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CESSES IN BUDGET
West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
- Govt plans financial aid for contractors to provide temporary homes to labourers at project sitesHousing Minister Manohar Lal Khattar announced plans to financially assist contractors for temporary labourer housing at project sites, fun...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
- Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
- Indirect tax mop-up tops FY26 target, but pan masala cess misses the markIndia's indirect tax collections for fiscal year 2025-26 have surpassed the government's target. Customs, excise, and GST revenues showed s...
- Govt aims to collect Rs 4.18 lakh cr from cess, Rs 1.72 lakh cr from surcharge in FY26The central government anticipates increased revenue from cess and surcharges. The target is over Rs 4.18 lakh crore from cess and over Rs ...
- Taxed by the pandemic, Centre may go for a coronavirus cess in Budget 2021The industry has asked that no new taxes be levied as the economy is under stress in its budget recommendations. Experts also opposed the i...
- Abolished various cesses via budgets to pave way for GST: GovernmentHowever, seven cesses will continue to be levied under the Goods and Services Tax regime since they pertain to customs or goods which are n...
- Government expects Rs 29700 crore from coal cess in FY18Last yea Arun Jaitley had doubled the cess on coal production to Rs 400 per tonne from Rs 200 per tonne and renamed it as clean environment...
- LTCG tax on equity, STT left untouched in Budget: 10 taxes to pay when you investRelieved? But don’t lose sight of the fact that you actually pay as many as 10 taxes in the financial markets when you invest or save. Take...
- Budget 2016: Petroleum products and crude oil add biggest chunk to cess poolThe single biggest chunk of cesses is on petroleum products and crude oil. These alone account for over Rs 88,000 crore in the Budget for 2...
- Budget 2016 brings 2 new cesses; additional revenue from levy at Rs 23,000 croreThe cess, which will be effective from June 1, 2016, will help finance and promote initiatives to improve agriculture, Finance Minister Aru...
- Budget 2016: Government doubles Clean Energy Cess on coal to Rs 400 per tonneRenaming the Clean Energy Cess as Clean Environment Cess, the govt today proposed to raise the cess on coal, lignite and peat from Rs 200 a...
- Education cess mop-up betters govt estimatesElementary education may be getting the short shrift as far as Budget 2007 may be concerned, but education cess collection are expected to ...
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