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F YMonth: February 28, 2016

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Union Budget 2016-17

Finance Minister Arun Jaitley presented the Union Budget for 2016-17. The Budget introduced the Krishi Kalyan Cess, to be levied on all services at a rate of 0.5%. Excise duty on tobacco products other than beedis was raised from 10 to 15 per cent in a bid to penalize the use of tobacco products. An […]

Central Excise Day Celebrated

The Central Excise Day celebrations were held in Kochi on the 24th of February. CIAL managing director V J Kurian inaugurated the celebration. Addressing the Central Excise and Customs staff and their family members, Kurian said Central Excise was a department which collects maximum tax at minimum cost.  Commissioner of Central Excise, Customs and Service Tax […]