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Reforms won't be easy or painless!

'Let us also not expect that there will be a clean break with the past much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable.......

Exclusive! 'Modi has taken his job seriously in letter and spirit'

'There is a climactic change in terms of economic performance.... The revival is taking its own time, but there is a restoration of hope.' 'Modi as the PM of the country has to take everybody on......

New state of Telangana gets two deputy chief ministers

Telangana Chief Minister K Chandrasekhar Rao on Monday appointed 2 deputy CMs besides allocating portfolios. Senior TRS leader Naini Narasimha Reddy has been made the home minister, while E......

'Manmohan Singh knows very little of the Indian economy'

'The UPA's claim of growth at 9.5 percent was absolute nonsense and a fraudulent claim because the country did not grow; it was only statistical growth.' 'I do believe that when there is a......

Election raids: Rs 195,00,00,000 seized; 11,000 FIRs filed

Over Rs 195 crore of cash has been seized so far by Election Commission appointed teams, with Andhra Pradesh topping the list. According to official data prepared till Monday, the EC-appointed......

'Excise cut extension to help growth momentum'

Welcoming Finance Minister Arun Jaitley's move to extend excise duty concession till December 31, consumer durables firms on Wednesday said it will help the sector which has seen some growth in the......

'India's economy can never improve if agriculture is neglected'

To Asim Dasgupta (below, left), former minister for finance and excise in Bengal’s erstwhile Left Front government, the fundamental reason for India’s poor economic health is its......

Car buyers refuse to bite excise carrot

Automobile companies and their dealers were in a festive mood after the finance minister’s surprise interim Budget announcement of a four per cent excise duty cut on all passenger vehicles.......

Chidambaram boost pleases car dealers

With the finance minister's boost to the automobile industry in the form of an excise cut, passenger car dealers across the country expect their inventory to halve in the next two months. Rough......

Infographic: Interim Budget at a glance

Leaving direct taxes untouched, Finance Minister P Chidambaram on Monday slashed excise duty on cars, SUVs and two-wheelers, and capital goods and consumer durables to boost manufacturing and......

  People speak for finance and excise

  • QNA
shyamvanwari
Q. where were govt agencies like sales tax, income tax, excise and others that they could not trace dealings of monty chada when he was amassing all these 100 - 200 crores, that too in hard currency? surely fm is answerable in this matter.what was finance ministry doing?
Shyamvanwari:  A.  more

http://qna.rediff.com/questions-and-answers/where-were-govt-agencies-like-sales-tax-income-tax-excise-an/21916792/answers/

shyamvanwari
Q. Is there any provision to waive the penalty under Service Tax law?
Shyamvanwari:  A. Ans. Section 80 of the Finance Act, 1994, provides provisions not to impose penalty, for any failure referred to in the said provisions, if the...... more

http://qna.rediff.com/questions-and-answers/is-there-any-provision-to-waive-the-penalty-under-service-ta/21916792/answers/21041906

Arun Nayar
Q. Mr Pranab Mukhejee, our respected Finance Minister says, "it's not the Government but the Oil Companies who have hiked the fuel price"...has the Government no role to play when the Oil Companies take such decisions...what an unsatisfactory justification?
Arun Nayar:  A. Since the Government had delinked the petrol prices from its control such things happen. But the government could have reduced the custom and...... more

http://qna.rediff.com/questions-and-answers/mr-pranab-mukhejee-our-respected-finance-minister-says-its-n/21041882/answers/20742340

Sridhar
Q. What is the procedure for filing of appeal against the order of Assistant Commissioner of Central Excise?
Sridhar:  A. The Procedure is given in section 85 of Finance Act (Service Tax) 1994. Appeal shall be filed in the prescribed form ST-4 before the expiry of 3...... more

http://qna.rediff.com/questions-and-answers/what-is-the-procedure-for-filing-of-appeal-against-the-order/20742286/answers/20639534

Arun Nayar
Q. Petrol Price Hike--7 th one in 6 months-Now BPCL Director Finance says still they are loosing Re 1 per litre >Why don't the Govt reduce the Excise Duty and other Taxes to keep the Petrol Prices under control ??
Arun Nayar:  A. Because this government is not for the poor and downtrodden & common people but for the capitalists ! more

http://qna.rediff.com/questions-and-answers/petrol-price-hike--7-th-one-in-6-months-now-bpcl-director-fi/20639508/answers/18941188

  Web results for Finance And Excise
Zimmer Holdings, Inc. Reports Third Quarter 2014 Financial Results

Zimmer Holdings, Inc. (ZMH) Quote : 100.17 0.0 (0.00%) @ 4:30PM Zimmer (NYSE:ZMH) Intraday Stock Chart Today : Thursday 23 October 2014... ...

http://in.advfn.com/p.php?pid=nmona&article=64144747
Easing worries on appeal rules

One of the controversial amendments introduced in the Finance Act, 2014, was a mandatory pre-deposit for filing appeals in central excise and... ...

http://www.business-standard.com/article/opinion/easing-worries-on-appeal-rules-114092200040_1.html
'Service tax refund can be claimed if Cenvat credit has not been availed of'

On our excisable export product, the All Industry Rate of Drawback is 4 per cent when Cenvat Credit is availed and 5 per cent when Cenvat Credit is... ...

http://www.business-standard.com/article/sme/service-tax-refund-can-be-claimed-if-cenvat-credit-has-not-been-availed-of-114081100986_1.html
'Manufactured goods and trading goods should not get mixed up'

We have excise registration as a manufacturer. We want to start trading also from the same premises. Do we need to make any change in our... ...

http://www.business-standard.com/article/sme/manufactured-goods-and-trading-goods-should-not-get-mixed-up-114100600936_1.html
Skoda unveils the all-new Fabia; coming to India next year

The new 2015 Skoda Fabia is wider as well as lower than the outgoing car. It still squeezes under the four metre mark, which should qualify it for... ...

http://ibnlive.in.com/news/skoda-unveils-the-allnew-fabia-coming-to-india-next-year/493035-25-166.html

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