The increasing crude oil prices has an impact on almost all the sectors of the company. The consumers being at the end of the production chain are bearing the impact. The government by reducing the taxes can keep a check on fuel prices and reduce the burden on the consumers.
source https://www.caclubindia.com/articles/impact-of-rising-crude-oil-prices-45928.asp
source https://www.caclubindia.com/articles/impact-of-rising-crude-oil-prices-45928.asp
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