A new health and national security cess will be imposed on demerit goods like pan masala. Finance Minister Nirmala Sitharaman stated this c...

New laws are set to tax tobacco and pan masala products. These bills replace the GST compensation cess. Excise duty will be levied on tobac...

New bills have been introduced to change taxes on tobacco and pan masala. The Central Excise Amendment Bill will levy excise duty on tobacc...

Lok Sabha proceedings were adjourned for the day amid opposition protests demanding a debate on Special Intensive Revision of electoral rol...

FM Sitharaman introduces Health Security National Cess Bill 2025 to replace GST compensation cess on tobacco products, including cigarettes...

Parliament's Winter Session begins December 1st amidst opposition demands for a Special Intensive Revision of electoral rolls discussion. T...

India is set to introduce new taxes on tobacco products like cigarettes, pan masala, and gutkha. This move comes as the Goods and Services ...

Cigarette makers ITC and Godfrey Phillips saw their shares fall. This follows the government's announcement of a new health and security ce...

The central government might present a bill during Parliament's winter session. This bill focuses on imposing a levy on tobacco products. I...

The Lok Sabha Select Committee is seeking input on the Income-Tax Bill, 2025, from experts and stakeholders, setting a two-week deadline fo...

Although the government had made it clear at the outset that no transition credit would be available after implementation of the GST regime...

The Ordinance provided for a hike in the GST cess on a range of cars from mid-size to hybrid variants and the luxury ones to 25 per cent.

An ordinance to hike the GST cess on a range of cars from mid-size to hybrid variants to luxury ones to 25 per cent was issued in September...

The Compensation Bill will provide a legal backing to the Centre's promise to compensate the states if their revenue growth rate falls belo...

A Parliamentary panel has recommended removal of the provision of 26 per cent profit sharing by coal and lignite miners with project-affect...

New Mines Bill, which provides for sharing of profits with project-affected people, will be introduced in the winter session of Parliament

Currently, income between Rs 1.6-5 lakh attracts 10 per cent tax; between Rs 5-8 lakh, 20 per cent and beyond Rs 8 lakh, 30 per cent.