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You Searched For "excise duty" and got 16 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   


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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   


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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…

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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…

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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   


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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…

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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…

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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…

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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…

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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…

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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   


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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   


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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   


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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   


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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   


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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…