As petrol, diesel to remain outside the GST ambit, don’t expect any tax relief to cool prices

Excise duty on per liter of petrol and diesel has gone up by 258% and 820%, respectively, in the last seven years. Centre and states together have collected INR38 lakh crore during this period. Indians pay one of the highest taxes on fuel in the world and that’s unlikely to change anytime soon.
Navneet Chopra (name changed), a South Delhi-based businessman, is having a tough time balancing his monthly expenditure. He needs to do a lot of driving around the city and in NCR due to the nature of his work. “But now, even as things have opened up, I try to finish business on phone as much as possible instead of physically visiting