High petrol prices in Karnataka - why, and where does it go?

silkboard - 9-OCT-2012

Petrol prices were reduced this week to adjust for rupee dollar exchange rate softening. However, back in May, our CM had promised to look into cut in cess on petrol prices, here:

Taxes & Corruption - comparative figures/estimate for Karnataka?

silkboard - 15-AUG-2011

Last week, GoI released some data on Direct Tax collections. I thought why not compare them against estimates of "alleged size" of corruption in Karnataka. Why should we compare only Direct Tax? Because to me, this corruption thing we hear about is like corporates and individuals paying additional direct tax.

Petition being sent to minister

murali772 - 6-AUG-2011

A petition as per attachment is being sent by to Sri S Suresh Kumar, Hon’ble Minister for Law, Govt of Karnataka, in the coming week. If he continues to hold the portfolio (assuming he continues as a minister), an attempt will be made to meet him soon.

High petrol prices - 59% levies in Bangalore, where does it all go?

Transmogrifier - 7-JUL-2010

[Promoting Transmogrifier's comment to a separate 'crowdsourcing' post - we need to know what is happening to the various taxes and cess that makes petrol so expensive for us. 59% of fuel price is levies, where is it all going today? Do share if you know.]

@ PublicAgenda, while conspiracy theorists make for good movie-making, it's time (like many here are suggesting) that we look at why we pay so much as in the way of levies (59%?) and much worse, get so little. Let's take two examples:

1. In one of the most capitalistic of societies, federal and state taxes, on average, are about 45.6c/gallon (for petrol) or 16.7% at today's price of unleaded petrol. What do you get for that? For 18.4c out of that (or 6-7%) you get 75,000 km of Interstate system on which you could cover 950km (that's the distance to Chennai... and back...and then back again) in 9.5hrs.

NICE Expressway toll and receipt, taxes?

silkboard - 16-SEP-2009

Wanted to share an observation. Usually, on getting a receipt, I take a quick glance to see if it is "proper". I am told a proper one is supposed to have a number, date, and tax id number of the business that is issuing it.

BBMP Online Tax Payment System

Ravi_D - 13-JUL-2009

....is functional. I paid my property taxes online last week.

IT Returns from Candidates

Ravi_D - 20-APR-2009

Curiosity led me to look at affidavits filed by lok sabha election candidates on http://www.myneta.info. Interesting. If I had a net worth of 108cr like Mr Surendra Babu (JD-S, B'lore North) does, I'm sure our tax collectors will shadow me everywhere I go. But not so for our candidates.

The Real Price of Nano

asj - 14-NOV-2008

The Real Price of Nano -

The government has reportedly offered huge tax sops of over Rs 30,000 crore (Rs 300 billion) to Tata Motors for the Nano car project, according to the State Support Agreement (SSA) signed between Tata Motors and the Gujarat government on October 7, which was leaked to the media.

P Chidambaram, Honourable Union Minister of Finance - Book Reading at Bangalore

mcadambi - 6-AUG-2008

Prajagale,

Shri P Chidambaram, Honourable Union Minister of Finance, Government of India will be in Crossword for a book reading from his book "A View from the Outside : Why Good Economics Works for Everyone"

More about the book: http://www.vedamsbooks.com/no50565.htm

When: 8th August 2008, Friday

What Time: 04:00 PM to 05:00 PM

Where: Crossword Bookstore, Residency Road