More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

From February 1, India will impose additional excise duty on tobacco and a health cess on pan masala, replacing compensation cess, leading to sharp declines in tobacco company stocks.

ISLAMABAD: The Federal Constitu­tio­nal Court (FCC) on Tuesday ruled that a federal law imposing excise duty and a provincial law aimed at advancing labour welfare, though overlapping in scope, do not ...

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Smokers and consumers of chewing tobacco products will now feel a sharp pinch from February 1st, as the Centre rolls out a ...