When you fill your tank in Delhi, more than half of the gasoline bill fade in government safes – not oil companies.
SUJAY U analyst collapsed on mathematics on LinkedIn, and revealed that the real cost of gasoline – a case of raw margins, refining and distributors – is only $ 45 per liter. However, consumers pay more than $ 100. The difference is $ 55? Often taxes.
According to Sujay, the imposition of oil on oil has transferred an amazing amount of 7.5 rupees in the central and state government accounts in the fiscal year 2023-24. This number competes with the gross domestic product compiled for Sri Lanka and Batuan. In Delhi alone, taxes represent approximately 55-56 % of the pump price.
“The government has won. Losing,” he wrote, noting that oil prices have decreased in recent months, but the consumer costs have not budged. Instead, tax rates have increased. On April 7, 2025, the center raised the duty of Al -Makous by $ 2 per liter – without a clear increase in the pump. The oil companies absorbed the rise, while maintaining the prices stable, but the profits tend.
Despite the general focus on oil companies, Sujay stressed that “they earn much less than the government.” The central government collects 60 % of the oil sector revenues from taxes, while the states are amazing 90 % of itself.
“You only feed your car,” Sujay wrote. “You feed the largest money photography machine in India.”
As gasoline prices drop even when global oil decreases, the tax burden on Indian drivers is still one of the largest heavy worldwide.
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