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6 mins read

Indian government’s budget dilemma – curb the sale of cigarettes or let the over $12 billion tobacco industry provide the much needed cash

The Indian government has proposed several changes to the Cigarettes and Other Tobacco Products …

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1 min read

FICCI CASCADE for status quo on GST rate on tobacco products to check smuggling

New Delhi, Dec 17 () Ahead of crucial GST Council meet on Wednesday, industry body FICCI's arm made…

PTI   


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2 mins read

Three-tier GST rate structure could be announced as soon as next financial year, says report

The idea is, sources said, to move away from the present broad five rate structure of zero, …

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1 min read

Government wants you to ditch tobacco by making it costlier

The health ministry, in its memorandum, suggested that exemptions from the high taxation norms shou…

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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   


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4 mins read

Budget 2020: Auto industry expectations range from GST cuts to another EV boost

On the top of the many requests of the sector is a GST cut. The transition to BSVI vehicle…

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3 mins read

GST intelligence officials detect Rs 105 crore tax evasion by Indore-based cigarette manufacturer

As part of 'Operation Kark', the DGGI Bhopal officials had conducted searches in the premises of o…

PTI   


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3 mins read

GST Council to meet on Wed amidst talk of rate hike to meet revenue shortfall

New Delhi, Dec 17 () The GST Council will meet on Wednesday to review the taxation structure for sh…

PTI   


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3 mins read

Under fire, govt releases Rs 35,298 cr GST compensation to states

According to Sitharaman, during the current fiscal year that began in April 2019, cess collections…

PTI   


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2 mins read

Slash GST on Auto LPG, address policy issues stalling growth: Industry body to FM

New Delhi, Jan 26 () Leading industry body Indian Auto LPG Coalition has sought GST reduction on Au…

PTI   


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2 mins read

Indian PM Narendra Modi promises his government will slash GST rates on over two dozen consumer items in the highest tax category

Earlier this year, India’s GST Council removed about 14 items from the highest tax category.…

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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…