05 November Tuesday

Ache Din : World’s Highest Taxes On Fuel Cost In India; 68% Of Price Is Various Taxes

Web Desk(Tvm)Updated: Saturday Nov 6, 2021


New Delhi : India levies the world’s highest taxes on domestic fuel prices - the major component that impacts all sections of its vast population. As per a report  by the Indian Oil’s Petroleum Planning and Analysis Cell, India topped the global chart on  fuel price taxation, back last year itself.

On retail price currently paid by consumers countrywide, 68 percent are varied taxes imposed by the government.

 

 

 

 

 

 

 

 

 

 


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