tag:blogger.com,1999:blog-36758718.post6903492807543597601..comments2023-11-02T15:02:58.231+05:30Comments on Just Talk...: Surely, You must be joking Mr. FinMin!Abinav Kumarhttp://www.blogger.com/profile/11177412804685109849noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-36758718.post-83599649241959275932008-05-30T16:37:00.000+05:302008-05-30T16:37:00.000+05:30@Inflation - Well this is the 'purdah' for the Fin...@Inflation - Well this is the 'purdah' for the FinMin. Petrol constitues some .8% in inflation calculation... so many believe (will post link here) that it ain't gonna affect inflation. Diesel, kerosene - yes... they affect the commonest of common man. So spare them!<BR/><BR/>@Cess - ha ha!<BR/><BR/>@ Public transport - yes they should be raised in tandem with inflation... if not oil prices!<BR/><BR/>@Excise duty - Reliance would kill the PSUs!<BR/><BR/>Anyway... the <A HREF="http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Oil__Gas/Govt_to_decide_on_fuel_price_hike_in_2-3_days/articleshow/3083092.cms" REL="nofollow">good news </A> is that the cess has been called off! ( guess PC read my blog!! :D)Abinav Kumarhttps://www.blogger.com/profile/11177412804685109849noreply@blogger.comtag:blogger.com,1999:blog-36758718.post-5614606567861932352008-05-30T16:27:00.000+05:302008-05-30T16:27:00.000+05:30I think if the petrol prices are raised, than the ...I think if the petrol prices are raised, than the already inflating inflation would inflate further! Petrol prices have a direct impact on the day to day working of everyone. So the cess is a better way i would say.<BR/>But ur Q where u say only people with cars should pay the tax, then they would increase the ticket prices in public transport. We still have same prices when oil was at 70$....<BR/>the best way is to reduce the excise duty on the import of oil...madhavjhttps://www.blogger.com/profile/07703678834151323293noreply@blogger.com