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Sebi to hire tax sleuths to beef up enforcement operations

Last Updated: Sunday, February 1, 2015, 15:53

Armed with powers to carry out search and seizure as well as arrest violators, the market watchdog has been cracking the whip on illegal money pooling activities.

Govt changes excise duty structure on branded diesel

Last Updated: Friday, January 30, 2015, 18:57

The government has changed the excise duty structure on branded or premium diesel, shifting from fixed rates to a combination of ad valorem and fixed duty.

Petrol price cut by Rs 2.42, diesel by Rs 2.25/litre; excise hiked

Last Updated: Friday, January 16, 2015, 20:22

Petrol price was cut by Rs 2.42 per litre and diesel by Rs 2.25 a litre after an excise duty hike limited the benefit of global crude prices slumping to six-year low.

Government raises excise duty on petrol, diesel by Rs 2/litre

Last Updated: Friday, January 16, 2015, 17:50

This is the fourth since Prime Minister Narendra Modi lifted diesel price controls in October.

'MakeinIndia' Twitter goof-up creates flutter on auto duty cut

Last Updated: Tuesday, January 6, 2015, 21:18

Government's 'MakeInIndia' Twitter handle Tuesday created a flutter on the micro-blogging site by erroneously stating that excise duty on cars and two-wheelers has been cut, but corrected the mistake later.

Maruti, Hyundai, GM hike prices by up to Rs 1.27 lakh

Last Updated: Tuesday, January 6, 2015, 21:10

Leading manufacturers Maruti Suzuki, Hyundai and General Motors Tuesday hiked car prices by up to Rs 1.27 lakh, within days of the government's withdrawal of excise duty concessions.

Excise duty on petrol, diesel hiked; no change in retail price

Last Updated: Thursday, January 1, 2015, 20:30

The oil firms had yesterday skipped cutting rates of the two fuels that had become necessary as international oil rates plunged to their lowest level since May 2009.

Govt raises excise duty on petrol, diesel by Rs 2 per litre

Last Updated: Thursday, January 1, 2015, 19:54

The government on Thursday hiked the excise duty on petrol and diesel by Rs 2 per litre.

Auto stocks dip on excise duty concessions withdrawal

Last Updated: Wednesday, December 31, 2014, 18:46

Auto stocks witnessed selling pressure on Wednesday after the government announced ending excise duty concessions for the cars and durable goods.

Cars, durables to be costlier from January as govt ends excise sop

Last Updated: Tuesday, December 30, 2014, 16:13

Come New Year, the prices of automobiles and consumer durables will go up as the government Tuesday decided not to extend the reduced excise duty rates provided to these sectors beyond Dec 31.

Cars to become costlier as government withdraws excise duty cut

Last Updated: Tuesday, December 30, 2014, 16:02

In June, the new government led by Narendra Modi extended the excise duty concession by six months to 31 December.

Durables makers want reduced excise duty beyond Dec 31

Last Updated: Sunday, December 28, 2014, 14:37

Consumer durables industry wants the government to extend the reduced excise duty beyond December 31, stating a higher tax could lead to increased product prices that may affect already sluggish sales.