New Delhi, May 18 (IANS) The government’s subsidy payment for fertilisers is likely to go up by around Rs 15,000 crore during the April-June quarter of the current financial year due to the rising costs of imports triggered by the West Asia crisis, source said.Additional Secretary, Department of Fertilisers, Aparna S. Sharma, on Monday, confirmed the rise but did not specify by how much.”The subsidy bill will go up, but by what percentage is something I cannot say.”Despite the cost pressures, …
Latest Maximum Retail Price News & Updates
Amaravati, Feb 3 (IANS) Andhra Pradesh Deputy Chief Minister Pawan Kalyan on Tuesday directed the Excise officials to maintain continuous surveillance on liquor shops and take action against those selling booze at inflated prices.The Deputy Chief Minister received complaints that liquor is being sold at prices higher than the Maximum Retail Price (MRP) across the State.He asked liquor shops not to bring a bad name to the government by selling liquor at higher prices.According to a statement from…
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…