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EXCISE DUTY AND SERVICE TAX
SIMCA Advertising PAT rises 60pc, revenue jumps to Rs 109 cr in Apr-SeptSIMCA Advertising reported a profit after tax of Rs 12.14 crore for the first half of FY2026-27. This represents a significant growth of 60...- India to implement changes to GST from November 1India plans to implement easing rules related to the goods and services tax for post-sale discounts while speeding up provisional refunds f...
- West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
- Govt seeks investor and expert views on LTCG and STT as it reviews capital market levies amid FPI exodusThe government has initiated a reassessment of long-term capital gains tax and securities transaction tax. Stakeholders, including investor...
- Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machineryAn integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will...
- Supreme Court agrees to examine EY US plea in tax disputeA bench led by Justice PS Narsimha sought a response from the income tax department on appeals filed by Ernst & Young US LLP challenging a ...
- Ready for 'crossfire' if government permits: Bangladesh's police chiefInspector General of Police (IGP) Md Ali Hossain Fakir, also chairman of Community Bank Bangladesh, made these remarks at a programme in Dh...
- India expected to extend duty-free cotton imports through December, sources sayIndia is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower dome...
- India's gold import route changing course for a benefit all jewellers wantIndia is diversifying its gold import sources as expanding domestic refining capacity, tax incentives and the India-UAE trade pact reshape ...
- China faces fresh Indian duties on titanium dioxide imports: Anti-dumping levy of $460-$681 per tonne reimposed for five yearsIndia has reimposed anti-dumping duties of $460 to $681 per tonne on specified titanium dioxide imports from China for five years, followin...
- Bengal to end extended Durga Puja holidays for govt hospital staff from 2027: State Health MinisterWest Bengal will end extended Durga Puja holidays for staff at state-run hospitals from next year and introduce duty rosters to ensure roun...
- GST return forms likely to be tweaked to curb mismatchesThe government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be...
- GST reforms from November 1 to simplify e-commerce seller registration, fast-track refundsStarting November 1, the government plans to simplify GST registration for small e-commerce sellers. These reforms intend to reduce complia...
- 'Ease non-tariff curbs to ensure alcohol enters the market freely'"The spirit of the free trade agreement is twofold-tariffs and regulations that ensure businesses operate a bit more freely," Ian Duddy, th...
- India eyes a $20 billion pot of gold in New Zealand as its trade pact goes liveThe free trade agreement between India and New Zealand promises to promote trade and enhance professional movement. While some goods may en...
- Paul John may retain 10-20% stake in John Distilleries after Sazerac takeoverPaul John, founder of John Distilleries, is considering retaining a minority stake of 10% to 20%. Sazerac, which now holds 65.7% of the com...
- India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty accessIndia's free trade agreement with New Zealand will begin on October 20 and provide duty-free access for Indian goods. This agreement aims t...
- GST 2.0: How next phase of reforms can simplify compliance and unlock growth for MSMEsThe success of next-generation GST reforms will ultimately be measured on the basis of their ability to lower compliance costs, enhance ref...
- Government cuts duty drawback rates on gold, silver jewellery exportsThe government has announced a reduction in duty drawback rates for gold and silver jewellery exports. The rates for gold jewellery have de...
- After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
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