India expands biofuel tax benefit for ethanol and vegoilsIndia, the world's third-biggest oil importer and consumer, has been particularly keen to rein in its oil import bill since the conflict in...
05 Jul, 2022, 01.11 PM IST
Delhi excise dept allows pvt shops to offer up to 25 pc discount on liquor MRPAn order issued by the excise commissioner of Delhi on Friday stated that the government has recommended that rebate or discount up to 25 p...
02 Apr, 2022, 02.09 PM IST
Petrol, diesel contribute Rs 30k-cr additional excise in April-AugustFour hikes in excise duty on petrol and diesel between November 2014 and January 2015 have generated an additional revenue of Rs 30,000 cro...
20 Sep, 2015, 02.44 PM IST
'MakeInIndia' Twitter goof-up creates flutter on auto duty cutGovernment's 'MakeInIndia' Twitter handle today created a flutter on the micro-blogging site by erroneously stating that excise duty on car...
07 Jan, 2015, 10.54 AM IST
Auto companies, white goods makers in wait and watch mode on pricesThe excise duty concessions given in the interim Budget by the outgoing UPA government in February last and extended by Arun Jaitley.
02 Jan, 2015, 08.43 AM IST
Auto stocks dip on excise duty concessions withdrawalAuto stocks witnessed selling pressure today after the government announced ending excise duty concessions for the cars and durable goods.
31 Dec, 2014, 07.30 PM IST
- Only 52 handicapped persons supplied cars at concessional rate
Department of Heavy Industry has framed guidelines for issue of an excise duty concession certificate on purchase of cars by physically han...
24 Dec, 2014, 02.39 PM IST
Government looking at extending excise duty concessions to automobile sector beyond DecemberThe duty on large cars will continue at 24% compared with 27% earlier, while the duty on mid-sized cars will stand at 20% from 24%.
11 Sep, 2014, 01.46 PM IST
Excise cut extension to help growth momentum: Durables companies"We welcome government's move. The industry is passin through such a phase where such measures are required. "
25 Jun, 2014, 06.35 PM IST
- Govt notifies tax concession, to make cars, cement cheaper
Government today notified 4 per cent across-the-board cut in excise duty which would make cars, consumer products, steel and cement cheaper.
07 Dec, 2008, 08.26 PM IST
- Centre offers tax sops to essential drugs
The department of chemicals and petrochemicals has recommended total exemption from excise and customs duties for some 354 essential drugs.
11 Feb, 2008, 12.00 AM IST
- Sharp cut likely in excise sops, median rate to stay unchanged
The excise duty regime could be sharply tightened by cleaning up the exemptions slate in the Budget 2007, but there is unlikely to be any c...
05 Dec, 2006, 01.27 AM IST
- Excise sop for CNG, LPG cars
In a bid to push sales of alternate fuel vehicles in the country, the government is now planning to extend an 8% excise duty concession to ...
05 Jun, 2006, 12.00 AM IST
- More concessions to NE sought
CII is learnt to have asked the government to review the North East Industrial Policy, 1997, and give much more incentives too woo investor...
12 Sep, 2004, 12.33 AM IST
- Row over MoF move to shift EoUs' control to excise dept
In the run-up to the national foreign trade policy, a tug-of-war has erupted between the finance ministry and the commerce department over ...
13 Aug, 2004, 02.33 AM IST
- FM to kick off pre-Budget exercise in April
The Lok Sabha polls notwithstanding, finance minister Jaswant Singh has decided to initiate a pre-budget exercise from mid-April. The reven...
06 Apr, 2004, 11.50 PM IST
- More excise concessions on cards
After the big-ticket reforms in customs duty including the 5% reduction in peak customs duty, abolition of the 4% special additional duty o...
16 Jan, 2004, 01.22 AM IST