Friday, November 4, 2011

Prices of Petrol going up is a step in a right direction !!

With Limited knowledge of Finance that i have, me writing this article doesn't make sense,but still after watching news for 2 hours, i could not stop myself writing this blog.
Prime Minster Manmohan singh said the "Prices of Petrol should be dependent upon actual market rate and government should not deregulate the Prices"

I completely agree but then i would say THERE IS NO POINT TAKING ANY TAX from Indian Citizens
if we have to bear the cost of everything then what really is the point of giving tax, don't tax us and EFFECTIVE COST OF PETROL WOULD BE Rs 23/ Litre

Further looking at the Traffic on Roads, this would lead to less traffic on roads and less pollution also,so all in all it is a step in right direction

Thanks n now you understand why i did not do my MBA in Finance :)

AAP
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