The central government has reduced windfall tax on crude petroleum, according to a government notif…

"The levy of excise duty on tobacco and tobacco products is a matter of public policy and this…

"There is substantial proof that tobacco increases risk for severe Covid infection and complicatio…

However, the notification clarified that the retail price of fuels won't rise to avoid hurting t…

"The GST rates on goods are fixed on the basis of GST Council recommendations. At present, the…

Excise duty is levied on the goods that are manufactured within India as against the custom du…

Commenting on the excise duty hike, Vikas Halan, Senior Vice President, Corporate Finance, Moody's …

ATF presently is chargeable at 11 per cent ad valorem rate of excise duty.

The CPI inflation touched an eight-year high in April, at 7.79%. The rising inflation will not come…

New Delhi, May 5 () The government on Tuesday evening hiked excise duty by a record Rs 10 per litr…

Service tax is applicable to be paid by the entities that provide services like consulting…

Oil companies supply oil to Indian government at the rate of Rs 29.54 per litre (inclusive of their…

This is the second hike in excise duty in less than two months and will help government garner …

The government had on March 14 raised excise duty on petrol and diesel by Rs 3 per litre each to r…

Cigarette smoking is injurious to health

Government sources said that while the benefit of reduction of crude prices in the first quarter o…

According to the report, there was a loss of Rs 26,190 crore in 2012. Amongst the various sectors,…

The apex indirect taxes body, CBEC, has said that only those manufacturing goods in India can enjoy…

Paid a bomb for fuel today? Since June last year, India has had a dynamic pricing regime, wh…

"With fuel export tax for refiners being reviewed every fortnight, we see limited impact on RIL's e…