లాక్ డౌన్ తర్వాత భారీగా పెట్రో చార్జీలు పెరిగే అవకాశం|| Petro Prices To Rise Sharply Post Lockdown||
On 21 April, Assam increased the rate at which it taxes petrol and diesel. It issued a notification that in effect raised the price of petrol from Rs 71.61 to Rs 77.46 per litre and of diesel from Rs 65.07 to Rs 70.50 per litre. With the state under lockdown and economic activity effectively coming to a halt, this was one of the few ways in which Assam could raise money to pay salaries of government employees or fund health expenditure.
However, the architecture of petroleum pricing in India is such that a large part of petroleum tax revenues go to the centre. The import price of oil in India is a weighted average of two international benchmarks—Dubai and Oman, and Brent crude. Dubai and Oman is the benchmark for oil pumped in the Middle East. Brent crude is the classification for oil pumped in the North Sea. It is one of two benchmarks used for oil trading worldwide.
https://caravanmagazine.in/economy/petroleum-tax-states-centre-revenue
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లాక్ డౌన్ తర్వాత భారీగా పెట్రో చార్జీలు పెరిగే అవకాశం|| Petro Prices To Rise Sharply Post Lockdown|| On 21 April, Assam increased the rate at which it taxes petrol and diesel. It issued a notification that in effect raised the price of petrol from Rs 71.61 to Rs 77.46 per litre and of diesel from Rs 65.07 to Rs 70.50 per litre. With the state under lockdown and economic activity effectively coming to a halt, this was one of the few ways in which Assam could raise money to pay salaries of government employees or fund health expenditure. However, the architecture of petroleum pricing in India is such that a large part of petroleum tax revenues go to the centre. The import price of oil in India is a weighted average of two international benchmarks—Dubai and Oman, and Brent crude. Dubai and Oman is the benchmark for oil pumped in the Middle East. Brent crude is the classification for oil pumped in the North Sea. It is one of two benchmarks used for oil trading worldwide. https://caravanmagazine.in/economy/petroleum-tax-states-centre-revenue