Union Excise Duties News Today

Finance Minister Nirmala Sitharaman today presented the Government's last Budget before the general elections. The Budget 2024, an interim before a new administration takes oath, focussed and infrastructure and long-term reforms to drive growth.

Major share of government revenue comes from borrowings and liabilities

New Delhi [India], April 7 (ANI/PNN): Union Budget 2023-24 Highlights: Announcing its last full Union Budget 2023 before the 2024 elections, the NDA government focused on a slew of measures that expanded Capital Expenditure spending and tied in various priorities including Green Growth, Youth Power and Inclusive Development

In a strong response to Prime Minister Narendra Modi’s statement that Opposition-ruled states not reducing fuel taxes in synchronisation with the Centre has burdened people there, Tamil Nadu Chief Minister M K Stalin on Thursday said the remarks are akin to “trying to cover a pumpkin in a handful of rice.”

Tamil Nadu Chief Minister M.K. Stalin and Finance Minister Palanivel Thiaga Rajan on Thursday blamed the BJP-led central government for hiking the petrol and diesel prices.Speaking in the state Assembly, Stalin said as the excise duty has to be ...

Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Thursday urged the Centre to remove cesses and surcharges on petrol and diesel revert to the 2014 rates, an act which is fair and simple."We have repeatedly urged the Union government ...

Tamil Nadu Finance Minister Palanivel Thiaga Rajan on Thursday urged the Centre to remove cesses and surcharges on petrol and diesel revert to the 2014 rates, an act which is fair and simple.

India's Union Budget 2022-23 indicates the government's intention to use capex to serve as a booster for the economy. We outline key announcements.

Rubiks Cube Of Petrol, Diesel Pricing Crowded Petrol Station (Photo by Mujeeb Faruqui/Hindustan Times via Getty Images) Snapshot Explained thus is why fuel prices are rising in India and why it is not in the governments interest to reduce taxes on petroleum products. The steady rise in petrol and diesel prices with the petrol retail price crossing Rs 100 in some cities has put the spotlight again on a recurrent subject. This beckons an attempt to marshal some relevant facts. India is the th...

Credit: Shutterstock/> The 15th Finance Commission submitted its final report in November 2020 and the government tabled it in the parliament February 1, 2021, along with Budget 2021. It also submitted an explanatory memorandum containing its responses to the recommendations of the 15th Finance Commission (FC). The Government of India accepted the FC’s recommendations with respect to local governments, including municipalities (also known in government parlance as urban local bodies). The 15t...