Government have hiked Diesel price by Rs.3/-, Kerosene by Re 1/- and cooking gas by Rs. 50/ per cylinder. The minister says consumers can absorb this. But he has ignored that this also leads to hike in state taxes which are value based or ad valorum. Needless to say, this will further fuel inflation.

http://www.indianexpress.com/news/Consumers-can-absorb-hike--Reddy/808537/

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

Like it on Facebook, Tweet it or share this topic on other bookmarking websites.
This hike in price will effect the consumers to a large extent and every time government thinks that an increase in hike is modest and consumers going to easily absorb it. Really it effects life of a common man to a large extent but what can be done rather accepting it and move on because after a few days everything seems to be settled and men will learn to live up with these hikes....
The Minister calls it modest!! The joke of the year! Then these ministers live in their own make-believe world - the latest one is going to hurt the common man very hard and its impact on the raging inflation would be just terrible!
Govt. is under fire from allies including Trinmool congress, the left and NDA all. DMK has asked for roll back.

http://www.hindustantimes.com/Govt-under-fire-from-ally-Oppn-on-fuel-price-hike/Article1-713509.aspx

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

I donot understand why the Government that has been elected to take care of us is inturn ruling us like dictators rather than democrators!! :(

No respite to Indians...no wonder we are always inclined towards corruption

Swetha Shenoy
West Bengal Government has given some relief to people by slashing cess on cooking gas. This is welcome, as fuel is an important expense in kitchen of every household.

http://economictimes.indiatimes.com/news/politics/nation/west-bengal-slashes-cess-on-cooking-gas/articleshow/8990339.cms

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

Yes this will bring some respite to the common people of Bengal and will surely help to manage their budget in an effective way...Again the state Chief minister showed her concern about the common men of Bengal....
I think the present government doesnt have any answer for the hike in gas,petrol and other common household necessities. The life of common man has become very difficult as salaries are not increased.
It will be very difficult to common people to afford this price hike.

Visit my blogs:

http://abidareacode.blogspot.com
This price hike going to affect poor and middle class family....Our state government should reduce sales tax to avoid this type of hike....
Almost all the political parties except Congress have come out strongly against it sensing the public mood but the hypocrtical part of it is that all these parties supported this kind hike at one time or other!
You do not have permissions to reply to this topic.