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3 mins read
To get more oxygen concentrators, Remdesivir injections and COVID-19 vaccines, India temporarily lifts customs duty and cess on imports
Facing supply shortages on multiple ends, the Indian government has decided to lift the customs dut…
3 mins read
Cess on imported medical devices to lead to cost escalation for patients: MTaI
New Delhi, Feb 2 () The Medical Technology Association of India (MTaI), that represents mainly rese…
PTI
1 min read
Increase in cess on cigarette to escalate its smuggling: Tobacco Institute of India
New Delhi, Feb 1 () Imposition of additional duty on cigarette by the government would increase pre…
PTI
1 min read
GST Council to review revenue position, compensation cess on Dec 18
New Delhi, Dec 4 () The GST Council meeting scheduled to be held on December 18 is likely to delibe…
PTI
3 mins read
Haryana liquor vends reopen from Wednesday, booze to be costlier as 'Covid cess' imposed
"We are collecting exact data, there is a warehouse and a police godown and it remains to be seen w…
PTI
3 mins read
Payment to states delayed due to low realisation of GST compensation cess: FM
"There cannot be any tweaking here. Formula is given by the finance commission and the formula is …
PTI
2 mins read
Ex finance secretary favours 4 rate income tax structure without cess
New Delhi, Jan 19 () Ahead of the Budget, former Finance Secretary S C Garg on Sunday suggested a s…
PTI
1 min read
Govt exempts customs duty, cess on ventilators, surgical masks, PPE, Covid-19 test kits
"In the context of Covid-19 situation, considering the immediate requirement of ventilators and oth…
PTI
2 mins read
India is mulling the introduction of a “natural disaster tax” to fund relief efforts
In the aftermath of the Kerala floods in late August, in which close to 500 people died and the dam…
2 mins read
Maharashtra’s groundwater crisis is so bad that farmers might need special approval to plant water-intensive crops
The WWRC will be a district-level body comprising of a panchayat leader as well as officials fro…
1 min read
Agri infra cess of 30% on kabuli chana, 10% on peas, 50% on bengal gram/chick peas, 20% on lentil (mosur); 5% on cotton imposed in Budget. PTI ANZ BAL
Agri infra cess of 30% on kabuli chana, 10% on peas, 50% on bengal gram/chick peas, 20% on lentil (…
PTI
1 min read
Luxury car market’s dream of double growth may hit a roadblock. Here’s why
The luxury car market, which was upbeat about lower GST rate on large vehicles, may see a steep…
1 min read
Get ready to pay more for phone bills, dining out and using internet as Krishi Kalyan Cess kicks in from June 1st
And now, the Krishi Kalyan Cess has further increased it to 15%, making it look like that the servi…
2 mins read
Traveling, eating out and phone bills to get expensive as Arun Jaitley plans to hike service tax
The move, that will make flying, eating out, phone bills and a host of other services expensive, wo…
1 min read
SC is ready to lift ban on sale of large diesel-run vehicles but with one condition
However, the Supreme Court said the relaxation will be subject to a levy of one-time environment co…
1 min read
Removal of cesses for GST would cost government Rs 65,000 crore
The bills amended include the Customs Act, 1962, the Customs Tariff Act, 1975 and the Central Excis…
2 mins read
Eating out gets expensive with Swachh Bharat cess
According to Revenue Secretary Hasmukh Adhia, the Government expects to collect around Rs 10,00…
1 min read
Tax Alert! You could soon be paying cess for the Swachh Bharat Abhiyan!
The government is mulling over levying 0.5% cess on petrol, diesel and telecom services, a 1% cess …
2 mins read
Budget 2016 likely to give oil cess relief to domestic producers
"There are indications the Budget may announce an ad valorem rate of cess instead of Rs 4,500 per t…
1 min read
Finance Ministry to refund Swachh Bharat cess paid by SEZs
Providing relief to SEZ units and developers, the Finance Ministry today said they will be entitled…