![]() | #6301 | |
BHPian ![]() Join Date: Apr 2018 Location: HR12/MH46
Posts: 79
Thanked: 85 Times
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On one side you are keeping higher KMs running per day & on the other side you are keeping lower KMs running. At least KMs per person across different timelines shall be kept same to show the effect. By reducing the KMs it's not a fair calculation. Obviously in your calculations, despite all the Tax increase etc, you've shown that the people are much better off & there's no burden. But that's not the case. One tankfull which used to cost me 3000 INR now costs 4000 INR. How am I better off? Maybe I reduce my Daily KMs running but that doesn't reduce my PRICE/KM. What we need to see is the PRICE per KM that an individual is paying. Monthly expenditure is simply Total Number of KMs * Price/KM. | |
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![]() | #6302 | |
Distinguished - BHPian ![]() ![]() Join Date: Dec 2012 Location: Ranchi
Posts: 4,085
Thanked: 9,943 Times
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I filled 12.85 ltrs @77.80/- for Rs. 1000/- yesterday. Not too long ago, I was getting 15-16 ltrs for the same price. Not factoring the cascading effects, this itself is pinching my pocket hard. Given the state of public transport (which is actually 'almost' absent here in tier 2 cities), I cannot even think of using one. I don't want to be the guy sitting on the right (umm...wrong) side of the autorickshaw driver, saying my prayers everytime I see oncoming traffic. Even at Rs. 80/- or Rs 100/- per litre, I think my limbs are more important. But does that mean I have to be a dacoity victim? I get all the concepts of Govt's social security schemes, but do they want us to be beneficiaries of the same soon? | |
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![]() | #6303 | ||||
Senior - BHPian ![]() Join Date: Feb 2011 Location: NoWhere
Posts: 1,016
Thanked: 2,811 Times
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Sir, I am sorry for the confusion due to layout of calculations in Excel. Actually in both cases the timeline is same (i.e. as of May 2018). It's just the alignment of columns in Excel that is giving impression of the kms/day being on different timelines. If it was the case, as you mentioned, it would have been a very basic error. If you check the calculation, the Daily Impact in both cases, is calculated based on price increase w.r.t. base (2013). Last edited by AutoNoob : 29th May 2018 at 18:44. Reason: added reply to catchdoon's post | ||||
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![]() | #6304 |
BHPian ![]() Join Date: Oct 2013 Location: bangalore
Posts: 560
Thanked: 661 Times
| ![]() It is perfectly normal to be more worried about the fiscal deficit of the country than one's own well being. I would love to donate more to reduce the fiscal deficit if my income was increasing. But the reality is salaries has remained almost stagnant lately, but my tax burden keeps on increasing. Those who think that they should pay more taxes to reduce fiscal deficit should voluntarily pay more so that the burden on poor souls like me is reduced. Seriously, you can pay more. Just pay an advance tax and not claim back when you file your returns. Try that. |
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![]() | #6305 |
Senior - BHPian ![]() | ![]() Saw in the today morning's CNBC news flash that diesel and petrol prices have been dropped by 53p. A very small drop I must say considering that there has been a $4 drop in the international crude price. Its not there on any websites though |
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![]() | #6306 |
BHPian Join Date: Mar 2012 Location: Sydney, AU
Posts: 932
Thanked: 771 Times
| ![]() Petrol prices were slashed by 59 paise in Mumbai and 60 paise in Delhi today. Meanwhile, Diesel prices went down by 59 paise in Mumbai and 56 paise in the national capital. Source |
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![]() | #6307 | |
BHPian ![]() Join Date: Apr 2018 Location: HR12/MH46
Posts: 79
Thanked: 85 Times
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![]() | #6308 |
Distinguished - BHPian ![]() ![]() | ![]() Looking at many of the comments in the thread, one would conclude that like petrol prices be based on price of crude, then similarly, highway construction should be only on toll collected, road construction on road tax, and similarly, everything in the country be based on the revenue / income of that specific and individual thing. So if that's the case, should we have an army ? Or a government ? And what about the forests ? And why should farmers get more or not get more than what they are getting ? Each to it's own ? Everything dis-connected ? |
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![]() | #6309 | |
BHPian ![]() Join Date: Feb 2014 Location: Bombay-->Delhi
Posts: 277
Thanked: 620 Times
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Yup, you read it right, just ONE PAISA cut ! ![]() | |
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![]() | #6310 | |
BHPian Join Date: Mar 2012 Location: Sydney, AU
Posts: 932
Thanked: 771 Times
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![]() | #6311 |
BHPian Join Date: May 2016 Location: Pune
Posts: 292
Thanked: 577 Times
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![]() | #6312 |
Senior - BHPian ![]() Join Date: Jun 2006 Location: Tura
Posts: 1,559
Thanked: 1,359 Times
| ![]() this is a sarkari kick to the balls of aam admi, but there seem to be no protests or outrage behind this scam. I do not think they have ever increased prices by 1 paise, it is always above 10 paise when it comes to increase so that maximum margins can be sucked out. |
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![]() | #6313 | |||
BHPian ![]() Join Date: Nov 2007 Location: Mumbai
Posts: 375
Thanked: 565 Times
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This solution would make sense and would be apt if crude oil prices were all time high, Which is not the case. The point is Government can afford to reduce taxes but are reluctant to let got of a rich source of income. They taxed us heavy when crude was at an all time low, and it was the right time, now is the time to give the public some relief and it seems the tax cuts are being held off for some reason, I dare say National Elections 2019. Quote:
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We are currently paying very high taxes on fuel, None of the people on the thread have suggested to sell fuel at bare minimum prices, People are only expecting a small respite and that too after paying a premium when fuel was extremely cheap. What is wrong in that expectation? - Slick Last edited by Slick : 30th May 2018 at 14:58. | |||
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![]() | #6314 | |
BHPian ![]() Join Date: Sep 2007 Location: Bangalore
Posts: 39
Thanked: 256 Times
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https://www.ndtv.com/business/some-r...home-topscroll | |
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![]() | #6315 |
Senior - BHPian ![]() Join Date: Jun 2006 Location: Tura
Posts: 1,559
Thanked: 1,359 Times
| ![]() As they say, Saudi Arabia and India earn most of their revenue from oil. |
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