How Does the Government Earn Revenue from Fuel? 💰

Discover the mathematics behind how fuel prices impact government earnings, especially during inflation and rising petrol costs in June. Understand the financial dynamics in detail.

How Does the Government Earn Revenue from Fuel? 💰
Aaj Tak
14 views • Jun 15, 2021
How Does the Government Earn Revenue from Fuel? 💰

About this video

In the midst of the Corona crisis, inflation is also making new records in the country. So far in June, the price of petrol has increased 8 times. Between the years 20-21, a 77% increase has been registered in the excise duty collection on petrol and diesel. 3.9 lakh crore taxes were collected from petrol and diesel in the year 2020-21. Which was Rs 2.2 lakh crore in the last year 2019-20. Watch video.

Video Information

Views

14

Duration

3:51

Published

Jun 15, 2021

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