Revenue Secretary says the relief in excise duty on petrol and diesel and customs duty on edible oil will cost the exchequer about Rs 80,000 crore this financial year...

After the introduction of the Goods and Services Tax regime, excise duty is levied only on petrol, diesel, ATF and natural gas...

The move comes at a time when tax collections have started to rise...

Analysts warned there may not be any output hikes till the next fiscal year if there is no resolution to the standoff between the UAE and the Opec+ members...

Experts say the Vivad se Vishwas scheme could have boosted the collections...

Rs. 1.85 lakh crore collected till now, reveals I-T department...

The interest rate would be ‘Nil’ for the first 15 days, post which it would be a concessional 9 per cent rate...

According to the finance ministry, the revenues during the month are 14 per cent higher than Rs 1.23 lakh crore collected in March 2021...

Drive to be carried out from February 12 to 23 at various locations across district...

Businesses and tax assessees needed more time to grapple with the pandemic without being burdened with compulsions of compliance...