May 27, 2016 at 17:47 | Source: CNBC-TV18
The scheme aims to take out polluting vehicles off the street and incentivise car-owners to replace vehicles older than 11 years by providing excise duty exemptions on new vehicles among other benefits.
May 23, 2016 at 17:01 | Source: CNBC-TV18
Analysts expect tepid volumes growth as competition intensified. They expect sales to be impacted by higher excise duty at Baddi plant and increase in excise duty by 6-9 percent.
May 20, 2016 at 18:08 | Source: Moneycontrol.com
Britannia said growth for fourth quarter and full year (FY16) was impacted by about 100 basis points due to phasing out of excise duty incentives available to the company.
May 17, 2016 at 20:20 | Source: PTI
While demanding a reduction in excise duty, transporters said the increase in the prices of diesel has hit the transporters hard and made it it difficult for them to earn their livelihood amid slump in the market.
May 11, 2016 at 17:36 | Source: PTI
Indirect tax collections have seen an uptrend at the start of the current fiscal and are likely to rise further this year, offsetting the weakness in directtax receipts as also helping fiscal consolidation targets,says a DBS report.
May 10, 2016 at 11:01 | Source: CNBC-TV18
FY16 saw a good indirect tax collection overall, where the excise duties rose 70 percent due to sharp hike in fuel prices, and customs duties by 22 percent due to rise in price of commodities like steel, coal and gold, says Radhika Rao, Economist at DBS Bank.
May 10, 2016 at 07:30 | Source: PTI
In the Budget for 2016-17, Finance Minister Arun Jaitley had proposed to levy a basic customs duty of 10 percent on charger or adaptor, battery, wired headsets for use in manufacture of mobile handsets including cellular phones.
May 09, 2016 at 21:44 | Source: PTI
Revenue Secretary Hasmukh Adhia said excise duty mop up in April spurt by 70 percent to Rs 28,252 crore as against Rs 16,546 crore in the year-ago month.
May 04, 2016 at 14:36 | Source: PTI
Citing reasons for the fall, the official said, "not much was imported due to poor demand in the wake of jewellers' strike in April. Whatever gold that was imported in January and February was being used."
Apr 28, 2016 at 18:08 | Source: PTI
Tearing into the opposition charge that imposition of the levy was killing the trade, Finance Minister Arun Jaitley refuted the allegations saying when items of common use were being taxed, how could luxury items be kept out.