ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

TaxesSubscribe to Taxes

Petrol and Diesel: How Government Taxes Keep Retail Prices High

Even after deregulation of pricing, the movement of retail prices of petrol and diesel is not directly related to global crude oil prices. Taxes make up around two thirds of the petrol and diesel prices paid by consumers.

Politics of Inflammatory Oil Price Rise

Convoluted petrol and diesel taxes only fill central coffers at the expense of consumers and states.

Inflation with Disinflation?

Price inflation in India as measured by the Wholesale Price Index and the Consumer Price Index has shown diverging trends. While WPI indicates a disinfl ationary situation for 16 months, CPI indicates inflation. Explaining the construction of the two indices, the trends of subgroups of both indices are presented. It is found that the different sample sizes and weightages of commodity groups of both indices and price interventions in the market explains, at least in part, this odd situation of infl ation along with disinfl ation.
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