Social Sciences, asked by arya1992yadav, 4 months ago

why is the price of all goods in the markets rise with rising of petrol and diesel price​

Answers

Answered by sweetgirl4721
0

The rise in price is due to increase in taxation by the centre and the state, to make up for loss of revenue during the lockdown. Excise duty by centre and VAT by state govt escalates prices. The tax collected is used by the central government to balance the fiscal situation.

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