News for 'excise revenue'

Certain issues on GST that must be resolved

Certain issues on GST that must be resolved

Rediff.com3 Aug 2015

The Congress filed a dissent note on eight provisions.

GST may add to India Inc's documentation burden

GST may add to India Inc's documentation burden

Rediff.com27 Mar 2017

Service companies such as Infosys, Tata Consultancy Services and Airtel, among others, would be particularly hit.

Chidambaram's parting sweep puts tax boards in a fix

Chidambaram's parting sweep puts tax boards in a fix

Rediff.com19 May 2014

A decision by P Chidambaram in his last days as finance minister has annoyed the revenue department.

Taxman demands $88 mn from Cadbury India

Taxman demands $88 mn from Cadbury India

Rediff.com6 Apr 2015

India's tax authorities began investigating Cadbury in 2011.

Firm part of PM's LS poll campaign under service tax scanner

Firm part of PM's LS poll campaign under service tax scanner

Rediff.com24 May 2016

A firm, which managed Prime Minister Narendra Modi's hugely successful Lok Sabha campaign, has come under the scanner of revenue authorities for alleged service tax evasion.

FinMin worried over tax mop -up

FinMin worried over tax mop -up

Rediff.com18 Oct 2013

Chidambaram to meet revenue boards on how to get much more and quickly; special audits and notices among measures likely.

Confused about the Budget proposals? Please read this

Confused about the Budget proposals? Please read this

Rediff.com1 Mar 2015

Indian economy about to take-off

UPSC marks disclosed: Civil services topper Tina Dabi got 52.49%

UPSC marks disclosed: Civil services topper Tina Dabi got 52.49%

Rediff.com15 May 2016

Tina, 22, a graduate from Delhi's Lady Shri Ram College, topped the 2015 civil services exam securing 1,063 marks (52.49 per cent) out of a total of 2,025-comprising 1,750 of main and 275 of interview.

Highlights of the Union Budget

Highlights of the Union Budget

Rediff.com29 Feb 2016

Finance Minister Arun Jaitley on Monday presented the Union Budget for 2016-17.

Cigarettes won't be cheaper under GST

Cigarettes won't be cheaper under GST

Rediff.com17 Jul 2017

The peak GST rate of 28 per cent as also the 5 per cent ad valorem cess will continue

Revamped GST rules cheer avaition sector

Revamped GST rules cheer avaition sector

Rediff.com13 Nov 2017

The revised structure will help to keep airfares down, when airlines already face a triple challenge of rising crude oil prices, rupee depreciation and constrained airport capacity.

'It's a balanced Budget that protects the interests of different groups'

'It's a balanced Budget that protects the interests of different groups'

Rediff.com2 Mar 2015

Chief Economic Advisor Arvind Subramanian's interview.

Tracing GST's evolution as an idea

Tracing GST's evolution as an idea

Rediff.com26 Aug 2016

Reform ideas do not occur overnight and evolve over the years.

GST deadlock over administrative control on assessees

GST deadlock over administrative control on assessees

Rediff.com21 Nov 2016

Continued lack of consensus at next meeting could cast shadow on GST rollout by April 1.

COVID-19 Effect: Modi is unlikely to give up new powers

COVID-19 Effect: Modi is unlikely to give up new powers

Rediff.com5 May 2020

Four decades of federal evolution made India more secure, but coronavirus is reversing that. Modi's central government has tasted power again and is unlikely to give it up, notes Shekhar Gupta.

GST to herald economic integration: Jaitley

GST to herald economic integration: Jaitley

Rediff.com9 May 2015

He slammed those trying to stall passage of the Bill in Parliament saying they were attempting to 'stop progress of the country

How Chidambaram plans to check tax evasion

How Chidambaram plans to check tax evasion

Rediff.com12 Dec 2013

The intelligence wing of Central Board of Excise and Customs has 532 officers and staff, he said, adding, the staff strength of DRI will double when cadre review is completely rolled out.

Moily asks FinMin to cut duties on branded petrol and diesel

Moily asks FinMin to cut duties on branded petrol and diesel

Rediff.com7 Nov 2013

Oil Minister M Veerappa Moily has asked the finance ministry to cut duties on branded petrol and diesel that offer better mileage and help cut fuel consumption.

Gold smugglers switching over to cigarettes, currencies

Gold smugglers switching over to cigarettes, currencies

Rediff.com1 Feb 2016

In the past 18 months, the department of revenue intelligence has seized 50 containers of cigarettes, valued at nearly Rs 200 crore

GST becomes law as President gives assent to constitutional amendment bill

GST becomes law as President gives assent to constitutional amendment bill

Rediff.com8 Sep 2016

The passage of the bill will pave the way for setting up of a GST council that will decide the tax rate, cess and surcharges.

Why petrol prices may touch Rs 100

Why petrol prices may touch Rs 100

Rediff.com11 Sep 2018

'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'

Buses & pick-up vans escape cess under GST

Buses & pick-up vans escape cess under GST

Rediff.com28 Mar 2017

No mention of cab aggregators in GST bills

GST council clears draft compensation bill

GST council clears draft compensation bill

Rediff.com18 Feb 2017

Inching towards rolling out of GST, the GST Council on Saturday approved a law to compensate states for any loss of revenue from the implementation of the new national sales tax but deferred approval for enabling laws to next meeting.

Yogi Deveshwar: The Risk Taker

Yogi Deveshwar: The Risk Taker

Rediff.com12 May 2019

During his time as executive chairman, the company's net revenues grew 17-fold to Rs 42,777 crore and profit after tax nearly 40 times to Rs 10,289 crore. Total shareholder returns grew at a compounded annual rate of around 20%. Besides numbers, his biggest achievement was to transform ITC from a cigarette company to a diversified enterprise.

IT firms put up a poor show in Q2, all eyes now on auto, pharma

IT firms put up a poor show in Q2, all eyes now on auto, pharma

Rediff.com20 Oct 2014

That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.

Plastics sector urgently needs technology up-gradation fund scheme

Plastics sector urgently needs technology up-gradation fund scheme

Rediff.com26 Feb 2016

Import duty on PVC, at 7.5%, is far lower than that prevailing in comparable economies.

Yediyurappa picks 3 deputy CMs for Karnataka

Yediyurappa picks 3 deputy CMs for Karnataka

Rediff.com26 Aug 2019

Among the three Deputy Chief Ministers are Govind Karjol, who has also been given the charge of PWD and Social welfare; Ashwath Narayan the portfolio of Higher Education, IT & BT, Science and Technology; and Laxman Savadi with Transport department.

MPC votes 5-1 to keep policy rates unchanged

MPC votes 5-1 to keep policy rates unchanged

Rediff.com6 Dec 2017

The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.

'Black day' for Central GST enforcers today

'Black day' for Central GST enforcers today

Rediff.com30 Jan 2017

Its officers would wear black bands on Monday, which is also Martyrs day, the IRS Association (Customs and Central Excise) has said.

Why Modi's tax charter reads like a cruel joke

Why Modi's tax charter reads like a cruel joke

Rediff.com26 Aug 2020

'Under this government, tax laws have become more draconian, and the government itself is setting stiff, unrealistic targets for tax officials, who have got more powers to harass us,' points out Debashis Basu.

Budget unveils initiatives to boost growth, empower India

Budget unveils initiatives to boost growth, empower India

Rediff.com28 Feb 2015

NDA government has shunned populism.

GST logjam: Centre to take middle path on compensation, oil

GST logjam: Centre to take middle path on compensation, oil

Rediff.com8 Sep 2014

Preparing legal framework to protect states from revenue loss.

The 5 men who will decide how funds get shared by Centre and states

The 5 men who will decide how funds get shared by Centre and states

Rediff.com28 Nov 2017

The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.

Govt renegotiating tax treaties to curb illicit wealth flows

Govt renegotiating tax treaties to curb illicit wealth flows

Rediff.com17 Dec 2014

The comments come at a time when the Supreme Court-constituted Special Investigation Team has detected funds worth about Rs 4,479 crore (Rs 44.79 billion) held by Indians in a Swiss branch of HSBC bank, while unaccounted wealth totalling Rs 14,958 crore (Rs 149.58 billion) have been traced within home.

IRS officer Nandini tops civil services exam

IRS officer Nandini tops civil services exam

Rediff.com31 May 2017

She had got 849th rank in the 2014 civil services exam and was allotted the Indian Revenue Service (Customs and Central Excise).

Coronavirus: Cong welcomes decision to cut MPs' salaries

Coronavirus: Cong welcomes decision to cut MPs' salaries

Rediff.com6 Apr 2020

'Dear PM, INC supports the salary cut for MPs. Please note that MPLAD is meant to execute developmental works in the constituency. Suspending it is a huge disservice to the constituents and will undermine the role and functions of MP,' Congress chief spokesperson Randeep Surjewala said on Twitter.

Delhi Airport faces alleged service tax evasion charge

Delhi Airport faces alleged service tax evasion charge

Rediff.com24 Aug 2014

DIAL is a joint venture consortium of GMR Group, Airports Authority of India, Fraport and Malaysia Airports Holdings Berhad.

'FM did nothing to create jobs, reduce inequality'

'FM did nothing to create jobs, reduce inequality'

Rediff.com2 Feb 2021

'I would want people to have food on their tables and their wages to rise.' 'Will that happen or not is the question that we need to ask and answer.'

UP portfolios announced; Adityanath retains home

UP portfolios announced; Adityanath retains home

Rediff.com22 Mar 2017

The list has been sent to Governor Ram Naik for approval.

Tax terrorism can be reduced if FM is serious

Tax terrorism can be reduced if FM is serious

Rediff.com1 Jun 2015

Despite finance minister's assurance, tax officials seem reluctant to take steps for tackling issues at stake