The CAG State Finances 2023–24 report reveals that States’ Own Tax Revenue (SOTR) has reached nearly 50% of total receipts, ...
India increases cigarette excise duty from February 1st to align taxes with public health impact and global standards ...
Excise duty on cigarettes hiked to align with global practices & address public health impact. GST, WHO benchmarks & revenue ...
A hike in excise duty on cigarettes from February 1 will ensure that such sin goods carry a tax burden proportionate to their severe public health impact, and also align with global best practices in ...
A health and national security cess and excise duty on pan masala and tobacco products respectively will be over and above 40 ...
The Union government’s recent changes to excise duty on cigarettes and the introduction of a machine-capacity-based cess on pan masala mark one of the most significant recalibrations of India’s ...
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