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Comments by "The Reckon" (@thereckon3592) on "Why Did It Take 28 Years For Justice In The Sister Abhaya Murder Case? | CRUX" video.
India now has the highest taxes on fuel in the world! https://energy.economictimes.indiatimes.com/news/oil-and-gas/india-now-has-the-highest-taxes-on-fuel-in-the-world/75590141 Central Excise Duty : Petrol : ₹32.98/Litre(2020), was ₹9.48/Litre(2014). Increase of 348%. Diesel : ₹31.83/Litre(2020), was ₹3.56/Litre(2014). Increase of 894%. State VAT is levied on top of central excise duty so basically a ₹1 drop in central duty would decrease fuel prices more than the same ₹1 drop in state VAT. In 2014, states made more money from fuel prices than what states are making in 2020 out of the excise duty divisible pool. In 2014 ₹6.35 out of ₹9.48 went to divisible pool and in 2020 only ₹2.98 out of ₹32.98 goes to divisible pool.
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@Chief-czar True! Retail inflation is getting higher as well. Fuel prices always affects food prices.
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