Finance Minister Nirmala Sitharaman on Thursday (December 4, 2025) said the proposed Health and National Security Cess will not be levied on essential commodities, and the proceeds will be shared with ...

Parliament's Winter Session sees the government proposing new excise duty on tobacco and a 'Health Security–National Security Cess' for pan masala. These measures aim to maintain tax revenue post-GST ...

New Delhi: Ahead of next year's phase-out of a goods and services tax (GST) compensation cess, India on Monday unveiled two new tax bills in Parliament — Central Excise Duty Bill and Health Security ...

NEW DELHI, Dec 1 (Reuters) - India unveiled two new tax bills in parliament on Monday, aiming to overhaul levies on "sin goods" such as tobacco, a spice mix known as pan masala and other items, ahead ...

Union Finance Minister Nirmala Sitharaman on Thursday informed the Lok Sabha that the proposed Health and National Security Cess will not be levied on essential commodities but would be imposed on the ...

According to the proposed health and national security cess legislation, the levy is expected on the production capacity of specified items Union finance minister Nirmala Sitharaman is scheduled to ...

The industry had previously appealed to Prime Minister Narendra Modi for an intervention to prevent the loss of these credits. Auto industry representatives have urged the government to resolve the ...

Finance Minister Nirmala Sitharaman on Thursday clarified that the proposed Health and National Security Cess will apply only to demerit goods such as pan masala and not to any essential commodities.

The Federation of Automobile Dealers Associations (FADA) had approached the Supreme Court in October seeking relief, with the court noting that it supports reform but also emphasizes fairness and ...

While the Central Excise (Amendment) Bill, 2025, seeks to impose excise duty on tobacco and related products like cigarette, chewing tobacco, cigars, hookahs, zarda, and scented tobacco, replacing the ...

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday said the current tobacco tax regime will remain in place until the end of the month, and that the overall tax burden on the tobacco industry ...

The Bill seeks to replace the existing excise duty rates on tobacco products, which were kept low since the rollout of GST in 2017. (PTI) The government has proposed to increase the central excise ...