Officials estimated the value of the haul at around ₹10 crore in the black market – the state’s largest recovery of illegal ...

Excise duty is an indirect tax. That means the tax amount is included as part of the selling price. Excise duty, also known as excise tax, is ultimately passed on and paid by the consumer when he ...

In a major crackdown ahead of Christmas and New Year celebrations, the excise department of Pune arrested five individuals in ...

An excise tax is a tax levied by the government on a specific good or service; it is paid by the manufacturer or the supplier, rather than the consumer. However, an excise tax, which any level of ...

Curtis Dubay, recognized as a leading expert on taxation issues, is a former research fellow in tax and economic policy. The Senate Finance Committee proposes to substantially raise taxes on middle- ...

The Bill was tabled earlier amid the Opposition's protest demanding a discussion on the Special Intensive Revision (SIR) of ...

A state Court of Claims judge denied requests from cannabis businesses and a trade group to halt Michigan's new 24% excise ...

Finance Minister Nirmala Sitharaman said excise duty on tobacco will replace the GST compensation cess, ensuring no extra tax ...

Bill, 2025, for discussion and passage in the Lok Sabha, Sitharaman said since the GST law caps maximum rate of tax at 40%, ...

Fresh controversy has erupted over a proposed amendment to the Customs and Excise Tariff (Consolidation) Act that seeks to ...

The Bill proposes an excise duty of 60-70% on unmanufactured tobacco while excise on cigars and cheroots is proposed at 25% ...

Parliament approves a Bill to increase excise duty on tobacco products following the end of the GST compensation cess.