Category : Search result: Excise Policy 202627


Gurgaon liquor shops accused of major excise violations

Multiple Gurgaon liquor shops under probe for smuggling now face complaints for serious excise policy breaches, including illegal advertising and selling below MRP. Lawyer demands sealing and license suspension.

SC: Don't make JNV schools a language issue

Supreme Court asks Centre & Tamil Nadu to cooperate on establishing Jawahar Navodaya Vidyalayas, stressing education for rural students over language policy disputes. Read the full story.

NYC Ends Homeless Encampment Sweeps in Policy Shift

New York City halts its controversial homeless encampment sweeps, a major policy reversal announced by Zohran Mamdani. This signals a significant break from Mayor Eric Adams's previous approach.

RBI cuts repo rate by 25 bps to 5.25%

The RBI's Monetary Policy Committee has cut the repo rate by 25 basis points to 5.25%, citing benign inflation. Governor Sanjay Malhotra explains the move despite strong GDP growth. Read the full analysis.

RBI Cuts Repo Rate by 25 bps as Expected

The Reserve Bank of India's MPC cut the repo rate by 25 basis points to 5.25% in its December policy. This marks a cumulative reduction of 125 bps since February. Read the full analysis.

Parliament Approves Excise Duty on Tobacco Bill

The Indian Parliament has approved a bill to impose excise duty on tobacco. Finance Minister Nirmala Sitharaman addressed the Rajya Sabha, detailing the legislation's aspects and responding to queries. Read the full story.

Lok Sabha Passes Tobacco Excise Duty Bill

Lok Sabha approves Central Excise Bill to tax tobacco. Finance Minister says revenue will go to divisible pool, with 41% for states. Opposition criticizes move as filling fiscal gap.

Rs 2 Crore Illegal Liquor Seized by Jhabua Police

Jhabua police intercepted a truck near the Gujarat border, seizing foreign & country-made liquor worth over Rs 2 crore. The driver fled. Read the full details of the major bust here.

Lok Sabha Passes Bill on Tobacco Excise Duty

The Lok Sabha has passed a crucial bill to amend excise duty rates on tobacco and its products. This legislative move aims to update the Central Excise Act, 1944. Read for details and implications.

1925: The Day India Abolished Cotton Excise Duty

On March 1, 1925, the Indian government abolished the excise duty on cotton, a landmark move that revitalized the domestic textile industry and boosted economic self-reliance. Discover the full story behind this pivotal fiscal decision.

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