Recent Event Highlights: Excise duty: Indore jewellers continue strike - Times of India, Budget 2012: Jewellers extend protest over duty rejig for 2 days - Economic Times, No rollback of excise duty on jewellery, says CBEC - Chandigarh Tribune, Hike in excise duty to push cycle prices up - Business Standard, To pass on excise duty hike, raise product prices: RC Bhargava - NDTV, Russia mulls flexible mechanism to set fuel excise duty - Platts, and 280 more...
Created by dipity on Feb 24, 2009
Last updated: 04/12/12 at 06:13 AM
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RC Bhargava, Chairman, Maruti Suzuki India says the two wheeler segment will not be affected by excise duty hike. In the four wheeler segment, diesel car sales will continue to go up as they are more popular than petrol cars. "Petrol car sales to be flat or see very minimal growth," he says.
M&M - 2% excise duty hike was on expected lines
The union budget for the year 2012-13 has sought to improve the supply side of the economy and announced considerable subsidies to farmers and retailers. While providing some relief to the individual taxpayer by raising the income exemption limit to Rs. 2 lakh, service tax and excise duty were raised by 2 %, further widening the tax net to make it a balanced budget. The budget however left the industry without major incentives and common man with a fear of inflation.
Maruti - Increase in excise duty to affect car sales
Complete text of Union Finance Minister Pranab Mukherjee's Budget speech for 2012-13 presented on March 16, 2012. ibnlive.com
In a mix of sops and imposts, the General Budget on Friday (March 16) proposed a marginal raise in income tax exemption limit of Rs 20000 but hiked service tax and standard excise duty by 2 per cent across the board to net an additional Rs 41440 crore a year.
New Delhi: Finance Minister Pranab Mukherjee announced a two percentage point hike in the peak excise duty from 10 per cent to 12 per cent. He also proposed to set up a common tax code for service tax and excise duty. This hike in excise duty means auto companies now have to pay excise tax of 24 per cent. For more info log on to: youtube.com
Rajan Mittal, vice-chairman and MD of Bharti Enterprises says hike in excise duty and service tax to 12 per cent will be passed on to the consumers.
Budget 2012-Excise Duty Up To 12 Percent, India's Budget 2012-Excise Duty Up To 12 Percent, Watch Latest News, Budget 2012-Excise Duty Up To 12 Percent, Budget 2012-Excise Duty raises Up To 12 Percent
Pranab Mukerjee : Proposes to raise excise duty to 12% vs 10%
Watch special Debate on "The Union BUdget" day starts with the cabinet meeting revolving around some of the major issues to be dealth with n this years budget.Economic survey suggests that prices should be variable but subsidy should be fixed.Diesel prices might not be increased,role of excise duty,real estate mght too hit the markets. Would the food prices be pinching or not? would dada face the censure of the country or be just in hs favor?
It is being reported that the Uniion BUdget 2012-13 to be presented today by finance minister Pranab Mukherjee might be out of your budget.As per 2008-2009 the releif package that had been provided could be taken aback.Service tax and Airlines could become much expensive. Excise Duty could also soar,during the economic crisis, evey equipment and other medical tests would soar up.SO, whats to be seen is the to be presented union budget.
For more info log on to: youtube.com
For more info log on to: youtube.com
Finance minister Pranab Mukherjee will present Union Budget on Friday. There are many fears attached with this budget such as whether the minister will raise the taxation limit or not and will he make some changes in the present tax slab. For more info log on to: youtube.com
Laughs, hopes & concerns. Many emotions; 1 Budget Note : The views expressed are of individuals and not the company
India Inc's Dream Budget: Pawan Goenka, president at automotive and farm equipment at Mahindra & Mahindra says the industry is concerned over proposals of raising excise duty on diesel cars in Budget 2012.
Mr. Saurabh Agarwal states the expectations from the Union Budget 2012-13 for the Metals and Miningsector. Kotak Securities brings to you a detailed analysis of Indian stock market. Subscribe to our videos for stock tips, sensex updates, tips on stock trading in india for both BSE & NSE, share market analysis etc
Assocham asks govt not to hike excise duty and service tax
KAPITÄN BIOPUNK: FERMENTATION MADNESS by Julian Abraham, an exhibit at the EDIBLE exhibition at SCIENCE GALLERY, Trinity College Dublin, Ireland in 2012 Since raising the excise duty on alcohol significantly in 2010, Indonesia has experienced an increase in homebrewed and black-market alcoholic drinks. However, people drinking this unregulated alcohol often become ill and there have been numerous reported fatalities. This project developed in response to the situation in Indonesia. _Through a series of workshops and an installation, Kapitän Biopunk: Fermentation Madness aims to educate people on how to make safe and cheap fermented alcohol beverages, while democratizing the laboratory and liberating knowledge for a wider society. _The sound installation draws attention to the complexity of the distillation process, permitting the audience to listen to the sound of fermentation, as yeast transforms sugar into ethanol and CO2. The sounds generated depend on a multitude of variables within the production process, including temperature, sugar levels, the types of fruit being used, the quantity of yeast, light intensity and the size of the containers used.
Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com shares his views in a story by CNBC Awaaz on speculated excise duty change in Union Budget 2012-13.
Traffic had built up again, this time it was due to a police checkpoint on Romford Road. It being the 1st of the month, they were out there making sure everyone who generates enough emissions to qualify had a current Vehicle Excise Duty tax disc in their window.
Baba Kalyani: Excise duty hike won't hamper growth
Pakistan Vanaspati Manufacturer Association( PVMA) The Pvma The Pakistan Vanaspati Manufacturers Association (PVMA) came into being with only 7 units as its members in 1961. This Association has been growing remarkably and now it comprises of 94 members engaged in the manufacture of Vegetable Ghee/ Cooking Oil in the organized sector contributing around Rs.30 billion annually to the government exchequer in the form of Custom Duty, Federal Excise Duty and Income Tax etc. The PVMA member Units are not only catering to the needs of Pakistan's whole population, but also supplying this dietary item of daily use to the people of neighboring countries. The export of the Vegetable Ghee to Afghanistan and the Central Asian States via land route through Torkum and Chamman borders is a good source to earn precious foreign exchange for our country. In addition of boosting trade relations with these countries. Previously this Association was functioning as a trade entity, under the Companies Ordinance, 1984 and now it has been duly granted license to operate as Trade Association wef 08-09-2008 by the Directorate General of Trade Organizations, Ministry of Commerce, Government of Pakistan. PVMA is one of the largest contributors to the government exchequer contributing around Rs. 30 billion annually to the government exchequer in the form of customs duty, sales tax, GST and income tax etc. It is also among the top Associations operating as Trade Organization. Moreover, it provides ...
Tv9 discussion on Illicit liquor
Rajesh Mahapatra, Deputy Executive Editor, Hindustan Times. Rajya sabha TV Rstv
--------READ------- These are leftovers from a regular montage, which are leftovers of an AMAZING montage which wont be for a long time. These are quad feeds/splits/stuff i just thought was cool. Got these a long time ago and couldnt decide what to do with them. Song is Glass Elavator by Crown The Empire.
Senior news analyst C Narasimha Rao speaks about ACB raids continues on liquor syndicates and Congress party leader Palvai Govardhan Reddy and TDP leader Varla Ramaiah discusses about liquor syndicates arrests
Doubts abound on sincerity of investigation into Liquor Syndicate
ACB action on liquor syndicates
India's largest car maker Maruti is all set to launch the 'new' Swift Dzire, which it hopes will replicate the success of its predecessor. The company is coming up with a new, shortened version of Maruti Swift DZire, four years after it launched the entry-level sedan in the market. Although the model will qualify for the excise duty of 10 per cent enjoyed by small cars, the company said it is unlikely that the new version of DZire will be priced lesser than the existing one, which ranges between Rs 4.94 lakh and Rs 7.29 lakh (ex-showroom Delhi). [Source: BuisnessToday]
Kewal Kiran Clothing: 10% excise duty hurting textile cos
Gold and silver are likely to become more expansive as,government on Tuesday increased the import and excise duties on these two metals. The new duty structure would be based on value, not a fixed rate. The new rates, two per cent on 10 gm gold and six per cent on one kg silver which means that importers will have to pay double the duty. Similarly, excise duty has been hiked to 1.5 per cent per 10 gm for gold and four per cent per kg for silver.
Import, excise duty hike to fuel gold, silver price rally
Satish Babu's Journalist Diary about Political parties comments on Illicit liquor tragedy in Andhra Pradesh
TV1_JOURNALIST DIARY_020112_PART2, Satish Babu Journalist Dairy on Hooch...Who is there! Journalist Diary on Hooch tragedy in AP. Liquor Syndicate details in Andhra Pradesh. Liquor Syndicates in NTR era. NTR polocies on Liquor. Ban on Liquor. Cheap Liquor, Chandra Babu Naidu Statements on Liquor Syndicate. CM Kiran Kumar on Liquor syndicate Details. Abkari Revenue. Excise Duty in Andhra Pradesh. TV9 Journalist Diary.
Priced between Rs 4.79 Lakh to 6.54 Lakh (ex-showroom Delhi) for the petrol version and Rs 5.80 to 7.09 Lakh for the diesel version, this betrunked three box sedan now also features a dual tone dashboard, integrated stereo (higher variants) and a host of safety equipment The car that had a lot of eye brows raised on the benefits of the lower tax rates due to the under 4 metre length, the 2012 Swift Dzire is now under test runs in the Manesar Factory of Maruti Suzuki. The factory which has faced a lot of labour protests in the recent past and had been producing the Swift hatchback, A-Star hatchback and the SX4 sedan, is now testing the under 4 metre Dzire built based on the swift platform. This means that the car could be released much prior to the Delhi Auto Expo. Factory workers are calling it the Swift 3.99 where the latter denotes the sedan's overall length. The car is speculated to have a 90 bhp engine in both its variants. The manufacturers could have taken a bite off the boot space due to the reduction in car length. The existing Dzire , now in the big car category has brought upon excise duty of 22% compared to the newer model which is getting a 10% reduction in tax. With the designers of the new Dzire going "Honey! I Shrunk the Car!", the Dzire will be a direct competitor to the Toyota Etios and the Tata Indigo sedan. Tata themselves took benefit of the tax reduction by introducing the Indigo CS which made the car around Rs.50000 cheaper. Mahindra is working on ...
www.cardekho.com Maruti Suzuki India is gearing up to introduce a compact sedan of sub-four meter length based on the Maruti Swift Dzire model. According official sources, the trial runs have begun. Maruti India has come up with the decision to launch the compact sedan of 4.16 m length to make the most of the Government's policy of levying low excise duty on the sedans based on the length of the car. The outgoing Maruti Swift Dzire attracts an excise duty of 22% as compared to the 10% excise duty on the compact model. The compact sedan codenamed as Swift 3.99 is currently being manufactured at the Manesar factory.
For New Indian manufacturing Accountants, I have made this video tutorial, with this video tutorial, they will learn the simple steps to file the central excise tax return online without any difficulty. If you want to learn its written text, you can read at www.svtuition.org
Petroleum Minister Jaipal Reddy has ruled out a roll back of subsidy on diesel and said Finance Ministry is considering an increase in excise duty on diesel passenger cars. www.istream.com
BMW today reveals first pictures and details of the new 3 Series, the sixth generation of the world's best-selling premium saloon. The 3 Series Saloon is the heart of the BMW brand, responsible for one-fifth of the company's global sales. When the latest incarnation of 3 Series goes on sale next February it will build on the current model's position as the ultimate drivers' car in its sector. But it will also be the most logical business proposition, thanks to new powertrains and additional EfficientDynamics fuel-saving, emissions-reducing technologies. The new BMW 3 Series Saloon is a car of contradictions: larger and more spacious than the model it replaces, but lighter; quicker in many cases, but more fuel-efficient; and more nimble and agile while even safer. There have been big steps forward in style, quality, comfort and specification for only a minimal price increase. A wider choice of trim levels and an extensive personalisation programme will allow 3 Series Saloon buyers to order virtually a bespoke car. Compact BMW saloons have always appealed to the emotions of keen drivers because of their outstanding driving dynamics, but with the advent of the company's EfficientDynamics technologies to reduce fuel consumption and CO2 emissions in the middle of the last decade, they also present a compelling business case. That advantage is set to increase with the introduction of the new BMW 3 Series Saloon. By March 2012, when additional engines have been added to the four ...
BMW today reveals first pictures and details of the new 3 Series, the sixth generation of the world's best-selling premium saloon. The 3 Series Saloon is the heart of the BMW brand, responsible for one-fifth of the company's global sales. When the latest incarnation of 3 Series goes on sale next February it will build on the current model's position as the ultimate drivers' car in its sector. But it will also be the most logical business proposition, thanks to new powertrains and additional EfficientDynamics fuel-saving, emissions-reducing technologies. The new BMW 3 Series Saloon is a car of contradictions: larger and more spacious than the model it replaces, but lighter; quicker in many cases, but more fuel-efficient; and more nimble and agile while even safer. There have been big steps forward in style, quality, comfort and specification for only a minimal price increase. A wider choice of trim levels and an extensive personalisation programme will allow 3 Series Saloon buyers to order virtually a bespoke car. Compact BMW saloons have always appealed to the emotions of keen drivers because of their outstanding driving dynamics, but with the advent of the company's EfficientDynamics technologies to reduce fuel consumption and CO2 emissions in the middle of the last decade, they also present a compelling business case. That advantage is set to increase with the introduction of the new BMW 3 Series Saloon. By March 2012, when additional engines have been added to the four ...
BMW today reveals first pictures and details of the new 3 Series, the sixth generation of the world's best-selling premium saloon. The 3 Series Saloon is the heart of the BMW brand, responsible for one-fifth of the company's global sales. When the latest incarnation of 3 Series goes on sale next February it will build on the current model's position as the ultimate drivers' car in its sector. But it will also be the most logical business proposition, thanks to new powertrains and additional EfficientDynamics fuel-saving, emissions-reducing technologies. The new BMW 3 Series Saloon is a car of contradictions: larger and more spacious than the model it replaces, but lighter; quicker in many cases, but more fuel-efficient; and more nimble and agile while even safer. There have been big steps forward in style, quality, comfort and specification for only a minimal price increase. A wider choice of trim levels and an extensive personalisation programme will allow 3 Series Saloon buyers to order virtually a bespoke car. Compact BMW saloons have always appealed to the emotions of keen drivers because of their outstanding driving dynamics, but with the advent of the company's EfficientDynamics technologies to reduce fuel consumption and CO2 emissions in the middle of the last decade, they also present a compelling business case. That advantage is set to increase with the introduction of the new BMW 3 Series Saloon. By March 2012, when additional engines have been added to the four ...
BMW today reveals first pictures and details of the new 3 Series, the sixth generation of the world's best-selling premium saloon. The 3 Series Saloon is the heart of the BMW brand, responsible for one-fifth of the company's global sales. When the latest incarnation of 3 Series goes on sale next February it will build on the current model's position as the ultimate drivers' car in its sector. But it will also be the most logical business proposition, thanks to new powertrains and additional EfficientDynamics fuel-saving, emissions-reducing technologies. The new BMW 3 Series Saloon is a car of contradictions: larger and more spacious than the model it replaces, but lighter; quicker in many cases, but more fuel-efficient; and more nimble and agile while even safer. There have been big steps forward in style, quality, comfort and specification for only a minimal price increase. A wider choice of trim levels and an extensive personalisation programme will allow 3 Series Saloon buyers to order virtually a bespoke car. Compact BMW saloons have always appealed to the emotions of keen drivers because of their outstanding driving dynamics, but with the advent of the company's EfficientDynamics technologies to reduce fuel consumption and CO2 emissions in the middle of the last decade, they also present a compelling business case. That advantage is set to increase with the introduction of the new BMW 3 Series Saloon. By March 2012, when additional engines have been added to the four ...
BMW today reveals first pictures and details of the new 3 Series, the sixth generation of the world's best-selling premium saloon. The 3 Series Saloon is the heart of the BMW brand, responsible for one-fifth of the company's global sales. When the latest incarnation of 3 Series goes on sale next February it will build on the current model's position as the ultimate drivers' car in its sector. But it will also be the most logical business proposition, thanks to new powertrains and additional EfficientDynamics fuel-saving, emissions-reducing technologies. The new BMW 3 Series Saloon is a car of contradictions: larger and more spacious than the model it replaces, but lighter; quicker in many cases, but more fuel-efficient; and more nimble and agile while even safer. There have been big steps forward in style, quality, comfort and specification for only a minimal price increase. A wider choice of trim levels and an extensive personalisation programme will allow 3 Series Saloon buyers to order virtually a bespoke car. Compact BMW saloons have always appealed to the emotions of keen drivers because of their outstanding driving dynamics, but with the advent of the company's EfficientDynamics technologies to reduce fuel consumption and CO2 emissions in the middle of the last decade, they also present a compelling business case. That advantage is set to increase with the introduction of the new BMW 3 Series Saloon. By March 2012, when additional engines have been added to the four ...
Sakshi TV - Garment industry observes two-day bandh against excise duty
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