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Excise Duty

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'Reason to believe' must be given to arrestee under PMLA: SC

The Supreme Court on Friday held that "reason to believe" for arresting a person under the Prevention of Money Laundering Act must be furnished to the arrestee to enable him to challenge his......

Arrest under PMLA can't be on officer's whims and fancies: SC

The Supreme Court said on Friday that the power to arrest under the anti-money laundering law cannot be exercised according to the whims and fancies of the Enforcement Directorate officer. IMAGE:......

Has Modi Learnt Nothing From Election Result?

On June 26, for the likes of me, the music died. Any impression of potential change held forth by the outcome of the 2024 general election, was vaporised, states Shyam G Menon. IMAGE: Prime......

HC stays Kejriwal's bail, says trial court order reflects perversity

In a blow to Delhi Chief Minister Arvind Kejriwal, the Delhi high court on Tuesday stayed the trial court order granting him bail in the money laundering case arising from the alleged excise scam,......

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......

'No Sunset Clause For Old Tax Regime'

'We have now drastically simplified it, primarily to two rates in long-term capital gains: 20% and the applicable rates. Similarly, in short-term capital gains.' 'For listed shares, there is a......

Taxes comprise 63% in govt coffer: Budget documents

For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents. Photograph: Kind courtesy......

What Sitharaman's 7th Budget has in store for us

Highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday. Illustration: Dominic Xavier/Rediff.com Standard deduction in new tax regime......

Key numbers to watch out for in Sitharaman's 7th Budget

Finance Minister Nirmala Sitharaman will on Tuesday present her 7th straight Budget that would lay a roadmap for Viksit Bharat (developed India) by 2047, while giving a glimpse of the Modi......

GST@7: Challenges But Collections Surge

Average monthly GST collection rose from Rs 90,000 crore during the first year of its implementation -- 2017-2018 -- to Rs 1.68 trillion during 2023-2024, representing an 87 per cent rise.......

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