Most states now levy greater tax on petrol than the central government, without having to share the subsidy burden. After last week’s increase in prices, state sales tax/VAT on petrol is more than central excise in most cases. The central government levies a fixed excise duty of Rs 14.78 on every litre of petrol. But, states levy an ad valorem tax which, in absolute terms, increases with every price increase of...

-The Times of India   Minutes after the Congress demanded relief from the steep hike in petrol price, state-run oil marketers on Thursday indicated they could reduce the price by the month-end if the rupee and international oil prices held steady.  "Current trend indicates that prices can come down," IndianOil chairman R S Butola said. He was speaking just after Congress publicly asked for a reduction in the hike.  "We are genuinely sensitive to...

In a Bangladeshi folk story, a disabled grandfather is carried by his son in a basket, to be abandoned in the forest. On seeing this, the grandson calls out, 'Father, please be sure to bring back the basket. I will need it when you grow old'. Three thousand ageing men and women gathered in Delhi in the blazing midsummer heat to demand a universal pension for all aged people, not...

-The Telegraph Parliament has passed the country’s first comprehensive law on sexual crimes against children, removing several factors that may intimidate a minor while filing complaints. Under the new act — the Protection of Children against Sexual Offences Bill — a child will no longer be treated on a par with an adult in case of sexual abuse. It empowers a child to file a complaint from his or her own room, give...

-The Times of India The legislation to protect children below 18 years from sexual abuse became a reality on Tuesday with Lok Sabha passing the bill earlier cleared by Rajya Sabha. Parliament's nod came with the decision to keep the age of consent at 18 years despite opposition from child rights activists. The bill provides for special courts for speedy trial of cases and stringent punishment up to life term for the...