India has significantly cut its oil and gas subsidies by 85 per cent from 2013 to 2023. This was achieved using policy reforms including ph...

According to a 2021 RBI study of state finances (bit.ly/3NpgRZ5), the average growth rate in collection from subsumed taxes during the thre...

The NCRTC is a joint venture of the Centre and governments of Delhi, Haryana, Rajasthan and Uttar Pradesh for implementing the RRTS project...

“The power ministry has proposed to the ministry of finance that they might consider exempting the cess on the power plants that are in com...

Deloitte India Partner M S Mani said any decision to extend the cess beyond five years in order to fund the present compensation deficit co...

According to recent reports the PMO has proposed waiver of the coal cess, the savings from which is to be used for retrofitting pollution c...

Against such a huge collection, however, only Rs 29,614 crore has been transferred to NCEF so far.

In its report, the committee has observed that despite generating substantial revenue, the fund was not made available to fuel clean energy...

The association's General Secretary Murali Babu said the huge growth of illicit trade of cigarettes is a reflection of the unintended conse...

"The additional tax burden caused by the increase in compensation Cess rates...will exacerbate the pressure on the entire legal cigarette v...

This is being done to minimise price rise once the new indirect tax regime is rolled out, officials said.

The 15 per cent cess cap would apply on luxury cars and aerated drinks. On pan masala, the cess has been capped at 135 per cent ad valorem.

The Delhi government will examine the possibility of providing funds from the Environment Compensation Charge (ECC) and diesel cess to neig...

The Odisha government, however, welcomed the GST Council's decision to impose no tax or the lowest possible tax on daily consumer goods.

"We are inclined to allow registration. We are open to the registration subject to some kind of one-time cess," a bench comprising Chief Ju...

Carmakers like Maruti Suzuki and Honda did not have diesel technology and it is in the last 3-4 years that they invested.

"The trade effluent (liquid waste), stack and ambient air quality samples would be collected and analysed... The samples would be tested at...