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Shally Seth 11:28 PM | August 27,2009
In India, at least 90% of the trucks and buses and at least 70% of the new cars are bought on credit, HDFC being the largest financer for car loans in the country
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Shally Seth 12:36 AM | July 08,2009
This follows as the Union Budget announced a cut in excise duty of cars with engine capacity of at least 2000 cc from Rs20,000 to Rs15, 000 per vehicle
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PTI 04:07 PM | July 06,2009
Excise duty on petrol-driven trucks and lorries has also been reduced to 8% from 20%
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PTI 05:59 PM | July 05,2009
Despite the recession, the FMCG industry grew last fiscal due to the demand from the rural sector
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Reuters 02:32 PM | June 29,2009
The industry wants the export ban on cement to be lifted in order to increase the global competitiveness of Indian cement
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PTI 02:08 PM | June 29,2009
It did not make sense for the Domestic Tariff Aarea units to buy things from SEZs because it subject them to paying both the CST and customs
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PTI 03:25 PM | June 23,2009
The ministry has sought inclusion of hotels in list of infrastructure products ,and exemption of service tax and excise duty for hotels
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PTI 04:29 PM | June 22,2009
The government has been mulling decontrolling petrol and diesel prices for couple of months now but may be fast losing the window as the move would now result in steep rise in fuel prices
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Taxation Economics | Satya Poddar 12:30 AM | June 22,2009
By bringing alcohol within the ambit of GST, both the states and the Centre would be empowered to levy tax, states though may be reluctant to accept this jurisdictional encroachment by the Centre
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PTI 12:32 PM | June 18,2009
The CMIE said that lower tax revenue would be on account of the announcement of cuts in the rates of excise duty and service tax after the interim budget
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PTI 04:31 PM | May 17,2009
At present, passenger vehicles above 1500 cc engine size attract additional excise duty ranging between Rs15,000 and Rs20,000 over and above the 20% excise they attract
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PTI 04:10 PM | May 04,2009
The packaged software industry has been reeling under the pressure of rising cost partly led by being taxed twice; service tax as a service and then excise duty as a good
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Vijaya Rathore 11:55 PM | April 09,2009
ITC has submitted a recommendation to the government to allow it to create a new filter cigarette segment of less than 60mm size, said a person familiar with the development
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12:57 AM | March 25,2009
An official of the CBDT said direct tax collection of Rs3.12 trillion as of 17 March includes Rs18,000 crore recovered from regular payers and corporate assesses
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Reuters 12:40 PM | March 02,2009
Retail prices of bulk cement can drop by about Rs3 per bag, while steel prices are expected to come down by Rs500-750 a tonne
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