Edit this postIf we consider the petrol prices in neighbouring countries we will find that India is selling petrol at highest prices @ Rs 70 per litre. Just have a look at the petrol prices per liters in neighbouring countries:
- Pakistan – Rs 26
- Bangladesh – Rs 22
- Cuba – Rs 19
- Nepal – Rs 34
- Burma – Rs 30
- Afghanistan – Rs 36
Analysis suggests the reason for the high petrol price and factors leading to high cost price are as appended below:
- Basic cost per litre – Rs 16.50
- Centre Tax – 11.80%
- Excise Duty – 9.75%
- Vat Cess – 4%
- State Tax – 8%
All above taxes lead to the highest petrol prices in the whole world.
Check our daily hot stock of the day and make money like professionals and you will stop worrying about the high petrol price; as you will achieve financial freedom and your money worries will become a thing of the past.
