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Budget 2014 Jaitley to improve fiscal health by taxing aerated drinks, unhealthy cigarettes

Jul 11, 2014

Budget 2014 Jaitley to improve fiscal health by taxing aerated drinks, unhealthy cigarettes

Emulating the US system of taxing aerated drinks, the Finance Minister also chose to target aerated drinks but only those that contain sugar, sparing fruit juices and other aerated drinks like soda. #Narendra Modi #Arun Jaitley #Tax #tobacco products #Common man #Union Budget #Cigarettes #excise duty #gutkha #Dr harsh Vardhan #Budget 2014 #aerated drinks #Medical Costs
Govt to extend excise duty concessions on cars, capital goods, says Jaitley

Jun 25, 2014

Govt to extend excise duty concessions on cars, capital goods, says Jaitley

Finance Minister Arun Jaitley announced today announced that the government has decided to extend excise duty concessions for automobiles, consumer and capital goods by six months to 31 December. #NewsTracker #Capital goods #Arun Jaitley #automobiles #Consumer #excise duty concessions
Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

May 13, 2014

Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

The Directorate General of Central Excise Intelligence (DGCEI) has issued a show cause-cum-demand notice of over Rs 4.6 crore to the nation's largest oil firm Indian Oil Corporation for not paying service tax under the head of a 'goods transport agency'. #India #NewsTracker #Indian Oil Corporation #Central Excise #DGCEI #Samanjasa Das
Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Apr 17, 2014

Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Various private entities were evading the central levy through misrepresenting the quantity of goods being produced by them and misuse of government incentives or abatements among others, they said. #India #finance ministry #NewsTracker #excise duty #evading duty #revenue leakage