[notme]

India has far too few resources for its massive population, and yet we’re one of the least taxed nations in the world.

If fuel, road, and vehicle taxes were any lower, the situation would spiral out of control. We already have four of the world’s most traffic-congested cities, imagine the chaos with even fewer regulations.

Climate change isn’t some distant threat; it’s happening right now, and we’re already feeling its impact.

[ABHI_1512]

Originally Posted by notme

India has far too few resources for its massive population, and yet we’re one of the least taxed nations in the world.

If fuel, road, and vehicle taxes were any lower, the situation would spiral out of control. We already have four of the world’s most traffic-congested cities, imagine the chaos with even fewer regulations.

In this forum, we prefer facts and not imagined things. So I have highlighted your statement in bold so as to give you something which is an established fact.

India is among the countries which levy the highest taxes on fuel. The pump prices have not been revised since very long. We have never been able to reap the benefits of low crude prices ever. The authorities always find a way out to increase the taxes while keeping the prices high.

As for other taxes, we have the highest slab for GST in the whole world and very few countries come close. Don’t believe me, here is the article that one can go about reading.

https://m.economictimes.com/opinion/.../118609436.cms

Please go through the article and I hope that you will find the article interesting.

I will also give you a simple example of how the fuel prices in Bhutan is significantly lower than what we pay in India. This, despite the fact that Bhutan buys most of the oil from India only. How is that possible one may ask, so the answer is less or almost no taxes on fuel. I am not saying India should not have taxes on fuel but to nullify the gains when the crude prices are low by hiking taxes and then raising prices when the prices go upwards is simply putting more burden on the people. Every time crude prices go south, the taxes have been raised. At least, then don’t tell us that oil prices are market linked when clearly it is not !!

government has used declines in world crude oil prices to boost its earnings, depriving consumers from getting the benefit. Multiple such adjustments were made during the pandemic when oil prices plummeted.

Another excerpt from an article to ponder over :

https://www.bloomberg.com/news/artic...-prices-steady

[notme]

All this data and the articles should be taken with a grain of salt — they’re simply reference points and may reflect certain biases or perspectives.

It’s no secret that our cities suffer from poor air quality and heavy traffic congestion.

Only 8% of Indians own a car — now imagine if that number rose by just 10%. The impact on traffic and pollution would be significant.

Tax revenue should be invested in developing robust public transport infrastructure.

[wildsdi5530]

Originally Posted by ABHI_1512

In this forum, we prefer facts and not imagined things. So I have highlighted your statement in bold so as to give you something which is an established fact.

Actually I agree with @notme, Direct taxes are paid by <3% of our population, smuggling, boot legging, etc. takes care of duty on foreign goods. Property tax and professional tax is ignored by majority of the population. GST is offset against ITC. Agriculture and most small manufacturing is not taxed. Most of hospitality and entertainment is not taxed.

Thus India is a country where MOST people have very less tax to be paid.

However there are a select few who have to take up the burden of high taxation (upto 92%) to maintain the rest of the population. Fuel and GST are probably the only taxes paid by all citizens and should probably account for <30-40% of their total income. That's no where near the 70-90% paid by the middle class minority.

So if you check overall tax collection per capita, India must be the lowest, even not considering the vast unregistered population.

[volkman10]

Oil prices plummet on China's retaliation against US tariffs.

> Brent drops below $60 a barrel ( ~$ 58)
> WTI and Brent benchmarks down more than 6%
> US imposes 104% tariff on imports from China
> China responds with additional tariffs on US goods
> US crude stockpiles fell last week, industry data shows

Link:

[airbus]

Meghalaya fuel prices on 19 April: Diesel = ₹85.81, Petrol = ₹94.34



Arunachal Pradesh fuel prices today: Diesel = ₹80.35, Petrol = ₹90.84