The IRS on Tuesday issued a pair of notices of proposed rulemaking providing guidance on the Sec. 4501 1% excise tax on corporate stock repurchases that was enacted by the Inflation Reduction Act of ...

Excise taxes are a tax charged on specific goods or services produced and sold domestically. As a small business owner, it is important to understand how an existing or potential excise tax will ...

Excise taxes are sales taxes triggered when you spend money on a particular product, item or service. Federal gasoline taxes are an excise tax. So are state taxes on some vehicle sales, gambling or on ...

Earlier, 18% Central Excise duty was levied on unmanufactured tobacco when it was cleared without a brand name and not packed for retail sale.

Zero excise duty on unbranded raw tobacco to benefit farmers, traders: Andhra CM ...

Noida: The excise department has warned bars and restaurants against advertising or permitting \"bring your own booze\" (BYOB ...

Godfrey Phillips, VST Industries, and ITC shares declined up to 8% after a price hike on cigarettes due to new excise duties.

The UT Excise and Taxation Department is set to release the 2026–27 excise policy in the first week of March. According to ...

Kerala's Excise Department establishes a narcotics control bureau, welcoming 134 new recruits to strengthen enforcement ...