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Rising petrol prices are a burning problem in India, quite literally. Petrol prices touched Rs. 100 in Rajasthan in February which led all of us to question why the petrol prices were so high in the first place. Fuel is an essential commodity. The majority of our goods get transported by road which means high prices for you and me.

In this video, you will learn how petrol prices are calculated in India and you'll also learn how fuel prices are determined the world over. We also discuss the REAL reason why petrol prices are high, the taxes. But this discussion is incomplete without finding alternatives for tax revenue. The lesser tax revenue the Government has, the more it has to borrow. The more it borrows, the less money there is in the future to develop the country.

#petrolat100 #fuelprices #abhiandniyu

00:00 Intro
00:51 How much TAX do we paying on fuel?
01:36 Why is PETROL at 100 rupees?
03:18 Bring fuel under GST
04:04 Tax non-essential goods
05:53 Electric vehicles are the future
06:53 Conclusion
07:11 Did you like the video?

A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve

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About Us:
Abhi and Niyu is the fastest-growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth.

Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.