Tax Include in Patrol Price
Government will decide to cover up to Oil Company’s loss by increase petroleum price. Petroleum and natural gas Minster Mr. Murli Deora meeting with finance minister p. Chidambaram both are deciding who cover up to oil companies losses. They have decided reduce production tax and export tax. Now in international business market increase oil price this effect also seen in domestic companies now this year they will bear loss minimum 2 million dollar.
Petroleum minister has planned last week increase petroleum price and reduce tax price. One thing also decide they sell petrol sell price but that’s petrol price will increase minimum 15 and 16 rupees. But this year voting time that’s government never decide to increase petrol price.
If petrol and diesel price will increase then cost of other item will also increase. Transport companies said if petrol and diesel price are increase we are also increase his price. This time government never deicide last decision they can take decision coming two three week. This increase also effect for tax payer.