Latest News for: cess

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GST Council May End Compensation Cess By October 31

MENA FN 27 Aug 2025
(MENAFN - IANS) New Delhi, Aug 27 (IANS) The Goods and Services Tax Council scheduled to meet on September 3 will likely discuss ending the compensation cess by October 31, ahead of schedule.The GST ... .
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BJP govts introduced waste cess on vacant plots in Karnataka: DK Shivakumar

Deccan Herald 22 Aug 2025
The BJP-led governments in the state and at the Centre introduced the policy of levying waste cess on vacant plots, Deputy Chief Minister D K Shivakumar reminded the Legislative Council on ...
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Council clears 1% fire cess on high-rise buildings

The Hindu 21 Aug 2025
Only those buildings which are taller than 21 metres to be levied; buildings owned by the State and Central governments or other public authorities are to be exempted ....
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FM Sitharaman to brief GST panels on rate rejig, cess phase-out starting Wednesday

Live Mint 19 Aug 2025
The development highlights the urgency with which the central government is pursuing the tax reform that is expected to give a boost to consumption demand in the economy ....
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Centre has not transferred ₹3.69 lakh crore of cess collections to the designated funds, CAG finds

The Hindu 12 Aug 2025
These short allocations date back to cesses imposed in 1974 and thus show lapses across governments ....
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CAG flags 'short transfer' of Rs 3.69 lakh cr in cess over decades

The Economic Times 12 Aug 2025
... lakh crore in cess collections to designated reserve funds by March 31, 2024.
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Growing size of surcharge, cess swells govt kitty: CAG

The Times of India 12 Aug 2025
'Test check of records revealed aggregate impact of short transfer of Rs 3,69,307 crore, till March 2024, to the designated reserve funds,' it said.Cess is an additional tax levied to raise funds for a specific purpose.
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Centre pegs 9.4% growth in FY26 cess, surcharge collections at ₹5.91 lakh crore

The Hindu 29 Jul 2025
This is higher than FY25 cess and surcharge collection of ₹3.87 lakh crore and ₹1.53 lakh crore, respectively ....
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Govt aims to collect Rs 4.18 lakh cr from cess, Rs 1.72 lakh cr from ...

The Economic Times 29 Jul 2025
The central government anticipates increased revenue from cess and surcharges.
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Govt aims to collect Rs 4.18 lakh cr from cess, Rs 1.72 lakh cr from surcharge in FY26

The Times of India 29 Jul 2025
The central government anticipates increased revenue from cess and surcharges.
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