Cess-surcharges

Maharashtra govt's crackdown on cab firms surcharging fares amid heavy rain

Transport Minister Pratap Sarnaik ordered strict action against the cab aggregators, and action was taken against as many as 147 app-based cab operators

Updated On: 22 Aug 2025 | 11:36 AM IST

Cess, surcharges, and shortfalls: The great Centre-state revenue tug of war

Tax devolution remains a tale of bypassing Finance Commission recommendations

Updated On: 09 Feb 2025 | 10:03 PM IST

IMF surcharge burden on distressed countries calls for urgent reform

Surcharges neither ensure repayment nor protect IMF finances. Their main effect is to increase the burden of debt payments precisely when countries can least afford it

Updated On: 21 Sep 2024 | 12:05 AM IST

Total amount of cess and surcharge grew by 63.74% from 2017-18 to 2022-23

Collections under GST Compensation Cess grew by 107.6 per cent from 2017-18 to 2022-23 (RE), Finance Minister Nirmala Sitharaman told the Lok Sabha in a written reply

Updated On: 27 Mar 2023 | 9:40 PM IST

Centre's share of cess and surcharges nearly double in three years

Experts say finance commission needs to provide clarity on whether cess should be shared with states

Updated On: 29 Dec 2022 | 11:16 PM IST

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What are surcharges and cesses, and how do they differ?

Govt takes its cut from the profit you earned in the markets in form of taxes. But did you know that the government also charges tax on tax? They are called cess and surcharge. Find out about them

Updated On: 27 Jan 2022 | 8:45 AM IST

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TMS Ep95: CSR, growing inequality, Vaibhav Sanghavi, Surcharge & Cess

Is India Inc meeting its CSR commitment? What should the govt do to address inequality? What is Vaibhav Sanghavi's take on the upcoming Budget? What are Surcharge and Cess? Find all answers here

Updated On: 27 Jan 2022 | 8:00 AM IST

Cess, surcharge share doubles to 19.9% of central taxes in FY21: Report

The share of cesses and surcharges in the gross tax revenue of the Centre has nearly doubled to 19.9 per cent in 2020-21 from 10.4 per cent in 2011-12

Updated On: 02 Mar 2021 | 10:45 PM IST

Covid-19 crisis: Rising costs, low demand force firms to impose surcharge

Rising unemployment, safety concerns and limits on the number of customers a business is allowed to serve are setting a cap on sales

Updated On: 23 May 2020 | 6:34 PM IST

Gujarat HC issues notices to Centre, GST Council over surcharge imposition

The cess and the surcharge are imposed at the time of imports, where duties are paid through the Merchandise Exports from India Scheme (MEIS) scrips.

Updated On: 12 Mar 2020 | 2:19 AM IST

FPIs pull out Rs 1,263 cr in first week of Sept despite surcharge rollback

As per latest depositories data, foreign portfolio investors pulled out a net amount of Rs 4,263.79 crore from equities but infused a net Rs 3,000.86 crore into the debt segment

Updated On: 08 Sep 2019 | 11:42 AM IST

Despite surcharge rollback, near-term flows may remain muted: Chhaochharia

Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction

Updated On: 25 Aug 2019 | 10:28 PM IST

Story in numbers: The politics of cess-surcharges needs to be tracked

Financial equity between the Centre and the states was a matter mooted by Modi when he was chief minister of Gujarat

Updated On: 18 Feb 2018 | 8:56 PM IST