revenue loss

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    Meerut and Bahraich: GST Fraud Cases Uncovered

    Meerut/Bahraich (UP), April 6 – Three individuals have been arrested in Meerut and Bahraich districts, uncovering two separate multi-crore GST fraud rackets worth over Rs 27 crore, officials said on Monday.The accused in Meerut, identified as Wasim Akram alias Monu (38), had amassed input tax...
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    Systemic Deficiencies in Delhi Excise: Speaker's Call for Accountability

    New Delhi, April 2 – Delhi Assembly Speaker Vijender Gupta, on Thursday, raised concerns about systemic failures in the excise framework and called for timely action on the recommendations of the Public Accounts Committee, an official said.He also called for measures to ensure accountability...
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    CAG Audit Reveals Systemic Deficiencies in Delhi's Liquor Policy

    New Delhi, April 2 The Delhi Assembly has given the government one year to submit a report on the previous CAG audit of liquor regulations in the national capital for the year 2021-22, Speaker Vijender Gupta said on Thursday.According to officials, the Assembly Secretariat has written to the...
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    E-Commerce Duty Moratorium Extension Under Discussion at WTO

    New Delhi, March 29 Member countries intensified efforts to resolve differences regarding further extending the moratorium on e-commerce customs duties on the final day of the 14th Ministerial Conference in Yaounde, Cameroon, sources said.While some countries oppose an extension or favor a...
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    Sirsa Accuses Previous Government of Policy Manipulation in Excise Case

    New Delhi, March 27 Delhi minister Manjinder Singh Sirsa on Friday cited the CAG report on the now-scrapped excise policy in the Assembly to allege "deliberate policy manipulation" by the previous government, claiming it led to revenue losses of Rs 2,000 crore and extended undue benefits to...
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    Delhi Minister Highlights Financial Irregularities

    New Delhi, March 27 Delhi Cabinet Minister Manjinder Singh Sirsa said in the Assembly on Friday that the Comptroller and Auditor General (CAG) report concerning the now-scrapped excise policy has exposed the “deliberate policy manipulation” under the previous government led by Arvind Kejriwal...
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    India Sees Revenue Loss Amid Fuel Price Volatility

    New Delhi, March 27 A reduction in excise duty on petrol and diesel by ₹10 per litre, and an increase in export duty on ATF and diesel, will result in a net revenue loss of ₹5,500 crore in two weeks, a top official said on Friday.Chairman of the Central Board of Indirect Taxes and Customs...
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    Excise Duty Reduced, Exports Taxed: India's Strategy for Fuel Costs

    New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre, preventing a price hike that would have resulted from soaring global oil prices.The reduction in excise duty on petrol from ₹13 to ₹3 per litre and on diesel from ₹10 to nil will result in an...
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    DJB Plans Reorganization to Reduce Water Loss

    New Delhi, March 25 With the aim of strengthening its water distribution system and revenue collection, the Delhi Jal Board (DJB) plans to conduct an area-specific study, dividing the capital into six large zones, officials said on Wednesday.According to officials, one of the major aims of the...
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    Civil Society Urges CM on Nagaland Liquor Ban

    Dimapur, March 23 Several civil society organizations (CSOs) in Dimapur district have resolved to submit a representation to Chief Minister Neiphiu Rio within this month, advocating for the repeal of the Nagaland Liquor Total Prohibition (NLTP) Act.The Dimapur-based civil society groups held a...
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    India's 'Atmanirbhar Bharat' at Risk: SJM Calls for Customs Duty Review

    New Delhi, March 20 The Swadeshi Jagran Manch (SJM) has called for an end to the suspension of customs duties on the e-transmission of digital products, stating that it is undermining the push for self-reliance, causing revenue losses, and limiting the country's ability to tax emerging...
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    Forest Management Challenges: Balancing Tourism, Wildlife, and Local Communities

    In Bengaluru, Karnataka, a debate arose in the Legislative Assembly regarding safari operations and trekking regulations in forest areas. Opposition leader R. Ashoka criticized the government for initially banning safaris and then re-opening them, while Forest and Ecology Minister Eshwar Khandre...
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    SIM Boxes Seized in Bhubaneswar: 100 SIMs and Two Accused

    Bhubaneswar, March 2 The Bhubaneswar-Cuttack Commissionerate Police on Monday seized 12 illegal SIM boxes along with over 100 SIM cards and detained two persons allegedly involved in the racket, officials said.Acting on specific intelligence inputs, a special team of the commissionerate police...
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    Rajasthan Bus Strike Disrupts Travel, Affects Thousands

    Jaipur, February 26 A strike by private bus operators in Rajasthan entered its third day on Thursday, severely disrupting transport services across the state and affecting lakhs of passengers.The protestors alleged that after a bus fire incident in Jaisalmer last year, the RTO department has...
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    Pakistan's Exports to Afghanistan Plummet Amid Border Closures

    Kabul, February 25 – Pakistan's exports to Afghanistan have sharply declined in the first seven months of the current fiscal year due to trade disruptions and political tensions, local media reported on Wednesday.According to official data from the State Bank of Pakistan, exports from Pakistan...
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    Nitish Kumar Government Defends Prohibition Amid Revenue Concerns

    Patna, February 25 – Bihar Parliamentary Affairs Minister Vijay Kumar Chaudhary has made it clear that the prohibition law will remain in effect, ruling out any possibility of a rollback despite growing demands from some leaders of the National Democratic Alliance (NDA) for a review of its...
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    UP: Revenue Loss Due to Non-Existent Company

    Ballia (UP), February 21 The "owner" of a purportedly non-existent firm was booked here for causing a revenue loss of Rs 6.59 crore by claiming input tax credit, police said on Saturday.The FIR was filed against Akhilesh Sharma, owner of Sharma Enterprises, which was reportedly located in...
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    Prohibition Law in Bihar: Concerns Raised by MLAs

    Patna, February 19 The Bihar government on Thursday rejected demands to review the decade-old prohibition law, stating that the ban on liquor was implemented after consulting all parties.Union Minister Jitan Ram Manjhi and RLM MLA Madhav Anand, both members of the ruling NDA, had sought a...
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