News for 'Central Board of Excise'

MoF readies for service tax offices

MoF readies for service tax offices

Rediff.com30 Apr 2004

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

K'taka portfolios: Siddaramaiah keeps finance, Shivakumar gets irrigation

Rediff.com29 May 2023

Shivakumar has got the all-important Major and Medium Irrigation and Bengaluru City Development, including the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Bangalore Metropolitan Region Development Authority and the Bangalore Metro Rail Corporation Limited.

IT, telecom goods prices to fall

IT, telecom goods prices to fall

Rediff.com27 Jan 2004

Govt extends service tax return filing date to April 30

Govt extends service tax return filing date to April 30

Rediff.com27 Apr 2017

As per norms, the returns have to be filed online on www.aces.gov.in.

Indirect tax collection up 7% till August

Indirect tax collection up 7% till August

Rediff.com10 Sep 2003

The indirect tax collection grew by about seven per cent to Rs 51,461 crore (Rs 514.61 billion) in the first five months of this fiscal from Rs 48,095 crore (Rs 480.95 billion) in April-August 2002.

Telecom tops service tax list, govt eyes more sect

Telecom tops service tax list, govt eyes more sect

Rediff.com8 Jul 2003

The telecom industry topped the list in service tax collected by paying Rs 1,508.68 crore (Rs 15.09) in FY03. The government raised Rs 4,123 crore (Rs 41.23 billion) in the previous fiscal from service tax.

FinMin to hear industry groups' tax issues every Wednesday

FinMin to hear industry groups' tax issues every Wednesday

Rediff.com18 Jul 2013

The ministry has been receiving representations from chambers of commerce and industry associations on tax-related issues and disputes that affect the industry as a whole or impact a large sections of the industry.

Government hikes import tariff value on gold, silver

Government hikes import tariff value on gold, silver

Rediff.com29 Feb 2016

The import tariff value is the base price at which the customs duty is determined.

'GST will make consumer goods cheaper, boost jobs'

'GST will make consumer goods cheaper, boost jobs'

Rediff.com29 Aug 2016

It will reduce compliance cost as the assessee will not have to maintain multiple records for a variety of taxes

Finance ministry starts Budget preparations

Finance ministry starts Budget preparations

Rediff.com1 Oct 2013

The Finance Ministry has started preparations for Budget 2014-15 by asking different central ministries and departments to come out with their estimates of receipts as well as expenditure for the next financial year.

India to post financial sleuths in 4 countries

India to post financial sleuths in 4 countries

Rediff.com13 Feb 2017

The Directorate of Revenue Intelligence, the lead agency to check customs frauds and smuggling, has decided to post officers at India's Mission in New York (US), Singapore, Brussels (Belgium) and in Nepal's Birgunj.

Rs 12,000 crore GST evasion detected 8 months till November

Rs 12,000 crore GST evasion detected 8 months till November

Rediff.com12 Dec 2018

Central Board of Indirect Taxes and Customs said despite the electronic way or E-way bill mechanism there has been rampant evasion and there is a need to increase compliance.

Over Rs 62 crore illegal cash seized in poll-bound states

Over Rs 62 crore illegal cash seized in poll-bound states

Rediff.com19 Apr 2016

While the two-phased assembly polls voting has concluded in Assam, in West Bengal two phases have completed while four more remain.

Why FinMin wants taxmen to be cautious while summoning CEOs

Why FinMin wants taxmen to be cautious while summoning CEOs

Rediff.com21 Jan 2015

Finance Ministry has asked excise and service tax officials to exercise caution while summoning CEOs and top functionaries of large firms or PSUs for probing any revenue cases.

Govt hikes import tariff on gold, silver

Govt hikes import tariff on gold, silver

Rediff.com1 Apr 2015

The government raised import tariff value on gold to $385 per 10 grams.

Free banking services offered to customers not under GST ambit

Free banking services offered to customers not under GST ambit

Rediff.com4 Jun 2018

The ambiguity arose after notices were sent to lenders for non-payment of service tax under the pre-GST regime

Govt hikes import tariff value on gold & silver

Govt hikes import tariff value on gold & silver

Rediff.com10 Feb 2016

The government on Tuesday hiked the import tariff value on gold to $388 per 10 grams and that on silver to $487 per kg taking cues from global market.

Sania Mirza again hits out at media

Sania Mirza again hits out at media

Rediff.com18 Feb 2017

Sania Mirza has launched a scathing attack on the country's media, saying a certain sections of it choose to highlight the negative news.

Govt hikes import tariff value on gold

Govt hikes import tariff value on gold

Rediff.com29 Jan 2016

The government on Friday hiked the import tariff value on gold to $363 per 10 gram in line with global prices.

Crude oil prices at 12-year low, yet Indians get no benefit

Crude oil prices at 12-year low, yet Indians get no benefit

Rediff.com15 Jan 2016

This is the second hike in excise duty in less than two weeks as the government looks to make use of the slump in oil prices to shore up resources.

Govt raises tariff value on gold and silver

Govt raises tariff value on gold and silver

Rediff.com18 Jan 2016

Gold prices were ruling at Rs 26,385 per ten gram at the bullion market while silver was quoted at Rs 34,000 per kg.

GST looming, how will CBEC restructure itself?

GST looming, how will CBEC restructure itself?

Rediff.com7 Mar 2017

As Centre cedes power to states in indirect tax, it wants to all ystaffers' worry of little work.

Miss Asia Pacific Srishti Rana's crown seized at Mumbai airport

Miss Asia Pacific Srishti Rana's crown seized at Mumbai airport

Rediff.com6 Nov 2013

The diamond studded crown of India's Srishti Rana, who has been crowned Miss Asia Pacific World 2013 in Busan, South Korea, was seized for not paying customs, a senior customs official said.

PM Modi reviews GST ahead of July 1 roll-out

PM Modi reviews GST ahead of July 1 roll-out

Rediff.com5 Jun 2017

All goods and services have been put in slabs of 5%, 12%, 18% and 28%

How the 'mother of all tax reforms' actually evolved

How the 'mother of all tax reforms' actually evolved

Rediff.com20 Jul 2017

In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.

Govt raises import tariff value of gold, silver

Govt raises import tariff value of gold, silver

Rediff.com13 Apr 2016

The government on Wednesday increased the import tariff value on gold and silver to $408 per 10 gram and $520 per kg, respectively in line with global prices.

One nation, one tax: 5 things you should know

One nation, one tax: 5 things you should know

Rediff.com30 Jun 2017

GST is levied on every transaction in the supply of goods and services, barring certain exempted items

Remove fear of harassment among taxpayers, PM tells officials

Remove fear of harassment among taxpayers, PM tells officials

Rediff.com16 Jun 2016

Prime Minister also underlined the need for increasing the number of tax payers to 10 crore.

Govt hikes import tariff value of gold, silver

Govt hikes import tariff value of gold, silver

Rediff.com28 Feb 2014

Government on Friday hiked the import tariff value on gold and silver to $433 per 10 grams and $699 per kg, respectively, taking into account the volatility in the precious metals' global prices.

India's tax-to-GDP ratio plunges to a decade low of 9.88%

India's tax-to-GDP ratio plunges to a decade low of 9.88%

Rediff.com9 Jun 2020

While the ratio determines the extent to which the government is able to finance its expenditure, it is also an indicator of tax compliance. Developed countries have a higher contribution of tax to their GDP.

Govt hikes import tariff value on gold, silver

Govt hikes import tariff value on gold, silver

Rediff.com16 Jan 2015

The government on Friday hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends.

Pranab, Modi, Demonetisation

Pranab, Modi, Demonetisation

Rediff.com8 Nov 2022

'Modi had not discussed demonetization with me prior to his announcement on 8 November 2016. 'I learnt of it along with the rest of the country. 'I was not surprised when he did not discuss the issue with me prior to making the public announcement. 'It fitted in with his style of making dramatic announcements.' A fascinating excerpt from Pranab Mukherjee's The Presidential Years: 2012-2017.

Harley and Triumph bikes get cheaper as customs duty is slashed

Harley and Triumph bikes get cheaper as customs duty is slashed

Rediff.com13 Feb 2018

The Central Board of Excise and Customs, through a notification on February 12, has slashed the duty on both the variants of motorcycles imported as completely build units (CBU) to 50 per cent.

Flyers can now buy duty-free goods worth Rs 25,000

Flyers can now buy duty-free goods worth Rs 25,000

Rediff.com11 Jul 2016

Airports have been asked to ensure that information relating to the use of Indian currency should be displayed at all the duty-free shops.

Govt slashes tariff value on imported gold

Govt slashes tariff value on imported gold

Rediff.com13 Dec 2013

The government on Friday slashed the import tariff value on gold to $398 per ten grams while raising it marginally on silver to $643 per kg in line with global trends.

Taxmen to receive a mystic touch

Taxmen to receive a mystic touch

Rediff.com29 Aug 2017

Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference

Govt cuts import tariff on gold, silver

Govt cuts import tariff on gold, silver

Rediff.com15 Sep 2015

The government on Tuesday slashed the import tariff value on gold and silver to $59 per 10 grams and $ 470 per kg respectively, following weak global cues.