Petrol Prices on Fire: Here's Why
Channel: NewsClickin
Date: 2021-02-16

Petrol and Diesel prices have risen by nearly 25% in the last one year even though crude oil prices have fallen marginally. This is because taxes have seen a steep rise. Central and state taxes now make up 70% of the price paid at a petrol pump at a time when even the society's affluent sections have faced a drop in earnings.