Excise

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Excise - Total results - 47
Central Administrative Tribunal stays sacking of 2 customs, central excise officers; govt transfers CAT judicial member
Business

Central Administrative Tribunal stays sacking of 2 customs, central excise officers; govt transfers CAT judicial member

A single-judge bench of the Central Administrative Tribunal (CAT) has stayed sacking of two of the 15 senior tax officials who were compulsorily retired over charges of corruption and inefficiency, an order that the government saw as not good in law and transferred the judicial member of the tribunal

Govt sacks 15 senior customs, central excise officers on charges of corruption, bribery
Business

Govt sacks 15 senior customs, central excise officers on charges of corruption, bribery

After sacking errant income tax officers, the government on Tuesday dismissed from service 15 senior customs and central excise officials, including one of the ranks of principal commissioner, on charges of corruption and bribery

Increasing poppy cultivation in Kashmir leaves hospitals battling surge of drug dependence cases; locals seek prompt action from authorities
India

Increasing poppy cultivation in Kashmir leaves hospitals battling surge of drug dependence cases; locals seek prompt action from authorities

This year, the officials admitted, the drive to destroy the poppy crop in Kashmir was delayed in the wake of clashes between security forces and youth before and during the parliamentary polls.

Banning liquor cannot be the standalone solution
India

Banning liquor cannot be the standalone solution

Prohibition is not the only answer. India needs a comprehensive national policy to tackle alcohol

Toll in hooch tragedy crosses 80; over 200 arrested in Uttar Pradesh after crack down on sale, distribution of illicit liquor
India

Toll in hooch tragedy crosses 80; over 200 arrested in Uttar Pradesh after crack down on sale, distribution of illicit liquor

After poisoning from illicit liquor led to over 80 deaths in Uttar Pradesh and neighbouring Uttarakhand, authorities launched a crackdown on the sale and distribution of spurious alcohol and took action against excise and police officials.

Congress leader Ajay Maken begins signature campaign against fuel price rise in Delhi
Politics

Congress leader Ajay Maken begins signature campaign against fuel price rise in Delhi

Delhi Congress chief Ajay Maken on Sunday began a campaign in the national capital to collect 10 lakh signatures against the rise in the price of petrol and diesel.

GST not an easy reform to implement, evoked great public support, says Arun Jaitley
Business

GST not an easy reform to implement, evoked great public support, says Arun Jaitley

Following the rollout of GST, the number of registrants originally paying taxes like VAT, Excise and Service Tax, which was around Rs 80 lakh, has been growing said Jaitley

Venkaiah Naidu calls for collective responsibility to tackle drug menace, urges excise officials to be wary
India

Venkaiah Naidu calls for collective responsibility to tackle drug menace, urges excise officials to be wary

It is the collective responsibility of a society to tackle drug menace, NDA's vice-presidential nominee M Venkaiah Naidu said

Smriti Irani calls GST a 'great step towards transparency', urges business community to adopt tax reform
Business

Smriti Irani calls GST a 'great step towards transparency', urges business community to adopt tax reform

Calling the Goods and Services Tax (GST) a "great step towards transparency," Union minister Smriti Irani Saturday urged the business community to become a part of this historic tax reform

GST from 1 July: Registrations for ecommerce, new companies to begin on 25 June
Business

GST from 1 July: Registrations for ecommerce, new companies to begin on 25 June

Also, existing excise, service tax and VAT assessees will get another chance to migrate to the GSTN portal as registration for them too opens on Sunday next and will remain open for three months.

Successful demonetisation will help raise revenues in long run, says World Bank report
Business

Successful demonetisation will help raise revenues in long run, says World Bank report

Informal economy accounted for over half of India's GDP as of 2008-09 and 82 percent of non-agricultural employment.

Small, mid-sized cars may cost more after GST rollout from 1 July
Business

Small, mid-sized cars may cost more after GST rollout from 1 July

Small cars currently attract a 12.5 percent central excise duty. Another 14.5-15 percent VAT is levied by states, taking the total tax incidence to 27-27.5 percent.

Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years
Business

Tax evasion of more than Rs 1.37 lakh cr detected in last 3 years

Warning tax evaders, Revenue Department said the relentless crusade against black money will be further intensified in the coming days.

Budget 2017: World Gold Council demands lowering of gold taxes from current 13%
Business

Budget 2017: World Gold Council demands lowering of gold taxes from current 13%

At present, gold attracts Customs duty of 10 percent, excise duty of 1 percent and 1.5 percent value added tax (VAT), taking total taxes on the yellow metal to 13 percent.

Automobile industry wants budget to simplify multiple excise duty regime
Business

Automobile industry wants budget to simplify multiple excise duty regime

Auto supply chain expects a simpler tax regime with all indirect taxes being subsumed in GST

How technology can help businesses adapt to GST?
Biztech

How technology can help businesses adapt to GST?

Though the squabbling over the Goods and Services Tax (GST) seems endless, it would probably become a law this year.

Indirect tax collections rises 42% in Apr to Rs 64,394 cr on higher excise mop up
Business

Indirect tax collections rises 42% in Apr to Rs 64,394 cr on higher excise mop up

Excise collections soared 70.7 percent to Rs 28,252 crore in April as compared to Rs 16,546 crore a year ago

Babus beware! PM Modi calls for strict action on erring customs, excise officials
Business

Babus beware! PM Modi calls for strict action on erring customs, excise officials

Prime Minister Narendra Modi on Wednesday took strong exception at complaints and grievances from people related to the customs and excise sector and asked for strict action against concerned officials.

Double-edged sword: High initial GST rate may make most services costlier
Business

Double-edged sword: High initial GST rate may make most services costlier

Services may bear the brunt of any new goods and services tax, thus pushing up costs all around.