![]() | #7396 | |
Distinguished - BHPian ![]() Join Date: Sep 2008 Location: --
Posts: 3,270
Thanked: 5,387 Times
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Oh wait, bicycles - good for the health and the environment. ![]() | |
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![]() | #7397 |
BHPian ![]() | ![]()
There was reduction in corporate tax from 30% to 22% last year. So as to compensate for the reduction in tax collection, government increased tax on poor people. So there are other ways for the government if they want to. It's all priorities of the government. Poor people can't donate to party funds anyway. Last edited by anb : 13th October 2021 at 18:22. |
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![]() | #7398 | |
BANNED Join Date: Apr 2008 Location: KL 7
Posts: 2,102
Thanked: 5,069 Times
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Fuel taxes are fair and fool proof. The brunt of fuel taxes are proportionally borne, all of India's poor do not have access to their own cars and bikes. They rely mostly on public transport, much of which is subsidised by central and state governments. It's biggest disadvantage is it pushes inflation higher, that I agree. Traders, transport companies, fleet owners pass the cost onto consumers. But the biggest punishment from fuel taxes fall on PV owners. Larger the vehicle/travel the more painful it will be. | |
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![]() | #7399 | |
BHPian ![]() | ![]() Quote:
If the govt cannot find tax invaders, it's the governments fault. The government should accept their failure to find the tax envaders and resign. Last edited by anb : 13th October 2021 at 19:08. | |
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![]() | #7400 | |||
BANNED Join Date: Apr 2008 Location: KL 7
Posts: 2,102
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Those who evade taxes are dodging responsibility. Successive governments have failed to do this, many within it can be accused of the same. Fortunately fuel taxes does not have loopholes. Quote:
MSRTC 9,000 Cr KSRTC hundreds of crores every year and some incredible amounts of debt Literally every state govt. transportation company runs on the exchequers money. Quote:
The Govt. should implement a successful direct benefit transfer system. | |||
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![]() | #7401 | |
BHPian ![]() | ![]() Quote:
Railways and state transport corporations are at loss because of there is no support from governments. UPA used to give low floor non AC and AC Volvo buses at 10% of cost to State Transport Undertakings under Jnnrum scheme. It was stopped in 2014. There was diesel subsidy of Rs.10/ litre of diesel to STUs. It was stopped by UPA govt in 2013. These are encouragements for public transports in last 8 years ![]() | |
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![]() | #7402 | |
Senior - BHPian Join Date: Nov 2009 Location: Bangalore
Posts: 1,378
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Not sure about KSRTC, but BMTC runs on a profit. In fact there is a profit based bonus for the drivers. | |
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![]() | #7403 | |
BANNED Join Date: Apr 2008 Location: KL 7
Posts: 2,102
Thanked: 5,069 Times
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A so called Govt. working for the people needs money to foot the bill, precisely why every socialist country in the world has failed. Going off topic but state transport corporations are at a loss because they are terribly inefficient. The job of a State govt. transport company is to get people from A to B in an affordable manner, nothing else. It's job it NOT building bus depots every 50 kms, running engineering colleges, building their own bus bodies, having maintenance workshops, have a civil engineering dept. etc etc. May as well give license to pvt operators and regulate ticket prices. A govt. should never be in the business of running a business - SG. | |
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![]() | #7404 | |
BHPian ![]() | ![]() Quote:
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![]() | #7405 | |
BANNED Join Date: Apr 2008 Location: KL 7
Posts: 2,102
Thanked: 5,069 Times
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![]() | #7406 |
Senior - BHPian ![]() | ![]() Petrol nears ₹111-mark in Mumbai City/Petrol/Diesel Delhi 104.79 /93.52 Mumbai 110.75 /101.40 Chennai 102.10 /97.93 Kolkata 105.44 /96.63 Source: Indian Oil |
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![]() | #7407 | |
BHPian ![]() Join Date: Mar 2020 Location: Pune
Posts: 376
Thanked: 2,103 Times
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Because of covid and schools being closed not all buses depart with all seats filled up. So each trip a bus makes, most of the time doesn't even cover the cost for the diesel. Who do you think pays for the workshop, building new bus stops ? It's again the same state transport depot ! State transportation dept were already in loss pre covid - primarily due to government subsidy removed from the diesel. And when covid hit, it hit very hard. In 2020 there was almost no business because of the shutting down of the whole country. It is very easy to seat inside cozy houses and pass on judgments like "a govt should never be in the business of running a business". Do you know which people are majorly dependent on state transportation Buses ? - people belonging to below poverty line, students from remote areas, farmers from villages who need to get their farm produce to cities, elders who need to visit city hospitals and list is long. Do you think these people can afford private transportation ? Can government guarantee that private transportation will not go Jio way and raise prices all together ? The answer is clear No. I've seen few members supporting high fuel prices stating no one is spared and everyone has to pay for this ridiculous high price for fuel. Agreed, but a 10 - 20 ₹ increase per liter won't hurt much to people who belong to high income class (not speaking about politicians here, their fuel expenses are covered by us commoners tax money ) but what about daily wage earner ? What about that small business owner ? Coming back to relevance of the thread - absurdly high fuel prices affect everybody and those who say it doesn't are, I am afraid, way beyond saving. Last edited by Aditya : 15th October 2021 at 18:58. Reason: Political comments deleted | |
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![]() | #7408 | |
Senior - BHPian Join Date: Nov 2009 Location: Bangalore
Posts: 1,378
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It should not be done as a business, but as a service. It should be funded by the tax payer's monies with no consideration about dial timings, ridership numbers, incentives based on performance/ connections, etc. Fuel prices hit everyone, but does it affect the ministers or babus who have a fuel budget? Why should it affect the transport companies. They should be provided as much fuel as they need, no matter what the cost. Even if it is to transport one single girl to her school. | |
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![]() | #7409 |
BHPian Join Date: Jul 2016 Location: Hyderabad
Posts: 973
Thanked: 1,357 Times
| ![]() As we speak, the only solutions viable to overcome high fuel prices seem to be-
If not for the easy bank loans, India would have been back to using cycles and rickshaws (not the electric ones). The depleting resources of coal and power shortage are not inspiring for people to switch to EV's. We, like a few other countries, are suffering due to the strategical and political egos of the world's powerhouses. ![]() Last edited by jetsetgo08 : 15th October 2021 at 08:26. |
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![]() | #7410 |
Senior - BHPian ![]() | ![]() Fuel prices skyrocket as petrol retails at Rs 106/L in Delhi; Rs 110 in Bengaluru, Hyderabad This is the 14th time that petrol price has been hiked in two weeks while diesel rates have gone up 17 times in three weeks. In Delhi, petrol now costs ₹105.14 per litre while the price of diesel was raised by the same amount to ₹93.87 per litre. In Mumbai, petrol prices were raised by ₹0.34 to ₹111.09 per litre while diesel by ₹0.37 to ₹101.78 per litre. Read |
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