Fuel price hike - a hoax

The government has been taking the citizens

for a ride with every fuel price hike attributing the
blame on international market. Now that the
citizens getting wise, it is high time for the
governments to mend their ways.

WE THE PEOPLE OF INDIA are aware that as

per the prevalent rate, when the Oil Companies hike
the price of fuel by Rs.1/- we at Trivandrum are
made to pay Rs.1.526 (adding 52.6% of central and
state taxes) and an advalorum increased sales tax
levied by the State resulting in a cascading effect
on the net price. Believe it not, as per Hindu report,
in the recent price hike the Kerala Government got
an additional revenue of Rs.250 crores in increased
sales tax according to Union Minister of Petroleum &
Natural Gas Sri.Murali Deora though he kept mum
on Central Governments gain in taxes.

In view of empowering the Oil Companies to

decide the citizens plight, the government should at
least make a decision now, not to make their own
additional contributions to the future price hikes.
They should resort to taxation at fixed amount
rather than percentage basis lest we are made to
pay 52.6% of the price hike and additional sales tax
for every hike in prices. The pity is that apart from
bearing the blunt WE THE PEOPLE OF INDIA are
made mute witness to the State and Central
governments mudslinging that they have no
contribution to the net price hike.