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EXCISE DUTY WAIVER
Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
- Excise waiver for biogas blending, clear policy line can unlock Rs 1 lakh cr investment: IBAThe Indian Biogas Association said the proposed excise duty waiver on biogas blended in compressed natural gas could unlock investments of ...
- RBI warns of fiscal slippage, inflationRBI also raised the inflation forecast marginally to 4.3-4.7 per cent for the second half of the fiscal from earlier estimate of 4.2-4.6 pe...
- Customs, excise duty waiver for merchant power projects likelyThe government is planning to permit projects that allow merchant sales of up to 40% of saleable energy in case of hydel power and 15% in t...
- Punjab soap industry seeks excise duty waiver, 4 pc VATPunjab Soap Manufacturers Association has sought waiver of excise duty on soaps and demanded that the state government brings Value Added T...
- Duty-Free Power GearPower plant developers building large and ultra mega projects (UMPPs) may soon get to buy equipment without paying Customs or excise duties.
- Finance ministry may reduce Customs dutyFinance ministry sources say that at best, there is scope for reduction in Customs duty in the wake of rupee depreciation.
- Azad takes up sop exemption issue with PMThe Centre’s move to restrict area-based excise exemption benefits in Jammu & Kashmir, Kutch and the North-East has drawn the ire of the co...
- Excise sops for six Re-hit sectorsBudget 2008-09 may provide a bailout package for six labour-intensive sectors hit most by the strengthening rupee.
- Ultra mega power projects may get full duty waiver on equipment buysLarge power projects, including ultra mega power projects (UMPPs), may soon get a total duty waiver for purchasing equipment without going ...
- Centre offers tax sops to essential drugsThe department of chemicals and petrochemicals has recommended total exemption from excise and customs duties for some 354 essential drugs.
- Ready-to-eat meals at rocking pricesYour ready-to-eat meals will get cheaper by Rs 1-5 , following finance minister P Chidambaram’s waiving off excise duty for ready-to-eat me...
- Govt exempts aviation gas from customs, excise dutiesAspiring pilots training in flying clubs across the country can have some respite as the finance ministry has decided to fully exempt aviat...
- Assocham seeks waiver of 8% excise duty on vanaspatiAssocham on Friday sought restoration of exemption available to vanaspati and withdrawal of the eight per cent excise duty which the chambe...
- Oil's in for a spilloverBudget ’03-04 is expected to bring in some major fiscal changes for the petroleum industry. Introduction of specific excise duties, a long-...
- No waiver of excise dues on recorded video cassettesNEW DELHI: The finance ministry has turned down a long-pending demand by broadcasters for waiver of central excise dues on recorded video c...
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