Stay updated with the latest excise news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on excise topics.
New Delhi: Moody's Ratings has lowered India's GDP growth forecast for FY27 to 6 per cent from 6.8 per cent earlier, citing the economic fallout of the ongoing West Asia conflict. In its latest credit opinion, Moody's warned that prolonged disruptions, especially in liquefied petroleum gas (LPG) supplies, could trigger household shortages, raise fuel and transport costs, and spill over into food inflation due to India's dependence on imported fertilisers. The region accounts for nearly 55 per ...Read More >
New Delhi [India], April 5 (ANI): In a significant development ahead of the scheduled hearing, former Delhi Chief Minister Arvind Kejriwal, along with several other former accused in the alleged liquor scam, has moved an application before the Delhi High Court seeking the recusal of Justice Swarn Kanta Sharma from the case. According to the Aam Aadmi Party (AAP) legal team, Kejriwal may appear before the Court on April 6 and could make submissions in person during the hearing. Also Read | UP G ...Read More >
New Delhi, Apr 5 (PTI) Former chief minister Arvind Kejriwal on Sunday moved a plea in the Delhi High Court seeking the recusal of Justice Swarana Kanta Sharma in the matter concerning the CBI's plea against the discharge of the AAP convenor and all other accused in the liquor policy case. According to sources privy to the development, Kejriwal is expected to appear in person to argue the application that is likely to come up for hearing on Monday. A similar plea for recusal is expected to be ...Read More >
New Delhi: Amid rising tensions in West Asia and concerns around the Strait of Hormuz, the Government of India has rolled out a series of measures to secure energy supply, shipping operations and the safety of its citizens in the region. The Ministry of Petroleum and Natural Gas has assured that petrol, diesel and LPG remain available across the country. The government has advised citizens to avoid panic buying and unnecessary LPG bookings. It has also asked people to use digital booking system ...Read More >
New Delhi [India], April 5 (ANI): The government on Sunday said fuel supplies across the country remain stable despite the ongoing conflict in West Asia, urging citizens to avoid panic buying of petrol, diesel and LPG. The Ministry of Petroleum and Natural Gas said it is closely monitoring the situation and has taken several steps to ensure an uninterrupted energy supply and the smooth functioning of key sectors. "Govt. is making all efforts to ensure availability of Petrol, Diesel and LPG, an ...Read More >
Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >
NEW DELHI, 4 Apr: The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, saying that fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. The ministry of petroleum and natural gas said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised d ...Read More >
Faridabad, Apr 4 (PTI) Haryana Chief Minister Nayab Singh Saini on Saturday laid the foundation stone for four development projects worth Rs 120.76 crore in Faridabad and said the government is committed to accelerating the city's overall growth. Addressing the 'Dhanyavaad Evam Viksit Faridabad Rally' here, Saini said significant work has been carried out over the past 11.5 years in infrastructure, connectivity, industry, Smart City development, metro expansion and digital services. According ...Read More >
NEW DELHI: Days after the Aam Aadmi Party removed its Rajya Sabha deputy leader Raghav Chadha, accusing him of shying away from speaking out against Prime Minister Narendra Modi and engaging in "soft PR", the sidelined MP once again hit back on Saturday, saying, "ghayal hoon isiliye ghatak hoon," quoting a popular dialogue from the film Dhurandhar 2.Among the youngest MPs in the country and once seen as a close confidant of Arvind Kejriwal and a key strategist behind the AAP's 2022 Punjab victor ...Read More >
Bagalkot (Karnataka), April 4 (SocialNews.XYZ) Former Bharatiya Janata Party (BJP) National General Secretary and MLC C.T. Ravi, on Saturday, launched a sharp attack on Karnataka Chief Minister Siddaramaiah, alleging that he alone is responsible for loans exceeding Rs 5 lakh crore and asked whether it is justified to refer to him as "Saalada (debtor) Ramayya". Addressing the media as part of campaigning for Bagalkot bypoll, BJP leader Ravi said the total debt of Karnataka stands at Rs 8.32 lakh ...Read More >
NEW DELHI: The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, assuring that fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. In a statement, the Ministry of Petroleum and Natural Gas said it is taking proactive steps to ensure uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised domest ...Read More >
New Delhi, Apr 4 (PTI) The government on Saturday urged citizens to avoid panic buying of petrol, diesel and LPG, saying fuel supplies remain adequate despite disruptions linked to the closure of the Strait of Hormuz. The Ministry of Petroleum and Natural Gas said the government is taking proactive steps to ensure the uninterrupted availability of petroleum products and cooking gas, while advising people to rely only on official information and conserve energy. The government has prioritised d ...Read More >
The state government is giving priority for proper regulation of manufacturing and selling of liquor in the state, the minister added. "We just ensure that there is no illegal sale of liquor in the state," he stated. As per the new Excise Policy, which came into force from April 1, India-made foreign liquor (IMFL) manufacturers can supply their products in tetra packaging and in glass bottles in specified sizes. Only 180 ml can be supplied in tetra packs. The tetra packs must have six protect ...Read More >
SAMBALPUR: Two persons including a 65-year-old retired assistant sub-inspector (ASI) have been arrested for embezzling government funds to the tune of Rs 3.67 crore from the Excise department, police said on Friday. The accused are Sandeep Kumar Pattnaik (38), a suspended junior assistant, and Sarat Chandra Behera, a retired ASI of the Excise department. Another accused Achyuta Dehury, also a retired ASI, is absconding. Briefing mediapersons here, Sambalpur SP Mukesh Bhamoo said the accused du ...Read More >
Sambalpur: Two persons were arrested for allegedly siphoning off nearly Rs 3.67 crore of govt funds after a major financial scam was unearthed in the excise department of Sambalpur district, said SP (Sambalpur) Mukesh Bhamu on Friday.The accused have been identified as Sandeep Kumar Pattnaik, a suspended junior assistant posted in the Sambalpur excise office, and Sarat Chandra Behera, a retired assistant sub-inspector (ASI). Police said another accused, Achyut Dehuri, also a retired ASI, is unde ...Read More >
New Delhi: The Centre is mulling a slew of pre-emptive steps to mitigate the war-hit sectors in the country amid the ongoing West Asia conflict. The government is mostly focussing on manufacturing, energy and export sectors, among others to provide some 'temporary' relief to these sectors. Apart from the government's inter-ministerial set-up, both the finance ministry and commerce ministry are working separately on some new measures, including more production-linked incentive or PLI schemes for ...Read More >
Bhubaneswar: The Odisha government has permitted the sale of liquor in tetra packs under its new Excise Policy for 2026-29, Excise Minister Prithviraj Harichandan said on Friday. Addressing mediapersons, Harichandan clarified that the provision for tetra pack packaging has existed in the state's excise framework since 2014, but such products have not yet entered the Odisha market. He stated that any licensed manufacturer or vendor willing to produce or sell liquor in tetra packs will be allowed ...Read More >
Reliance Industries SEZ refinery will not face new export taxes on diesel and aviation fuel. This exemption stems from judicial pronouncements. The government reintroduced these levies on March 26 to encourage domestic fuel sales. These taxes are reviewed fortnightly. This move aims to manage global energy supply disruptions. Reliance operates two refineries in Jamnagar, Gujarat. The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries ...Read More >
It has also directed them to review the department-specific recommendations made by the committee and submit the report indicating the status as on December 31, 2026. The 'Second Report of the Committee on Public Accounts on the Report of the Comptroller & Auditor General of India on Performance Audit on Regulation and Supply of Liquor in Delhi', tabled during the recently concluded Budget Session, had flagged losses of ₹890 crore due to the failure to re-tender surrendered liquor shop licence ...Read More >
NEW DELHI: Aiming to ensure accountability and time-bound compliance with legislative oversight, the Delhi Secretariat -- following the adoption of the Second Report of the Committee on Public Accounts on the Comptroller and Auditor General of India's performance audit of liquor regulation and supply in Delhi -- has directed the departments to review the Committee's recommendations and submit an Action Taken Report (ATR) reflecting the status till December 31, 2026, by January 31, 2027. Speaker ...Read More >
MUMBAI: Even as debt and fiscal deficit rose sharply in the last two years, Maharashtra's revenue in FY25-26 fell significantly across key heads -- Goods and Services Tax (GST), excise duty, motor vehicle tax, and stamp duty and registration of properties. This led to a revenue shortfall of around ₹41,000 crore against budget estimates, slowing capital expenditure and development projects. Provisional figures at the end of the financial year put total revenue receipts at ₹5.60 lakh crore, falli ...Read More >
NEW DELHI: Aam Aadmi Party has dropped Raghav Chadha as its Rajya Sabha deputy leader and named Ashok Mittal in his place. The party on Thursday sent a letter to the Rajya Sabha secretariat conveying the decision. By evening, the RS website reflected the change.Both Chadha and Mittal are from Punjab; AAP has 10 members in the Rajya Sabha, including estranged MP Swati Maliwal. The party's sudden decision to remove Chadha gave credence to the perception of a growing disconnect between him and the ...Read More >
The Delhi high court on Thursday granted a final opportunity to former Delhi chief minister Arvind Kejriwal and other respondents to file their replies in the Enforcement Directorate's (ED) petition seeking expunging of adverse observations made by a trial court while discharging them in the excise policy case. A bench of justice Swarana Kanta Sharma issued the direction after counsel appearing for Kejriwal and others sought additional time to submit their responses. The court was informed that ...Read More >
Amid the threat of a cross-border transport blockade, chief minister Sukhvinder Singh Sukhu on Tuesday announced a complete rollback of the recent hike in entry tax for small vehicles entering Himachal Pradesh. The decision follows agitations at key border points like Nalagarh and Barotiwala, where transporters from Punjab and Haryana had blocked arterial roads. The protesters were agitated by a steep hike that saw entry tolls for private cars jump from ₹70 to ₹170. Under the restored rates ...Read More >
New Delhi: Export duties levied on diesel and jet fuel won't be applicable to Reliance Industries' special economic zone (SEZ) refinery due to court rulings, a government official said on Thursday. "As per judicial pronouncements on this issue, the special additional excise duty and additional excise duty are not applicable on SEZ refineries," Jainendra Singh Kandhari, Joint Secretary in the finance ministry, told a press conference. Reliance operates two refineries in Gujarat-one catering to ...Read More >
Hyderabad: Telangana has recorded a robust growth in revenue collections from four key departments during the financial year 2025-26 ending March 31, with commercial taxes, excise, stamps and registrations, and transport departments together generating ₹1.57 lakh crore.The commercial taxes department emerged as the top contributor with collections of ₹93,840 crore, followed by the excise department at ₹40,209 crore, stamps and registrations at ₹16,000 crore, and the transport department at ₹7,10 ...Read More >
New Delhi, Apr 2 (UNI) India has secured crude oil supplies for the next 60 days and maintains adequate inventory levels, with refineries operating at maximum capacity, the government said on Thursday, underlining that there is no shortage of key inputs and no increase in domestic fuel prices despite global volatility. Addressing a media briefing, Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, said crude availability remains stable and sulphur supplies are sufficie ...Read More >
New Delhi [India], April 2 (ANI): Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West Asia conflict, even as retail fuel prices remain unchanged, according to the Ministry of Petroleum and Natural Gas. Addressing reporters at an inter-ministerial briefing on Thursday, Sujata Sharma, Joint Secretary in the Ministry, said that OMCs are facing under-recoveries of about Rs 24 per litre on petrol and ...Read More >
New Delhi: The government has marginally exceeded the indirect tax collection target for fiscal 2025-26, an official said on Thursday. The total indirect tax collection, which includes customs, excise and GST, as per Revised Estimates (RE), was pegged at over Rs 15.52 lakh crore for FY26. This includes Rs 2.58 lakh crore from customs duty, Rs 3.38 lakh crore from excise duty, and Rs 9.58 lakh crore from Central Goods and Services Tax (CGST). Without giving actual figures, the official said that ...Read More >
Kochi: Promising a major policy reset, the UDF on Thursday said it would denotify land acquired for the SilverLine, while also reviewing the LIFE Mission, Kerala Bank and KIIFB if voted to power in the 2026 Assembly elections. Opposition Leader VD Satheesan said the UDF would not implement the SilverLine project and would immediately reverse land notification, calling it a major concern for affected residents. "The land notified for the project is a big trouble for the owners. They cannot sell ...Read More >
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