States across the country impose VAT or sales tax on petrol and diesel which vary from one to another.
12 Sep 2018 1:02 AM
He emphasised on the Central Government to reduce the excise duty on fuel products.
11 Sep 2018 1:04 PM
The total tax incidence on petrol comes to 45-50 per cent and on diesel, it is 35-40 per cent.
22 Aug 2018 4:55 AM
Revenue collections from GST are a crucial pillar of government’s plan to cut its fiscal deficit.
22 Jul 2018 1:43 PM
In India, petrol is the costliest in Mumbai where high local taxes has led a price of Rs 84.07 per litre.
20 May 2018 11:57 AM
Traders with dues of more than Rs 5 lakh and efforts to trace them has been initiated with the help of banks.
21 Dec 2017 1:55 PM
GST was meant to unify $2 trillion economy and make it easier for companies to transact across state borders.
27 Jul 2017 12:19 PM
GST will be a national sales tax that will be levied on consumption of goods or use of services.
18 May 2017 10:00 AM
Small cars currently attract a 12.5 per cent central excise duty.
24 Apr 2017 5:37 PM
The finance department, which was earlier apprehensive of meeting its target of Rs 90,985 crore, is now confident of reaching its goal.
03 Mar 2017 1:20 AM
Net collection for customs and service tax up by 10.1 per cent and 9.4 per cent respectively in January 2017.
10 Feb 2017 1:08 PM
A slump in business activity stemming from the cash crunch has caused the revenue of state govts.
22 Dec 2016 10:05 AM