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EXCISE AND SERVICE TAX
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...- India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EYIndia's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, accordi...
- ITC's packaged foods business crosses $2 billion in revenueITC's packaged food business soared past $2 billion in FY26, with overall FMCG consumer spending reaching Rs 37,000 crore. This growth was ...
- Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
- 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...
- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- GOQii moves SC over higher customs duty on fitness trackersGOQii Technologies has approached the Supreme Court. The fitness tech company wants a decision on customs duty for its imported bands. It a...
- CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rolloutTraders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More sim...
- SC rules exxsol hexane a pure hydrocarbon, duty cut to 2.5%The Supreme Court has ruled that exxsol hexane is a pure hydrocarbon. This decision means imported exxsol hexane will attract a lower custo...
- Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power tableTamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government...
- Tamil Nadu Cabinet Expansion: CM Vijay adds 23 more ministers to TVK-led govt, shuffles some portfoliosT.N. Cabinet Expansion Updates: Tamil Nadu's new government has expanded its cabinet. Twenty-three more MLAs joined the State Cabinet. This...
- Will petrol and diesel prices rise again? Fuel hike may be just the first of several increases, say expertsPetrol, Diesel price today: Fuel prices have been increased by Rs 3 per litre as state-run oil companies face mounting losses due to rising...
- Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
- Direct vs indirect taxes: Key differences and how they impact taxpayers and prices in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
- Excise, service taxpayers to migrate to GST portal by January 31"All existing central excise/service tax assesses are requested to migrate as early as possible, latest by 31st January, 2017," a CBEC stat...
- Over 450 tax cases withdrawnIn another measure, the government made pre-show-cause consultation mandatory in all the cases where duty involved is above Rs 50 lakh.
- Central Excise and Service Tax department set to surpass targeted revenue collectionReferring to tax defaulters in the current fiscal, Singh said 250 cases had been registered on this account in the current fiscal in Bihar ...
- Difficult to meet tax targets on subdued profits: Raghuram RajanThe government today said it would be difficult to achieve the corporate tax, customs and excise mop-up target.
- Excise duty, service tax evasion of over Rs 13,600 crore detectedRevenue department detected central excise and service tax evasion of over Rs 13,620 crore in the 11-month period till February of 2011-12 ...
- Customs, excise and service tax queriesCustoms, excise and service tax queries.
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