Punjab & Haryana HC cancels old textile cess demands
Punjab & Haryana High Court strikes down decades-old cess on textile processors, rules dyeing isn't 'manufacture'. Major relief for units in long legal battle. Read the full judgment details.
Category : Search result: compensation cess
Explained: 8 Questions Defining India's Fiscal Federalism
A deep dive into India's fiscal federalism compact. Understand the 8 crucial questions on tax devolution, cess, and the Finance Commission's role shaping Centre-State finances.
MP power firms want tariff hike despite lower coal cost
Madhya Pradesh discoms seek a steep tariff hike, projecting a Rs 6,044 crore deficit, despite a 25 paise/unit saving from coal cess removal. Experts say the benefit isn't passed to consumers.
Karnataka HC: No Insurer Payout for Accident with Invalid Licence
Karnataka High Court rules insurer not liable for compensation if employer fails to verify driver's valid licence. School ordered to pay Rs 5.38 lakh for 2008 bus accident. Read the full legal analysis.
Himachal's BBMB Cess Unconstitutional: Punjab Minister
Punjab's Power Minister Barinder Goyal declares Himachal's 12% cess on BBMB projects unconstitutional, citing a 2011 Supreme Court ruling. He vows to protect Punjab's rights.
Punjab vs Himachal: Fresh Row Over Rs 500 Cr BBMB Cess
Punjab Minister Barinder Goyal accuses Himachal Pradesh of imposing an illegal Rs 500 crore land cess on BBMB, calling it a conspiracy against Punjab's treasury. Read the full story on the escalating interstate conflict.
Himachal Govt Challenged Fair Land Compensation Order
Himachal Pradesh government's Supreme Court appeal against a high court order for higher land compensation sparks outrage among activists and affected families. Details inside.
MSHRC Orders Compensation for Land Acquired in Thane
Maharashtra Human Rights Commission directs Thane Collector to compensate Kurla man whose plot was acquired for Mumbai-Vadodara project without payment. Read the full story.
National Security Cess to be levied on machine speed, clarifies FinMin
Finance Ministry clarifies National Security Cess will be calculated on machine speed, not production output. This impacts importers and aims to safeguard health, security, and strategic interests.
Cigarette Stocks Plunge as New GST, Excise Duty Take Effect
Cigarette stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
New GST Rates on Tobacco, Pan Masala Effective Feb 1
The GST Council has approved new tax rates for tobacco, pan masala, and other items from February 1. Learn about the revised compensation cess and its impact on prices.
GST Collection Holds Strong at Rs 1.76 Lakh Crore
India's GST revenue for December 2024 stands at a robust Rs 1.76 lakh crore, including cess, demonstrating continued buoyancy despite rate rationalization. Explore the detailed analysis.
New Tobacco & Pan Masala Cess: 40% GST + Excise from Feb 1
India's new tax structure for tobacco & pan masala kicks in Feb 1. Cigarettes face extra excise, pan masala gets 48% 'Health Security Cess'. Read the full impact.
Tobacco Stocks Tank 10% on New Sin Tax Cess Announcement
Godfrey Phillips shares fell 10% as new levies on tobacco and pan masala replaced the GST compensation cess. Explore the market impact and details of the January 2026 tax change.
Sigachi paid ₹42 lakh per family in blast compensation
Sigachi Industries told Telangana High Court it paid ₹42 lakh compensation to each family of the 54 workers killed in the June 2025 blast. The remaining ₹58 lakh of the ₹1 crore total is to be paid by the government. Full details inside.
Tobacco Stocks Plunge as Govt Imposes New Excise Duty, Health Cess
Shares of ITC and Godfrey Phillips India plummeted after the finance ministry notified new excise duty and a health cess on tobacco products. Discover the impact on prices and public health.
ITC Stock Drops on Higher Excise Duty, Health Cess in Budget
ITC shares fell after Budget 2026 proposed higher excise duty on tobacco and a new health cess on pan masala, effective Feb 1. Cigarettes set to get costlier. Full analysis inside.
New Tax on Tobacco, Pan Masala from February 1
The government introduces a new tax structure for tobacco and pan masala from February 1, replacing the GST compensation cess with additional duties. Learn the impact.
New Tobacco, Pan Masala Taxes Effective February 1
India hikes excise duty on tobacco and imposes a health cess on pan masala from February 1, likely raising prices for 100 million smokers. Read the full details and impact.
India's Fiscal Tensions: States vs Centre Over Funds
Recent changes to India's rural job scheme highlight deep fiscal fault lines. States argue their autonomy is eroding as the Centre pushes co-financing. Explore the data on tax shares, cesses, and political penalties.
New Health & National Security Cess on Tobacco from Feb 1
The Centre introduces a new health and national security cess on tobacco, replacing the GST compensation cess from February 1. This tax overhaul aims to keep levies high and align with WHO benchmarks. Read more.
OpenAI's $1.5M Per Employee Pay Sets New Record
OpenAI is paying an average of $1.5 million in stock compensation per employee, the highest in tech startup history, to retain top AI talent in a fierce race against rivals like Meta.
Sigachi Blast: Families Await Full Rs 1 Crore Compensation
Families of Sigachi blast victims, promised Rs 1 crore each, have received only Rs 25 lakh. Migrant workers' kin face financial hardship as they await the remaining Rs 75 lakh. Read their struggle.
Rs 2.21 Crore Awarded to Family of Engineer Killed by Bus
Mumbai's Motor Accident Claims Tribunal orders MSRTC to pay Rs 2.21 crore to the family of Aniket Dabholkar, a 30-year-old engineer fatally struck by a speeding bus. The verdict cites driver negligence. Read the full details.
Red Fort blast victims demand higher compensation
Survivors of the Nov 10 Delhi blast near Red Fort say Rs 20,000 compensation is insufficient for medical bills & lost livelihoods. They urge govt review, citing past precedents.
Rs 1.26 Crore Compensation for Delhi Road Accident Victim's Family
Delhi's Motor Accident Claims Tribunal orders Rs 1.26 crore compensation to the family of a man killed in a 2023 road accident. Read the full details of the landmark ruling.
Auto dealers face ₹2,5k cr hit from GST cess removal
Despite a 17% sales surge, auto dealers face profit squeeze and investor flight due to unresolved GST compensation cess. Supreme Court case looms. Read the full analysis.
Delhi HC Acts to Stop Misuse of Rape Survivor Compensation
Delhi High Court mandates disclosure of compensation in settlement cases to safeguard public funds and protect genuine survivors of sexual violence. Read the full story.
Chef gets Rs 49.54 lakh compensation for leg loss in truck accident
Panchkula MACT awards Rs 49.54 lakh compensation to chef Heera Singh after a truck accident led to leg amputation. The tribunal held driver, owner & insurer liable.
Bhullar Sets 2026 Deadline for 4,800 Pending Hit-and-Run Claims
Punjab Transport Minister Laljit Singh Bhullar directs officials to clear 3,300 death & 1,500 injury hit-and-run claims by March 2026. Learn how victims' families can claim compensation.
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