Lok Sabha on Wednesday (December 3, 2025) passed a law to levy a higher excise duty on tobacco and related products once the GST compensation cess ends. The Central Excise (Amendment) Bill, 2025, was ...

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 ...

GOP gubernatorial candidate Brian Shortsleeve is crowdsourcing his distaste for Gov. Maura Healey’s proposal to allow cities and towns to boost auto excise taxes. Healey has refiled the Municipal ...

JAKARTA, Sept 26 (Reuters) - Indonesia will keep its excise tax rates on tobacco products unchanged next year, after considering the impact such taxes have on employment in the tobacco industry, ...

Tracy J. Wholf is a senior coordinating producer of climate and environmental coverage for CBS News and Stations, based in New York. The Senate bill containing President Trump's domestic policy agenda ...

Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...

[Stay on top of transportation news: Get TTNews in your inbox.] Legislation designed to repeal a World War I-era tax on new heavy-duty trucks, tractors and trailers was recently introduced in the U.S.

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 ...

Rachael Link is a registered dietitian and health writer based in San Francisco. She completed her undergraduate degree at the University of Central Missouri and holds a master’s degree from New York ...

The IRS on Friday issued final regulations (T.D. 10002) on the Sec. 4501 1% excise tax on corporate stock repurchases enacted by the Inflation Reduction Act of 2022, P.L. 117-169. The final ...