BJP chief whip Biranchi Narayan pointed out that total excise revenue collection till March 14 was Rs 1,810 crore against a target of Rs 2,500 crore for the financial year 2022-23
Natural gas is currently outside the ambit of GST, and existing legacy taxes — central excise duty, state VAT and central sales tax — continue to be applicable on the fuel
The finance ministry, in a Gazette notification issued late on Friday (September 30), stated that the additional excise tax will now be levied from November 1, 2022
The duty hike on cigarettes by 16 per cent announced in the Union Budget 2023-24 would have a nominal impact of around 7-12 paise per stick across cigarette categories, according to experts
The Joint Commissioner on March 25, 2021 issued an order imposing excise duty and National Calamity Contingent Duty (NCCD) on tobacco products manufactured and sold in the Belagavi jurisdiction.
In a notification dated July 7, the finance ministry said the exemption from both basic excise duty and special additional excise duty would be applicable retrospectively from July 1
The new tax, which was also slapped on the export of petrol, diesel and ATF, is calibrated every fortnight in step with international oil prices
The central government had on May 21 cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 to give relief to consumers battered by high fuel prices that have also pushed inflation to an all-time high
The contention was denied by Balagopal who claimed that the reduction was a conscious decision and not a proportionate decrease. He had also said that the...
Sitharaman said she is sharing some useful facts on levies on petrol and diesel for the benefit of all.
The Centre on Saturday reduced excise duty of Rs 8 per litre on petrol and Rs 6 on diesel, lowering petrol prices by Rs 9.5 per litre and diesel by Rs 7.
The prices of some of the vegetables in the state including tomato were above Rs 100 a kilo, said AIADMK Coordinator O Panneerselvam.
There is a variation of up to Rs 3 in the rates in different parts of the state, depending on the transportation cost of fuel, said an official.
Petrol price on Sunday was slashed by Rs 8.69 a litre and that of diesel by Rs 7.05 per litre following the government's decision to cut excise duty on auto...
Finance Minister Nirmala Sitharaman announced a host of measures that are expected to provide a safety net to India’s poor, reeling under the pressure of...
The government on Saturday announced a record Rs 8 per litre cut in excise duty on petrol and Rs 6 per litre reduction on diesel
Imran Khan earlier praised Indian foreign policy when New Delhi went ahead with Russian oil purchases despite Western pressure to not do so.
Union Home Minister Amit Shah welcomed the decision to reduce excise duty on petrol and diesel and said that Modi government has given a huge relief to the...
The Narendra Modi government cut excise duty on petrol by a record Rs 8 per litre and that on diesel by Rs 6 per litre, while it also decided to give Rs 200...
Union Finance Minister Nirmala Sitharaman also announced measures aimed at reducing prices of plastic products, iron, steel, and cement.
With this, petrol will be cheaper by Rs 9.5, whereas diesel will be cheaper by Rs 7.
Congress hit back at PM Modi over his attack on the opposition-ruled states for not reducing VAT on petrol and diesel, saying the excise duty during UPA...
CM Thackeray also accused the Centre of giving a step-motherly treatment to Maharashtra.
PM Modi said that states may provide relief to people now by reducing taxes that they were supposed to do last November.
Congress demanded that the government should give an account of the Rs 26 lakh crore ‘accrued’ through excise duty on petrol and diesel in about eight...
