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EXCISE AMENDMENT BILL
Parliament adjourned sine die after passing SHANTI, G Ram G and Insurance billsParliament concluded its winter session, passing eight key legislations including bills to boost private and foreign investment in insuranc...
Parliament Winter Session: Lok Sabha to take up Health, National Security Cess Bill for further consideration, passingFinance Minister Nirmala Sitharaman will introduce a new cess bill in Lok Sabha. This bill aims to boost funds for national security and pu...
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobaccoParliament has approved a new bill. This legislation will allow for higher excise duty on tobacco products. This change will take effect on...
Parliament winter session: FM Sitharaman to move Health Security se National Security Cess Bill for consideration, passing in LSUnion Finance Minister Nirmala Sitharaman is set to introduce the Health Security National Security Cess Bill, 2025, in the Lok Sabha to fu...
Lok Sabha passes Central Excise (Amendment) Bill ahead of GST cess phaseout on ‘sin goods’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...
Centre likely to move Central Excise (Amendment) Bill in Lok Sabha as political logjam haltsFollowing the recurring adjournments in Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman is likely to move the Central Excise (Ame...
Parliament Winter Session: Finance Minister Sitharaman moves two bills for new cess on tobacco and other 'sin goods'New bills have been introduced to change taxes on tobacco and pan masala. The Central Excise Amendment Bill will levy excise duty on tobacc...
Central Excise (Amendment) Bill, 2025: Govt tables bill for new levies on cigarettes, pan masala and gutkhaFM Sitharaman introduces Health Security National Cess Bill 2025 to replace GST compensation cess on tobacco products, including cigarettes...
Parliament Winter Session agenda: Sin-goods taxation, atomic bill on table as Oppn gears up for showdown over SIRParliament's Winter Session begins December 1st amidst opposition demands for a Special Intensive Revision of electoral rolls discussion. T...
Valuation rule for entry-level bets on e-gaming is prospective: Finance Minister Nirmala SitharamanFinance Minister Nirmala Sitharaman clarified that the valuation rules for imposing a 28% Goods and Services Tax (GST) on entry-level bets ...
Drinking alcohol is considered sin by Mahatma Gandhi, says Bihar CM Nitish KumarFurther he said that Mahatma Gandhi has also said that it is bad to drink alcohol and he who does not listen to Bapu is a great sinner. Law...
Drinking age lowered from 25 to 21 in HaryanaMoreover, the socio economic conditions of the day have changed drastically from the time when the earlier provisions were incorporated in ...
Shameful, inhumane, heartless to make profit on crude oil: Cong to PMThe Congress accused the government of profiteering from the crash in international crude oil prices. Congress chief spokesperson Randeep S...
Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8/l in futureFinance Minister Nirmala Sitharaman moved an amendment to the Finance Bill, 2020, to raise the limit up to which the government can raise s...
- Assam cabinet approves Assam Excise (amendment) bill
Assam Excise minister Parimal Shuklabaidya said the bill, seeking to regulate inflow, transport or possession of molasses, will be placed b...
Bootleggers may face death penalty in Uttar Pradesh as governor gives nod to billUP now becomes the third state after Delhi and Gujarat to have an Act under which bootleggers may be sent to the gallows, if consumption of...
Arun Jaitley introduces bill to amend customs, excise acts in Lok SabhaThe amendment seeks to include 'warehouse' in the definition of customs area to ensure that an importer is not asked to pay IGST at the tim...
Nitish government seeks stringent addition to prohibition lawThe draft has already been cleared by the Nitish Kumar Cabinet and the government aims at getting it approved by the Assembly in the curren...
- Waste material trade set to attract excise duty
Companies which sell residual material will now be liable to pay excise duty on it. The Finance Bill proposes to carry out an amendment in ...
- FM moves amended Excise Tariff Bill in LS
Finance Minister P Chidambaram on Tuesday introduced the Excise Tariff (Amendment) Bill, '04, in the Lok Sabha to usher in a common commodi...