Excise

Showing of 21 - 40 from 47 results
Excise - Total results - 47
 Jaitley promises to step up public funding to boost infrastructure
Economy

Jaitley promises to step up public funding to boost infrastructure

The minister said that while the agriculture and services sectors have been doing well, "manufacturing is a challenge" and the government is trying to resolve the "legacy" issues hampering development of infrastructure sector.

Govt considers extending excise duty concessions to automobile sector
Economy

Govt considers extending excise duty concessions to automobile sector

The government had cut excise duty on cars, SUVs and two-wheelers as well as consumer durables in the Interim Budget in February to help the industry tide over a demand slump.<br />

Diesel price may be cut for 1st time in 7yrs; petrol by Re 1/lt
Economy

Diesel price may be cut for 1st time in 7yrs; petrol by Re 1/lt

Petrol and diesel rates are due for revision on September 15 and there is a possibility of reduction in retail prices

Close bars within 15 days: Kerala govt directs hoteliers
Economy

Close bars within 15 days: Kerala govt directs hoteliers

The decision, taken by a high-level meeting convened by Excise Minister K Babu, would mean that 312 functioning bars would be closed only after the Onam festival, to be celebrated in the first week of next month.<br />

Indirect tax target of Rs 6.23 lakh cr challenging but achievable: Jaitley
Economy

Indirect tax target of Rs 6.23 lakh cr challenging but achievable: Jaitley

The minister also laid emphasis upon reducing tax litigation and tax settlement mechanism to unlock the money held up due to litigation.<br />

Jaitley hints curbs on gold import could go after fiscal situation improves
Economy

Jaitley hints curbs on gold import could go after fiscal situation improves

As a result of combined efforts, imports of gold has been declining. They fell by 72 percent to $2.19 billion in May due to restrictions imposed by the government.<br />

Jaitley hints curbs on gold import could go after fiscal situation improves
Economy

Jaitley hints curbs on gold import could go after fiscal situation improves

As a result of combined efforts, imports of gold has been declining. They fell by 72 percent to $2.19 billion in May due to restrictions imposed by the government.<br />

Premium petrol price cut by over Rs 5/litre
Economy

Premium petrol price cut by over Rs 5/litre

Central Excise duty on Branded Petrol was cut from Rs 7.50 per litre to Rs 2.35 per litre.<br />

Chidambaram cuts excise duty, brings cheer for consumer, auto industry
Politics

Chidambaram cuts excise duty, brings cheer for consumer, auto industry

The Finance Minister cut indirect taxes across the board on conumer goods and in the auto sector.

After M&M, Tata Motors may redesign SUVs to beat tax
Business

After M&M, Tata Motors may redesign SUVs to beat tax

Post the passage of the finance bill, SUVs which are above the 4-metre length, 1500cc engine along with 170mm ground clearance attract excise of 30 percent as against 27 percent earlier.

Media likes frenzy but ordinary people like growth: Chidambaram
Economy

Media likes frenzy but ordinary people like growth: Chidambaram

A number of non-legislative decisions covering customs, excise, service tax, insurance and banking to promote growth will be announced in Parliament before the passage of the Finance Bill.

Budget 2013: Why SUV found special mention this budget day
Business

Budget 2013: Why SUV found special mention this budget day

As of now, small cars are taxed at 12 percent excise duty whereas large cars- and that includes SUVs-are charged 27 percent duty. With today's Budget announcement, there is confusion over which cars will not attract higher duty.

Budget wrap 2013: Excise, service taxes may go up by 2%
Economy

Budget wrap 2013: Excise, service taxes may go up by 2%

Today's papers had a sprinkling of hints on which way the finance minister may be leaning, and the big revenue raiser may be an increase in indirect taxes, not direct.

Govt gets tough: excise, service tax evaders can lose property
Economy

Govt gets tough: excise, service tax evaders can lose property

In a stern warning to evaders of excise, customs and service tax, the government today asked them to either pay the dues or face penal action which could include arrest, prosecution and property attachment.

Lanka does a Maldives, raises duties on Indian vehicles by 73%
Business

Lanka does a Maldives, raises duties on Indian vehicles by 73%

This could become the second instance, after the eviction of GMR Infrastructure from Maldives, where Indian companies suffer high handedness of India's tiny neighbours with the government remaining a silent spectator.

Pranab confident of meeting indirect tax collection target
Economy

Pranab confident of meeting indirect tax collection target

Finance Minister Pranab Mukherjee today exuded confidence that they will be able to<br /><br /> meet indirect tax collection target of Rs 5.05 lakh crore for 2012-13.

Pranab to meet jewellers to discuss duty hike issue
Economy

Pranab to meet jewellers to discuss duty hike issue

The Jewellery Trade Federation will send two representatives to Pranab Mukherjee. They will explain the difficulties encountered by jewellers and sought a complete rollback of the new proposals.

19,000 crore service tax, control excise duty frauds in 2008-11: CAG
Economy

19,000 crore service tax, control excise duty frauds in 2008-11: CAG

In service tax, the CAG observed the department raised a demand of Rs 9,905.84 crore and recovered only Rs 2,706 crore.

Think other states will lower petrol prices? Dream on
Economy

Think other states will lower petrol prices? Dream on

Most states, especially the larger ones, are struggling to earn revenues and will be unlikely to give up their taxes on fuel, an important source of tax.

Govt cuts tariff value of imported gold to $530/10grams
Economy

Govt cuts tariff value of imported gold to $530/10grams

The import duty on gold was fixed at 2 percent of the value, instead of the earlier rate of Rs 300 per 10 grams.On silver, the import duty was pegged at 6 percent, as against Rs 1,500 per kg earlier.