The UAE Ministry of Finance has issued Cabinet Decision No. (197) of 2025, unveiling a revamped structure for selective goods taxation, including revised rates and methods for calculating the ...

Finance Minister Nirmala Sitharaman on Wednesday (December 3, 2025) said the levy of excise on tobacco will ensure that incidence of tax on the demerit good remains same even after the expiry of the ...

Corporate tax revenue has quickly dipped since Republicans passed tax cuts this summer. But economists think these tax breaks might be worth it. By Andrew Duehren Reporting from Washington For most ...

The Ministry of Finance has announced the issuance of Cabinet Decision No. (197) of 2025 on selective goods, the tax rates or amounts imposed on them, and the method for calculating the selective ...

NEW DELHI: The Centre on Monday moved to overhaul the taxation of tobacco and related products, including cigarettes, snuff, smoking mixtures, and pan masala, by proposing to raise excise duty and ...

Parliament's Winter Session sees the government proposing new excise duty on tobacco and a 'Health Security–National Security Cess' for pan masala. These measures aim to maintain tax revenue post-GST ...

New Delhi: Ahead of next year's phase-out of a goods and services tax (GST) compensation cess, India on Monday unveiled two new tax bills in Parliament — Central Excise Duty Bill and Health Security ...

Finance Minister Nirmala Sitharaman assured on Wednesday that states will also get the share from the excise collected from tobacco items and the rates on bidis have been kept unchanged to ensure that ...

The Central Excise (Amendment) Bill, 2025, will replace the GST compensation cess, which is currently levied on all tobacco products like cigarette, chewing tobacco, cigars, hookahs, zarda, and ...

The government is set to replace the Compensation Cess with a new levy of 70% or higher on tobacco and tobacco products. Finance Minister Nirmala Sitharaman will introduce the Central Excise ...