Car Owners May Not Get Subsidised Diesel + “Special Tax” on Diesel Cars

[basis]

Re: Car Owners May Not Get Subsidised Diesel

govt now gonna remove subsidy on diesel and increase rate @ rs.10!!

any supportive url./link please?

 

[FJ CRUZER]

Re: Car Owners May Not Get Subsidised Diesel

govt now gonna remove subsidy on diesel and increase rate @ rs.10!!

Since the UPA is in power I always owe my salary hike to the inflation! Nothing special if Diesel goes up by 10-15 rupees. Vote then to power again in 2014 and we will soon buy Petrol @ 150 Rs/Ltr & Diesel @ 125 Rs/Ltr.

 

[basis]

Re: Car Owners May Not Get Subsidised Diesel

50% of passenger cars now sold run on diesel - The Times of India

 

[sankalp_1980]

Re: Car Owners May Not Get Subsidised Diesel

Car Owners May Not Get Subsidised Diesel

Now It's better to wait until 2014 When Hybrid cars will come in India.

Got Some Good info here about "Subsidy" goof-up Created by GOI-

The Government is NOT providing any subsidy. It is just virtual subsidy. Wake up people. Price of Crude : $115/barrel = Rs 5750 1 barrel = 160 litres Therefore 1 litre crude = Rs 36 Price of processing is approx Rs 3-4 per litre If there is no tax, all products can be sold at a uniform price of Rs 40 per litre.What the government does is that it collects say Rs 20 per litre and then reimburses Rs 10 back to the OIL PSUs..But still the govt is collecting Rs 10 per litre as tax. Then how come the Govt says that they are paying subsidy?? Already we are paying high Income Taxes,and all the different indirect taxes,why does the govt want more taxes? All the taxes levied on Oil will ultimately go only to the politicians pockets and then to the swiss bank. Wake up people and open your eyes as to how the Present Govt is looting the country audaciously.

 

[Tornado]

Re: Car Owners May Not Get Subsidised Diesel

Govt can never remove diesel subsidy (in general)if they want to stay in power.. Removing it for only for diesel cars will lead to black market.

Govt. has not accepted the Parikh comitee recommendation of imposing separate tax on diesel cars during the budget. Recently toyota (etios, altis), chevrolet (beat,) maruti (ritz, swift) and many other have invested major capital in diesel car manufacturing.
If govt imposes extra tax on diesel car, then equal and high ownership cost of diesel car will lead to slowdown in auto (diesel car) leading to wastage of recently invested capital. Also the majority custemer s are likely to stay away from both petrol and diesel cars, leading to load on public transport, their on subsidised diesel and infrastructure, Govt is not capable of handling such duel load at present, as govt. has to spend most of its income on nonproductive beurocracy and bpl schemes.

Govt. can't afford the slowdown, as auto industry brings major tax collection to its exchequer.

Also auto industrialist s extend financial support to political parties in power.It's not that the govt. cares for common tax payer.

Indian diesel car custemer takes benefits of low cost fuel during its first 1lakh km, then sales off the car fearing the the cost of heavy maintainance cost later on. Then he becomes new custemer for new car. Petrol car don't have heavy maintenance in long run , but custemer prefers to spend initial extra cost (loan)on new diesel car rather than fuel cost of petrol for which no loan facility is available. Auto makers have understood the economics well.

So neither subsidy reduction nor an extra tax on diesel car seems possible in near future.

 

[Tornado]

Re: Car Owners May Not Get Subsidised Diesel

Govt of maharashtra , imposed 2% tax on petrol cars,5% on diesel car.
Rs 5 lakh diesel car will now cost 5.25 lakh. Petrol version of same car costing 4.25 lakh will cost 4•34 lakh.so total difference of Rs 86 k.

 

[FJ CRUZER]

Re: Car Owners May Not Get Subsidised Diesel

Govt of maharashtra , imposed 2% tax on petrol cars,5% on diesel car.
Rs 5 lakh diesel car will now cost 5.25 lakh. Petrol version of same car costing 4.25 lakh will cost 4•34 lakh.so total difference of Rs 86 k.

Correction, tax on diesel cars is 4%.
source - Maharashtra times front page.

 

[Tornado]

Re: Car Owners May Not Get Subsidised Diesel

Pune `sakal' news paper -it's 2% for both diesel and petrol cars.

 

[FJ CRUZER]

Re: Car Owners May Not Get Subsidised Diesel

Pune `sakal' news paper -it's 2% for both diesel and petrol cars.

Hope you know the birth of Sakal? The error is expected from their side

Anyways, we will be the richest people in the country as we will buy most of the things at a much higher rate than other states

 

[vaibhav]

Re: Monthly Discounts / Schemes on Indian Cars.

Damn
Diesel prices being deregulated
Petrol; cars will be back in flavour

 

[tornado78]

Re: Monthly Discounts / Schemes on Indian Cars.

Damn
Diesel prices being deregulated
Petrol; cars will be back in flavour

Nope,
Still diesel will be costly by 2-3 rs maximum, so petrol and diesel differenc ewould be around 20rs
Plus Diesel cars are more fuel effecient than petrol versions.
so be happy

 

[Raja]

Re: Monthly Discounts / Schemes on Indian Cars.

Nope,
Still diesel will be costly by 2-3 rs maximum, so petrol and diesel differenc ewould be around 20rs
Plus Diesel cars are more fuel effecient than petrol versions.
so be happy

dear I think the prices will be market determined .

 

[Superbad]

Re: Car Owners May Not Get Subsidised Diesel

If that happens there will be riots on streets like some south east asian countries.

 

[vaibhav]

Re: Car Owners May Not Get Subsidised Diesel

Then i will have to cancel dezire ldi and buy an Alto

 

[mbt_india]

Re: Car Owners May Not Get Subsidised Diesel

If diesel is deregulated in totality, price would shoot up by at least Rs.12 to 13 per litre. However, such massive increase is not practical, hence government may deregulate diesel partially. Expect an increase of Rs. 4 to 5 per litre soon.