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Custom And Excise

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Grievances piling Up, Modi demands action against Customs, Excise officials:

Taking strong exception to complaints and grievances of people concerning the customs and excise sectors, Prime Minister Narendra Modi on Wednesday said strict action would be taken against erring......

Presidential award for 32 Customs, Excise men

The government will honour 32 Customs and Excise officials for showing exceptional commitment and devotion to duty on a sustained basis while achieving goals set for their organisations.They will......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Pune bar 'drug' video arrests rise to 14 as excise dept nabs 6 waiters

The number of arrests in connection with a probe into a viral video allegedly from a Pune bar reached 14 on Monday evening after six waiters of the eatery were nabbed by the Maharashtra excise......

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

At least seven persons were arrested by Hong Kong customs authorities on Friday in connection with the territory's biggest money-laundering case involving a whopping HKD 14 billion (USD 1.8......

Customs, excise mop-up may see Rs 1-trillion shortfall in FY23

The Centre is staring at a combined shortfall of up to Rs 1 trillion in excise and Customs revenues in the current financial year (FY23) compared to the Budget estimates (BE), mainly because of......

Economists see reforms in the air ahead of Budget

Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption,......

Govt to earn Rs 25K cr from hike in customs, excise duties

While the surcharge on super-rich would help garner additional income of around Rs 12,000 crore this fiscal on the direct tax side. Illustration: Uttam Ghosh/Rediff.com The government will earn a......

Slowdown impact: Customs, excise realisation decline

Hit by slowdown and reduction of duty on petroleum goods, customs and central excise collection declined during September.While the customs duty collection realisation during the month declined by......

No arrest for custom & excise tax evasion without warrants: SC

Offences of evading customs and excise tax are bailable and an accused person cannot be arrested without warrants, the Supreme Court has ruled saying such crimes cannot be equated with criminal......

Service tax row: Supreme Court rejects BCCI's plea

The Supreme Court on Wednesday rejected the Board Of Control For Cricket In India's plea against a tribunal order asking it to pay around Rs 18 crore as service tax for video graphing matches and......

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