Page 10 - Latest Updates on Excise Duty
Cut in excise duty on fuel by-product of bypoll results: Chidambaram
The senior Congress leader on Thursday took a swipe at the BJP
 "Cut in excise duty on fuel by-product of bypoll results: Chidambaram")
PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah
The Union home minister on Thursday lauded Modi's decision regarding the excise duty on fuel
 "PM Modi's move to cut excise on fuel brings big relief to public: Amit Shah")
Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura
A cut in excise duty on petrol and diesel and the ensuing drop in retail selling price of these auto fuels should also help address inflation concerns to some extent, analysts said
 "Excise cut on petrol, diesel to cost government Rs 45,000 crore: Nomura")
Diwali cheer: Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10
Experts said the increase in consumption and tax buoyancy will help offset excise duty cuts on fuels to an extent
 "Diwali cheer: Centre cuts excise duty on petrol by Rs 5, diesel by Rs 10")
Govt's excise collection on petro products 79% more than pre-Covid levels
The govt's collection from levy of excise duty on petroleum products has risen 33% in the first six months of the current fiscal when compared with last year and is 79% more than pre-Covid levels
 "Govt's excise collection on petro products 79% more than pre-Covid levels")
New excise policy: Delhi govt seeks applications for serving liquor
Moving ahead with the implementation of its new excise policy, the Delhi government has invited applications from hotels, clubs, motels, bars and restaurants for serving liquor on their premises
 "New excise policy: Delhi govt seeks applications for serving liquor")
Delhi govt has power to float New Excise Policy 2021, observes HC
The Delhi High Court refused to stay the closure of retail vends having L7 licences for the sale of Indian liquor in private sector under the old policy with effect from September 30
 "Delhi govt has power to float New Excise Policy 2021, observes HC")
BS Number Wise: The name's bond, oil bond!
Do you think the government will bite the bullet and cut excise duties?
 "BS Number Wise: The name's bond, oil bond!")
Transparent pricing
Govt should explain the fuel tax rationale
 "Transparent pricing")
Top headlines: Biden defends leaving Afghanistan; VI holds talks for funds
Business Standard brings you the top headlines of the day
 "Top headlines: Biden defends leaving Afghanistan; VI holds talks for funds")
No room to cut excise duty on petrol and diesel, says FM Sitharaman
On inflation, FM said she expected the retail price inflation rate to remain in the range mandated by the Monetary Policy Committee
FM Sitharaman rules out cut in excise duty on petrol, diesel, for now
Govt burdened by interest payments being made for oil bond floated by UPA, says FM
 "FM Sitharaman rules out cut in excise duty on petrol, diesel, for now")
Excise duty on fuel calibrated to generate resources for infra: FinMin
The excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure keeping in view the prevailing fiscal situation
 "Excise duty on fuel calibrated to generate resources for infra: FinMin")
Rising fuel prices further dent stressed sectors of India's economy
Central and state governments have hiked taxes on fuels, pushing retail fuel prices to record highs in most of the country.
 "Rising fuel prices further dent stressed sectors of India's economy")
Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn
To a separate question, the Minister of State for Finance Pankaj Chaudhary said excise collections in April-June this year totalled Rs 1.01 trillion.
 "Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn")
Puducherry govt imposes 20% special excise duty on liquor products
Faced with serious shortfall in excise revenue,the territorial government has imposed a 20 percent special excise duty on maximum retail price uniformly on all brands of liquor products in UT
New Excise Policy will provide fair competition: Delhi govt tells HC
Delhi government told Delhi High Court that its new Excise Policy 2021-22 aims at minimizing corruption and providing fair competition in liquor trade
 "New Excise Policy will provide fair competition: Delhi govt tells HC")
HC refers fresh plea challenging Delhi govt's new Excise Policy
The Delhi High Court Tuesday referred a fresh plea challenging the Delhi government's new Excise Policy 2021-22 to a bench which is already hearing another petition on the issue.
Punjab's excise dept engages IIT-Ropar to audit liquor manufacturing units
Punjab's excise department on Monday said it has engaged IIT-Ropar to conduct an audit of liquor manufacturing units in the state, a move which is aimed to check any pilferage
Delhi excise policy suggests price, outstation sale norm for liquor sale
The Delhi Excise Policy for 2021-22 has recommended price and outstation sale oriented criteria for registration of different brands of liquor
 "Delhi excise policy suggests price, outstation sale norm for liquor sale")
