Petrol diesel tax collection increased to 79 per cent in covid pandamic
Important information about the central government collecting taxes at an unprecedented rate from petrol and diesel has come to light recently by paying a lot of money to the general public who have declined earnings in adverse circumstances of the coronal period. Based on the available information, Mahagannik (CAG) has revealed the secret behind the rising price rise in the country. According to a recent CAG departmental report, in May last year when the entire country was locked in lockdown, At that time the central government had charged petrol excise duty from Rs 22.98 to Rs 32.9 per litreIncreased to Rs. 43 per cent at a time. The excise duty, which was increased on May 5, 2020, increased from Rs. 18.83 to Rs. 31.80. The growth rate in diesel is 68 per cent.
Naturally, its direct impact has fallen on the general public. According to cag report, the central government had collected a total tax of Rs 2.39 lakh crore from petrol, diesel and natural gas in the financial year 2019-20 i.e. April 2019 to March 2020 before the covid surplus spread to India
In the next financial year i.e. 2020-21 financial year, when the entire countrymen became in the fury of Covid-19, At that time, the Central Government collected Rs 3.89 lakh crore from the general public under the additional tax burden on petrol, diesel and natural gas. In just one year, the tax collection increased to 63 per cent (Rs. 1.50 lakh crore). On May 5, 2019, petrol was now due to the excise duty increased by the Centre at an unprecedented rate, Diesel prices are going up by over Rs 100 per litre
On the other hand, According to cag report, the central government has collected taxes worth Rs 1.71 lakh crore from petrol-diesel in the first six months of the current year i.e. January to June. The tax collection was in the first quarter of last year i.e. 2020. Rs 1.28 lakh crore. It should be noted that the government collected taxes from the public as per the increased excise duty for nearly two months of the first semester last year. According to cag report, comparative analysis of taxes collected from April to September 2019 It will be seen during that period of 2020The Centre has collected 79 per cent more taxes from petrol and diesel during that period. It should be noted that the price rise of petrol and diesel is not limited to itself. It has a far-reaching trend. The price of essential commodities is also essential for the hike in petrol-diesel prices. Now the sky is over. Because vehicles carrying goods mainly run on diesel. Last year, the Central Government increased the excise duty on diesel by a maximum of 63 per cent. It should be noted that the rising price of petrol and diesel in the entire country as well as in Assam is universal There is anger among the general public