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Central Excise And Service Tax

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ED arrests ex-IAS officer in Rs 2000-cr Chhattisgarh liquor 'scam' case

Days after filing a fresh case, the Enforcement Directorate has arrested retired Chhattisgarh IAS officer Anil Tuteja in connection with a Rs 2,000 crore alleged liquor scam linked money laundering......

Electoral Bonds: The Quid Pro Quo Factor

Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu. Illustration: Uttam Ghosh/Rediff.com The State Bank of India......

Excise policy: AAP's Goa poll kickbacks detected in I-T, CBI probes, says ED

The money trail of the alleged Rs 45 crore kickbacks generated from the Delhi excise policy "scam" and used for the 2022 Goa election campaign by the Aam Aadmi Party, as claimed by the Enforcement......

Body massager can't be used as sex toy: HC raps Customs dept

A body massager cannot be categorised as an adult sex toy and hence cannot be included in the list of items prohibited for import, the Bombay high court has said. Image only for representation.......

SC recalls its verdict on indirect taxes from duty free shops at airports

In a significant development, the Supreme Court Friday recalled its April 10 verdict by which it had held that duty free shops at arrival and departure terminals at international airports are......

OMC shares sink up to 6% on fuel price cut

Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government’s decision to cut retail prices of petrol and diesel could hurt the companies’......

'Rs 1.7 trillion may be GST average collection next FY'

'We crossed Rs 1.7 trillion in three months this financial year.' Illustration: Dominic Xavier/Rediff.com Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal tells......

FY24 direct tax to GDP ratio may be highest since FY01

On the back of robust tax collection, the ratio of direct taxes to gross domestic product (GDP) this financial year is likely to be the highest in this century so far. Photograph: Kind courtesy......

More Freebies In The Interim Budget?

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones, reports Indivjal......

Should Nirmalaji Be Worried?

The deficit stood over Rs 8 trillion in the first seven months of the current financial year.Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up......

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