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PETROFUELS
July gave GST a warm welcomeSecond-highest haul good sign for growth- GST headroom for states with conditionsFewer and lower GST rates will boost consumption and improve compliance. Bringing petro-fuels and real estate under GST will shore up colle...
- Happy Diwali on the GST frontThe rise in the issuance of e-way bills, which track inter-state movement of goods and services, is reassuring. It mirrors the pick-up in t...
- Roll back some fuel taxes to feed growthThe way forward clearly is to broad-base and modernise taxation in general, and include petro-fuels and power in the goods and services tax...
- Spend, government, borrow and spendSo long as growth triggered by government borrowing is higher than the interest rate, things are just fine.
- Good Augury of High GST CollectionsGST revenues for June, collected in July, stood at ₹1,16,393 crore, 25% higher than the preceding month. The rise came both from domestic t...
- Time to pare taxes on petro-fuelsTaxes on petrol and diesel add up to two-thirds of retail prices, at an all-time high now and a threat to economic recovery. Note that taxe...
- Four years later, the good timesRevenues from GST have stayed over Rs 1 lakh crore for eight consecutive months of dented growth during the pandemic.
- Who’s afraid of transient inflation?Inflation is being fuelled by hardening crude prices, magnified in retail prices of petro-fuels by cascading fuel taxes, besides supply bot...
- Can Compressed Biogas become an alternative to costly petro-fuels?Focus on the government's Sustainable Alternative Towards Affordable Transportation ( SATAT) scheme that aims to boost availability of more...
- View: The added burden of taxes, the aspect that went almost unnoticed in Q2 GDP narrativeAt a time when the government’s focus has been on providing relief to those who eke out a living, in normal times, in the neighbourhood of ...
- The price we pay for opaque oil pricesThe objection has no merit. The real solution to cost-padding in petrofuels is independent marketing, so that genuine competition brings do...
- Dual pricing of diesel makes no senseThe price arbitrage for guzzling subsidised diesel would almost certainly lead to a host of directly-unproductive profit-seeking activitie.
- ET Awards 2012: Enough left to achieve for a new Agenda for RenewalJudicial expansion and reform, reform of education, decontrol of petro-fuels, complete overhaul of political funding, prior zoning for urba...
- Policy paralysis: Prime Minister Manmohan Singh must act to keep the India growth story intactIt is all very well for the Prime Minister to say that he will cut red tape but he must act, rather than talk or set up committees.
- Investment revival is the key, to reverse the declining trend in industrial growthThe country’s industrial output growth virtually halted in April due to a steep fall in capital goods production.
- We need decontrol of all petro-fuels, not massive, occasional petrol price hikesConsidering how much global crude prices have moved up since the last time retail prices were changed on December 1, there is no doubt that...
- Sham protestOpposition parties disrupted normal life in many parts on Monday.
- Need to strike out such farceThe right to life, liberty and the pursuit of happiness is fundamental. Assertion of formal rights by a mobilised populace is, indeed, the ...
- Focus on raising outputThe Reserve Bank of India has accelerated its planned exit from the crisis-induced extra accommodation of credit demand by raising both the...
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