November 9, 2015 5:52 PM
Taxes exceed actual cost of petrol
With excise duty being hiked five times in a year, taxes and duties now exceeded the actual cost of production of petrol. As much as Rs 31.20 in the retail price of Rs 60.70 a litre of petrol in Delhi is because of central and excise duties.<br/> <br/>Based on average cost of gasoline an...