Jaipur, March 27 (IANS) Rajasthan Chief Minister Bhajanlal Sharma on Friday lauded the Centre’s decision to sharply reduce excise duty on petrol and diesel, calling it a major relief measure for citizens amid global uncertainties.Praising Prime Minister Narendra Modi’s leadership, CM Sharma said the move reflects decisive governance in challenging times.“In this era of global challenges, the leadership of Prime Minister Narendra Modi is proving to be a protective shield for the country,”…
Latest Excise Duty News & Updates
New Delhi, March 27 (IANS) Union Home Minister Amit Shah on Friday said that amid global fuel shortages triggered by the West Asia crisis, which have pushed prices higher worldwide, the Modi government’s decision to cut excise duty on fuel offers much-needed relief to citizens. Taking to social media platform X, Amit Shah said, “As the world is reeling under fuel shortages amid the West Asia crisis, driving up prices globally, the Modi government’s decision to cut excise duty on fuel brings …
New Delhi, March 27 (IANS) The Congress party on Friday said that the excise duty cut on petrol and diesel offers no real relief to the common people and accused the government of fooling people with headlines suggesting a price reduction. The party stated that if people saw reports about petrol and diesel prices “coming down” and assumed it would ease their expenses, they would be mistaken, as prices remain unchanged for both dealers and consumers.Congress leader Pawan Khera took to social …
New Delhi, March 27 (IANS) Union Minister Kiren Rijiju on Friday reassured that there is no lockdown in the country and urged state governments to prevent hoarding and ensure smooth fuel supply while praising Prime Minister Narendra Modi for the government’s decision to slash excise duties on petrol and diesel, calling it a historic step to protect common citizens amid global uncertainties. Speaking to reporters, Rijiju said, “I would like to thank the Prime Minister on behalf of the entire …
New Delhi, March 10 (IANS) Air India group on Tuesday announced a phased expansion of fuel surcharge on its domestic and international routes, saying the move is “necessitated by the steep rise in jet fuel prices” arising from the geopolitical situation in the Gulf region.The new fuel surcharges are being implemented in three phases, covering travel on all flights, including those operated by Air India Express.In Phase 1 (for all new bookings made from 0001 hours India Standard Time on March…
New Delhi, Feb 9 (IANS) Despite adequate funding and provincial autonomy following the 18th Amendment in Pakistan, Sindh has emerged as a distressing case of policy failure and neglect, according to a new report.The ‘Household Integrated Economic Survey 2024-25’ reflects the paradox, painting two Pakistans — one advancing and the other left behind, according to Express Tribune. For example, Sindh has highest proportion of households (14 per cent) without any toilet facilities — worse than…
New Delhi, Jan 31 (IANS) From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called ‘sin goods’.An additional excise duty will now be charged on cigarettes and tobacco products, along with a new health and national security cess on pan masala.These new levies will replace the earlier system under which these products were taxed at 28 per cent GST along with a compens…
New Delhi, Jan 23 (IANS) India’s gross tax revenue is projected to improve in FY27, rising by 9.6 per cent, marginally lower than projected nominal GDP growth of 10.1 per cent, a report said on Friday.The report from CareEdge Ratings said that direct tax collections are expected to see some improvement in FY27, aided by recovery in income and corporate tax collections.The government’s capex is projected to grow 10 per cent to Rs 12.3 trillion in FY27, while the fiscal deficit is expected to be b…