You Searched For "Excise Duty" and got 20 results
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1 min read
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
1 min read
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
2 mins read
Levies on on petrol, diesel jump even as crude remains below $80/bbl
The government's revenue generation through levy of excise duty saw a growth of 126 per cent bet…
2 mins read
Both GST and Excise duty can be imposed on tobacco: Karnataka HC
"The levy of excise duty on tobacco and tobacco products is a matter of public policy and this…
PTI
4 mins read
Gone with the windfall tax: ONGC loses a fifth of its market value
State-run oil and natural gas explorer ONGC lost a fifth of its value in just a week after the Indi…
4 mins read
India’s exports have a long way to go and the curbs are not helping
During 2021-22, India exported goods and services worth $669.7 billion (22.8% of GDP) as against $5…
1 min read
Chidambaram triggers state vs center revenue debate after govt's excise cut on fuel
Senior Congress leader P Chidambaram on Sunday wondered whether the states can afford to give up re…
PTI
3 mins read
Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union Budget
"There is substantial proof that tobacco increases risk for severe Covid infection and complicatio…
PTI
1 min read
Petrol and diesel get more expensive in Odisha as government hikes value-added tax
The Odisha government has hiked Value Added Tax (VAT) on petrol from 26 per cent to 32 per cent and…
2 mins read
The excise duty on petrol rises by ₹10 and on diesel by ₹13 starting May 6
However, the notification clarified that the retail price of fuels won't rise to avoid hurting t…
1 min read
No proposal to raise excise duty on cigarettes, 'bidis' and smokeless tobacco, says Centre
"The GST rates on goods are fixed on the basis of GST Council recommendations. At present, the…
1 min read
Delhi government exempts road tax on battery-operated vehicles under its EV policy
The Transport department, in it notification issued on Saturday, stated that the Lieutenant Gov…
2 mins read
What is Excise Duty and How it is calculated
Excise duty is levied on the goods that are manufactured within India as against the custom du…
2 mins read
Govt considering specific excise duty on ATF
ATF presently is chargeable at 11 per cent ad valorem rate of excise duty.
PTI
3 mins read
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …
PTI
1 min read
Maharashtra excise dept to start online token system for liquor sale
Under the new system, a person can get a token by registering on the state excise departments po…
PTI
1 min read
Assam govt hikes excise duty on IMFL by 25 per cent
At meeting the Cabinet also decided to give nod to the Assam Agricultural Produce and Livestock Mar…
PTI
2 mins read
The hike in excise duty on petrol and diesel is good news for these two companies
The rise in the price of petrol and diesel might force many consumers towards Compressed natural…
2 mins read
Record excise duty hike unlikely to help bridge fiscal gap: Report
On growth, the report said best case scenario offers 1.5 per cent growth in FY21, lower than the 2…
PTI
1 min read
Rajasthan hikes excise duty on liquor, beer to make up for revenue shortfall
Hurting from the huge revenue losses due to lockdown, the Rajasthan government has increased exc…