Punjab & Haryana HC cancels old textile cess demands
Punjab & Haryana High Court strikes down decades-old cess on textile processors, rules dyeing isn't 'manufacture'. Major relief for units in long legal battle. Read the full judgment details.
Category : Search result: BBMB cess
Explained: 8 Questions Defining India's Fiscal Federalism
A deep dive into India's fiscal federalism compact. Understand the 8 crucial questions on tax devolution, cess, and the Finance Commission's role shaping Centre-State finances.
MP power firms want tariff hike despite lower coal cost
Madhya Pradesh discoms seek a steep tariff hike, projecting a Rs 6,044 crore deficit, despite a 25 paise/unit saving from coal cess removal. Experts say the benefit isn't passed to consumers.
Himachal's BBMB Cess Unconstitutional: Punjab Minister
Punjab's Power Minister Barinder Goyal declares Himachal's 12% cess on BBMB projects unconstitutional, citing a 2011 Supreme Court ruling. He vows to protect Punjab's rights.
Punjab vs Himachal: Fresh Row Over Rs 500 Cr BBMB Cess
Punjab Minister Barinder Goyal accuses Himachal Pradesh of imposing an illegal Rs 500 crore land cess on BBMB, calling it a conspiracy against Punjab's treasury. Read the full story on the escalating interstate conflict.
Punjab vs Himachal: Row over Rs 500 Cr BBMB Levy
Punjab's AAP minister Barinder Goyal accuses Himachal's Congress govt of imposing an illegal Rs 500 crore burden on BBMB. Calls it a conspiracy against Punjab's interests. Details inside.
National Security Cess to be levied on machine speed, clarifies FinMin
Finance Ministry clarifies National Security Cess will be calculated on machine speed, not production output. This impacts importers and aims to safeguard health, security, and strategic interests.
Cigarette Stocks Plunge as New GST, Excise Duty Take Effect
Cigarette stocks like ITC crashed after govt notified new tax structure from Feb 1, replacing GST cess with higher excise. Analysts warn of 15-20% price hikes impacting sales. Full details inside.
New GST Rates on Tobacco, Pan Masala Effective Feb 1
The GST Council has approved new tax rates for tobacco, pan masala, and other items from February 1. Learn about the revised compensation cess and its impact on prices.
GST Collection Holds Strong at Rs 1.76 Lakh Crore
India's GST revenue for December 2024 stands at a robust Rs 1.76 lakh crore, including cess, demonstrating continued buoyancy despite rate rationalization. Explore the detailed analysis.
New Tobacco & Pan Masala Cess: 40% GST + Excise from Feb 1
India's new tax structure for tobacco & pan masala kicks in Feb 1. Cigarettes face extra excise, pan masala gets 48% 'Health Security Cess'. Read the full impact.
Tobacco Stocks Tank 10% on New Sin Tax Cess Announcement
Godfrey Phillips shares fell 10% as new levies on tobacco and pan masala replaced the GST compensation cess. Explore the market impact and details of the January 2026 tax change.
Tobacco Stocks Plunge as Govt Imposes New Excise Duty, Health Cess
Shares of ITC and Godfrey Phillips India plummeted after the finance ministry notified new excise duty and a health cess on tobacco products. Discover the impact on prices and public health.
ITC Stock Drops on Higher Excise Duty, Health Cess in Budget
ITC shares fell after Budget 2026 proposed higher excise duty on tobacco and a new health cess on pan masala, effective Feb 1. Cigarettes set to get costlier. Full analysis inside.
New Tax on Tobacco, Pan Masala from February 1
The government introduces a new tax structure for tobacco and pan masala from February 1, replacing the GST compensation cess with additional duties. Learn the impact.
New Tobacco, Pan Masala Taxes Effective February 1
India hikes excise duty on tobacco and imposes a health cess on pan masala from February 1, likely raising prices for 100 million smokers. Read the full details and impact.
India's Fiscal Tensions: States vs Centre Over Funds
Recent changes to India's rural job scheme highlight deep fiscal fault lines. States argue their autonomy is eroding as the Centre pushes co-financing. Explore the data on tax shares, cesses, and political penalties.
New Health & National Security Cess on Tobacco from Feb 1
The Centre introduces a new health and national security cess on tobacco, replacing the GST compensation cess from February 1. This tax overhaul aims to keep levies high and align with WHO benchmarks. Read more.
Punjab Govt Stalls BBMB's 18 MW Solar Project
The Punjab government's objection over land lease has stalled the Bhakra Beas Management Board's 18 MW solar power project in Hoshiarpur, impacting green energy goals. Read details.
SAD Chief Slams Centre's BBMB Amendment Plan
SAD president Giani Harpreet Singh opposes the Centre's move to amend the Punjab Reorganisation Act, calling it an attack on Punjab's water rights. Read the full story.
Auto dealers face ₹2,5k cr hit from GST cess removal
Despite a 17% sales surge, auto dealers face profit squeeze and investor flight due to unresolved GST compensation cess. Supreme Court case looms. Read the full analysis.
India's First Megawatt-Scale Hydrokinetic Project in Nangal
BBMB to commission India's first megawatt-scale hydrokinetic power project in Punjab's Nangal canal, harnessing flowing water for green energy. A milestone for renewable innovation!
Himachal Puts 3 Conditions for Kishau Multipurpose Project
Himachal Pradesh refuses to share costs for the Kishau Dam, demanding full central funding, release of Rs 4000 crore BBMB arrears, and settlement for Pong Dam oustees. Key meeting chaired by Amit Shah.
Punjab Minister Takes on BBMB in Nangal Land Dispute
Punjab Education Minister Harjot Singh Bains pledges to end the decades-long land dispute in Nangal, calling BBMB's claim illegal. A high-powered committee will examine records.
BBMB's Rs 4,000 Cr Pumped Storage Plan for Himachal, Punjab
The Bhakra Beas Management Board unveils a Rs 4,000 crore pumped storage project to boost renewable energy storage and grid stability in North India. Learn how this giant battery works.
LS Clears 25% Cess on Pan Masala, Tobacco Products
Lok Sabha passes bill imposing a 25% National Security and Health Cess on pan masala and tobacco. The move aims to curb consumption and fund public health initiatives. Read the full details.
Maharashtra Bandh: Traders Protest APMC Cess, GST Dual Tax
Thousands of traders across four major Maharashtra cities shut markets in a statewide bandh, demanding abolition of APMC cess and reforms. The protest highlights issues of dual taxation under GST.
Maharashtra Traders' Bandh Halts Rs 5-6 Crore Trade
Wholesale trading in Chhatrapati Sambhajinagar halted completely as 150 agents and buyers joined a statewide protest. Read about their key demands and the impact.
New Tobacco Tax Regime Targets Pan Masala Variants
FM Nirmala Sitharaman explains new Health & National Security Cess to replace GST compensation levy. Bill aims to stop tax evasion on pan masala, secure funds for public health and defence. Read more.
Siddaramaiah Urges PM Modi to Share Pan Masala Cess Revenue
Karnataka CM Siddaramaiah highlights a Rs 9,000 crore GST compensation shortfall, urging PM Modi to share pan masala cess revenue with states. Read the full story.
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