrol and LPG rose. From 2016 to Dec. 2019, excise duty on motor spirit was raised 11 times, keeping the fuel prices same and pocketing huge revenue. I read somewhere they earned 25 lakh crore excess tax on M.O.P. I assumed it to be some kind of reserve money. Now, where is that reserve money? All this before covid. Also, last year around 1.76 crore was withdrawn from RBI, another first in India's history. But as soon as covid happened they said they have no money. Then, thousands of crores were collected for PM care fund on which audit is being denied. If covid is bad time for India, it is bad for every country in the world. Other countries have put money in peoples' accounts, lowered taxes. Did we? I still fondly remember the bygone days when petrol prices rose just once a year during budget in February and by around 2 to 3 rupees max. Now, it has gone up by almost 10 rupees in my town in last 12-13 days. As for war with China, it's not a war. Just a border skirmish and, thankfully, it seems to be almost over. I don't believe a country the size of India can be invaded by China. And, I also don't believe in arms race. We are bleeding white as it is, getting into an arms race would send us bankrupt. | |
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23rd June 2020, 21:33 | #43 | |
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Quote:
This kind of pseudo patriotism is any Government's strength | |
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23rd June 2020, 21:42 | #44 |
Distinguished - BHPian Join Date: Jan 2015 Location: Chennai
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? Dare I say that these fuel price increases mean nothing to me, at least immediately? But is anyone going anywhere right now? I'm stuck, for one. If inflation is what worries you, well, add that to the list brother! I'm putting on my horned spectacles and a tweed jacket now. My hair is all ruffled and my face sports a frown. The blackboard is up before you, so pay attention. Silence! Tax mop-up = Tax rate * Total number of taxed transactions The number of fuel purchase transactions has gone down drastically, because of the lockdowns. So various state governments and the Centre are trying to keep the tax mop-up as near to the normal level as possible. It's simple. Well, the Centre has been upping the Excise rate on fuels way more than the states have upped their VAT to be fair. But thou shalt not refer to the virus or the Chinese border crisis, lest thou shalt be damned and relegated to the annals of history as a Bhakth. Well, can't any of the states cut their VAT at this hour of need? But wait - a certain tax mop-up figure has to be met to pay for expenses, so never mind. And since there are states run by "other" political parties, I've right now qualified as an anti-national as well, by reasoning it out on behalf of them. I can have the cake and eat it too, see? I can be a Bhakth and an Anti-national. I can run with the hares and hunt with the hounds. And so on and so forth. This has to be the most inconsequential thread on this forum, really since it's fait accompli all the way. I'm much interested in rather learning how to improve my fitness levels. Last edited by locusjag : 23rd June 2020 at 21:42. Reason: Clarified my opening sentences... |
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23rd June 2020, 21:44 | #45 |
Senior - BHPian Join Date: Aug 2006 Location: Bangalore
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| Re: Fuel prices increase 16 days in a row. What the hell is happening? While Govts might have vested interest in charging any amount of duty, the question is an ethical one: Considering the fuel price affects every citizen of this country either directly or indirectly, the question is are we paying a 'fair' price to an essential commodity? |
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