In a bid to shield refiners from soaring global oil prices due to the ongoing Iran war, the Indian government has reduced excise duty on petrol and diesel by ₹10 per litre, while imposing export ...

The finance ministry issued a notification late on Thursday night reducing the special excise duty on petrol and diesel by ₹10 a litre. With this rejig, SED on petrol now stands at ₹3 per litre while ...

B.C.’s expanded PST and rising costs could undercut innovation incentives, raising questions about long-term business ...

Brazil’s shift to a nationwide consumption tax is more than conceptual; it fundamentally transforms municipal revenue, ...

Finance Minister Nirmala Sitharaman assures a 4.3% fiscal deficit target by 2026-27 despite excise duty cuts, emphasizing efficient revenue management.

Chairman Vivek Chaturvedi said the excise duty cut will result in a revenue loss of around Rs 7,000 crore, while the hike in ...

India overhauls fuel duties, cutting excise on petrol and diesel while raising diesel and ATF export levies to curb inflation ...

Ghana's tax system has been criticized for perpetuating gender inequality, particularly affecting women in the informal ...

WH Partners is pleased to announce the appointment of Mary Anne Inguanez as director, Tax Compliance, and Brady Sammut as director, Indirect Tax. Inguanez brings more than 20 years of experience ...

The CBIC in a circular said ICEGATE e-Payment platform has enabled 'Payment Aggregator' as an authorised mode to facilitate ...

The government is likely to incur a net revenue loss of about Rs 5,500 crore every fortnight following the excise duty cut on ...

The Centre’s Rs 10 per litre excise duty cut on petrol and diesel comes amid surging global crude oil prices, offering ...