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EXCISE DUTY COLLECTION
Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...- Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...
- Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
- India eyes more FDI, speed up divestment, asset monetisation as economy faces external risksIndia's government is set to accelerate reforms, focusing on attracting foreign investment and divesting assets. This strategy aims to main...
- Rupee to hit 99, fiscal deficit at 5%: Rahul Bajoria sees deeper pain ahead for IndiaIndia's economy faces ongoing challenges. Inflation is embedded, impacting prices and financing. The fiscal deficit is projected to widen. ...
- RBI unlikely to hike rates soon despite inflation risk, rate action only in Dec if needed: Icra's Aditi NayarThe Reserve Bank of India is expected to hold off on interest rate hikes. Inflation risks are rising due to fuel prices and monsoon uncerta...
- Oil cos keep bleeding, on slippery slope with Rs 600-cr loss per day despite multiple petrol, diesel price hikesPetrol, diesel price hike: Despite the latest round of increases, officials acknowledged that current retail prices are still insufficient ...
- RBI dividend provides fiscal buffer, but inflation risks loom large: Kanika Pasricha, Union BankThe Reserve Bank of India's dividend payout provides a small fiscal buffer. However, government finances face pressure from fuel excise cut...
- SBI Report: No direct impact of oil price hike on India's fiscal situationFuel prices have risen by Rs 3 per litre. This move aims to reduce losses for oil companies. SBI's research report Ecowrap suggests that th...
- NEET leak: If PM respects parliamentary committees, then he must remove Pradhan, says DigvijayaCongress MP Digvijaya Singh has demanded the resignation of Union Education Minister Dharmendra Pradhan. This comes after the NEET-UG 2026 ...
- New policy will benefit premium brands, hurt local ones, distillers tell Karnataka CM SiddaramaiahLocal alcohol manufacturers in Karnataka have urged Chief Minister Siddaramaiah to review the proposed liquor tax system, saying it favours...
- 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...
- 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...
- Rs 500, Rs 1,000 notes banned: Experts see rise in VAT, excise duty collectionsWithin minutes of PM Narendra Modi announcing that Rs 500 and Rs 1,000 notes won't be legal tenders from Wednesday, those who hold back mon...
- Indirect tax collections grow by 36.8% in OctoberIndirect tax collections grew by 36.8% in October led by a massive over 66% increase in excise duty collections.
- Indirect tax collection up 35.8% in April-September periodIndirect tax collection was up 35.8 per cent to over Rs 3.24 lakh crore in the first half of the current fiscal, reflecting growth in econo...
- Excise duty collections dips 14% in AprilExcise duty collections have taken a big knock in the first month of the new fiscal, as companies took credit for higher tax paid.
- Indirect tax mop-up jumps 43% in Apr-DecExcise duty collections registered a smart 29.5% rise in December 2010 from a year ago, allaying fears of a slowdown in manufacturing growt...
- Excise duty collections affected by duty cuts: CBECDuty cuts on petrol and diesel coupled with misuse of exclusive exemptions has led to a tardy growth of 3.7 per cent at 46,122 crore compar...
- FM concerned about poor growth in excise duty collectionExpressing concern over sluggish excise duty collection, Finance Minister P Chidambaram admitted that meeting the budgetary target of Rs 1,...
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