Articles for Excise Duties

Karnataka government may hike beer prices: Third round, but at what cost? - Karnataka News
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1 day, 13 hours ago

Karnataka government may hike beer prices: Third round, but at what cost? - Karnataka News

India Today  

After last year’s beer price hike, the Karnataka government is considering another round of increase, leaving alcohol consumers bracing for a bitter sip. In February 2024, the state government again increased beer prices by 10 per cent; the second rise led to another Rs 15 hike per bottle. In addition to labeling concerns, the proposed excise duty hike on strong …

Karnataka Beer Prices Price State Hike Bai
BBB proposes lowering excise duties on cigarettes to boost tax revenues
1 month, 1 week ago

BBB proposes lowering excise duties on cigarettes to boost tax revenues

NL Times  

BBB parliamentarian Henk Vermeer wants to reverse the increase in excise duties on tobacco products now that the revenue from the measure proved lower than expected. Cancer organization KWF Kankerbestrijding is very much against the idea, pointing out that the excise increase was not to raise money for the treasury, but to discourage young people from smoking, RTL Nieuws reports. …

Revenue Increase Excise Cigarettes Vermeer Tobacco Products Excise Duties
Centre cuts excise duty on petrol by ₹5, diesel by ₹10
3 years, 2 months ago

Centre cuts excise duty on petrol by ₹5, diesel by ₹10

The Hindu  

The Government on Wednesday finally bit the bullet on runaway fuel prices and slashed excise duties on petrol and diesel by ₹5 and ₹10 per litre respectively, citing the need to help farmers for the rabi crop, ease inflation and give the economy a consumption boost. Goa Chief Minister Pramod Sawant said the prices of petrol and diesel would be …

Tax States Fuel Prices Price Centre Gst
Are UPA’s oil bonds to blame for high fuel prices?
3 years, 4 months ago

Are UPA’s oil bonds to blame for high fuel prices?

Hindustan Times  

Fuel prices continue to be at record levels in the country. This increase in union excise duties happened as the central government increased excise duty on petrol by 65% to ₹ 32.98 per litre and diesel by 101% to ₹ 31.83 per litre between March 2020 and May 2020 in view of falling crude oil prices. Finance minister Nirmala Sitharaman …

Oil Union Prices Upa Petrol Bonds Excise