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Govt hikes excise duty on petrol, diesel; fourth raise in excise duty since November

Jan 16, 2015

Govt hikes excise duty on petrol, diesel; fourth raise in excise duty since November

A finance ministry notification said excise duty on unbranded petrol is being hiked to Rs 8.95 per litre and that on unbranded diesel to Rs 7.96 per litre. #Economy #finance ministry #NewsTracker #Petrol #Indian Oil #Diesel #excise duty #Dharmendra Pradhan
Govt meets 60.6% indirect tax collection target during Apr-Dec

Jan 13, 2015

Govt meets 60.6% indirect tax collection target during Apr-Dec

The customs duty mop (at Rs 15,222 crore) was up by 5.4 percent in December on an annual basis. #Economy #finance ministry #NewsTracker #service tax #excise duty #Indirect tax
Mercedes to hike prices by 4% from 22 Jan to offset excise duty hike

Jan 13, 2015

Mercedes to hike prices by 4% from 22 Jan to offset excise duty hike

German luxury car maker Mercedes-Benz will increase prices of its products in India by 4 percent across models from 22 January to offset impact of higher excise duty, post withdrawal of concessions by the government. #Germany #Maruti Suzuki #Hyundai #Honda #Mercedes Benz #AMC #A Class #GM India #excise duty hike #S500