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India’s Budget 2026 to support new and strategic ambitionsBudget 2026: India's FY27 Union Budget is poised to prioritise strategic sectors like defence, semiconductors, and renewables, alongside ex...
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...
Odisha govt collected Rs 6,595 cr of tax from tobacco, pan masala over 11 years: CM Majhi tells assemblyThe Odisha government has amassed Rs 6,595.55 crore in tax revenue from tobacco and pan masala sales over 11 years. The revenue grew from R...
Smokey Affair: GST on cigarettes, tobacco products may be raisedIndia is considering raising the GST on cigarettes and tobacco products to 40% and adding an additional excise duty after compensation cess...
Cigarette stocks ITC, Godfrey Phillips, VST down up to 4%. Here's whyFollowing the news, VST Industries shares fell 4% to day's low of Rs 287.20, Godfrey Phillips stock fell about 4% while ITC fell over 2% to...
CBIC restricts IGST refund for export of pan masala, tobacco, mentha oil from Oct 1The Central Board of Indirect Taxes & Custom (CBIC) has imposed restriction on automated refund of Integrated Goods & Services Tax (IGST) f...
Centre amends finance bill to change taxation on tobacco, pan masalaThe centre on Friday proposed an amendment in the Schedule of the GST (Compensation to States) Act, 2017in the finance bill which capped th...
Poorer states score big in GST mop-upGovernment officials said full impact is visible this year as the settlement of Integrated GST is happening regularly, unlike last year whe...
Budget 2017: HighlightsJaitley presented the Budget amid hopes that the proposals will help revive a slowing economy, hit further by demonetisation of high value ...
Raising a toast: Here's how Goa's local liquors like feni are getting a makeoverSlowly, feni and other Goan liquors seem set for an image makeover — like urak, the milder, delicious first distillate of the cashew spirit...
Odisha demands CST compensation on implementation of GSTThe GST implementation will bring uniform tax rate throughout the country and will help in seamless movement of goods and services across t...
Banarasi 'paan' to get sweeter as 'gulkand' becomes tax-free'Gulkand', which adds flavour in 'paan' (preparation combining betel leaf, tobacco and nuts), was recently exempted from VAT by UP governme...
2014: A politically eventful year for IndiaThe states of Jharkahand, Maharashtra and Haryana witnessed a regime change and Jammu and Kashmir saw a hung Parliament in the recent elect...