Parliament Winter Session: Finance Minister Sitharaman moves two bills for new cess on tobacco and other 'sin goods'
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Parliament Winter Session: Finance Minister Sitharaman moves two bills for new cess on tobacco and other 'sin goods'
New bills have been introduced to change taxes on tobacco and pan masala. The Central Excise Amendment Bill will levy excise duty on tobacco products. The Health Security se National Security Cess Bill, 2025, will apply to pan masala and other notified goods. Revenue from tobacco excise will be sha»»»
Select Committee on Insolvency and Bankruptcy Code Amendment Bill invites suggestions
New Delhi [India], October 21 (ANI): The Select Committee on Insolvency and Bankruptcy Code (Amendment) Bill, 2025, headed by MP Baijayant Panda, has invited views and suggestions on the Bill from experts, industry associations, organisations, and stakeholders, according to an official statement. P»»»
States deprived of cess tax collections, says TMC MP
12 New Delhi: Trinamool MP Derek O'Brien on Thursday said states don't get their share in cess tax collections and this was equal to "loot". In a post on X, the Rajya Sabha member said the cess, a tax levied for promoting services like health and education, makes up 26% of Gross Tax Revenue."Cess =»»»
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