INDIAN SUBSIDY IS A HOCUS-POCUS
Indian government or State government is not giving subsidy to any one of the Indians. It is kind of paper transaction only. India is collecting high taxes from the public in various goods and other miscellaneous factors. Such taxes are not collecting any where in the world except India.
They are importing items in cheap rate and imposing taxes on the product about 60%. The taxes collections are calculating every financial year. The reduction of 20% taxes allowed to the materials are selling to the public is called Subsidy in India. When the total calculation of Tax collections comes in a financial year according to 60% for example Rupees 5000 cores. Out of 40% Taxes collected by the government comes to the annual income of Rs 4000 in the financial year only shall be called subsidy of Rs 1000 Cores invested to the public by the government. In reality their is no losses to the government. The subsidy deceleration is a hocus-pocus of the government and nothing is financially losing by the government in the oil field. The government increasing more cost to the petroleum product is unnecessary and cheating the public. The prices can be reduce by the government.
Indian government or State government is not giving subsidy to any one of the Indians. It is kind of paper transaction only. India is collecting high taxes from the public in various goods and other miscellaneous factors. Such taxes are not collecting any where in the world except India.
They are importing items in cheap rate and imposing taxes on the product about 60%. The taxes collections are calculating every financial year. The reduction of 20% taxes allowed to the materials are selling to the public is called Subsidy in India. When the total calculation of Tax collections comes in a financial year according to 60% for example Rupees 5000 cores. Out of 40% Taxes collected by the government comes to the annual income of Rs 4000 in the financial year only shall be called subsidy of Rs 1000 Cores invested to the public by the government. In reality their is no losses to the government. The subsidy deceleration is a hocus-pocus of the government and nothing is financially losing by the government in the oil field. The government increasing more cost to the petroleum product is unnecessary and cheating the public. The prices can be reduce by the government.
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