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Indirect tax refunds at Rs 43,409 cr in Apr-Feb

Last Updated: Tuesday, March 11, 2014, 20:06

The revenue department refunded Rs 43,409 crore in customs, excise duty and service tax refunds in April-February this fiscal, which was 27.4 percent higher than that in the same period last year, the government said Tuesday.

Govt extends export duty benefit to few sectors

Last Updated: Sunday, March 02, 2014, 16:04

The government has extended export duty benefits to certain labour intensive sectors including textiles and leather, a move that will help boost shipments to markets like the US and the European Union nations.

TVS Motor Company cuts two-wheeler prices by up to Rs 3,500

Last Updated: Friday, February 21, 2014, 19:43

TVS Motor Company on Friday announced cutting prices by up to Rs 3,500 across its product portfolio following excise duty reduction announced in the interim Budget.

Tata Motors to cut vehicle prices by up to Rs 1.5 lakh

Last Updated: Friday, February 21, 2014, 19:01

Auto major Tata Motors on Friday announced cut in prices by up to Rs 1.5 lakh across its product portfolio following excise duty reduction announced in the interim Budget.

Yamaha cuts two-wheeler prices by up to Rs 3,066

Last Updated: Friday, February 21, 2014, 17:57

Yamaha Motor India Sales on Friday announced cutting prices of its two-wheelers by up to Rs 3,066 across models following excise duty reduction announced in the interim Budget.

General Motors reduces prices by up to Rs 49,000

Last Updated: Thursday, February 20, 2014, 19:31

The company has reduced prices across categories in the range starting from Rs 12,000 to Rs 49,000.

Maruti, Hyundai, Mahindra lower prices after excise duty cut

Last Updated: Wednesday, February 19, 2014, 19:01

Finance Minister P Chidambaram proposed the excise duty cuts on February 17 "to give relief to the automobile industry, which is registering unprecedented negative growth."

Hero MotoCorp to reduce prices up to Rs 4,500

Last Updated: Wednesday, February 19, 2014, 17:48

Hero MotoCorp has decided to cut prices up to five percent to pass on the benefit of excise duty cut announced by Union Finance Minister P Chidambaram in his interim Budget.

Nissan cuts vehicle prices by up to 6% after excise duty cut

Last Updated: Wednesday, February 19, 2014, 15:00

Nissan Motor India has slashed the prices of its vehicles by up to 6 percent from February 18 following a cut in the excise duty announced in the interim Budget.

'Excise cut may not rev up auto sales; neutral for cap goods'

Last Updated: Wednesday, February 19, 2014, 00:41

The government's decision to slash the excise duty on cars and SUVs may not lead to a spike in sales, while the impact of the same on the capital goods sector would be neutral, a research report says.

Honda cuts two-wheeler prices by up to Rs 7,600

Last Updated: Tuesday, February 18, 2014, 18:49

Honda Motorcycle & Scooter India (HMSI) on Tuesday cut prices of its products by up to Rs 7,600 after the excise duty reduction announced in the Interim Budget 2014-15.

Audi, Mercedes lower prices up to Rs 3.82L

Last Updated: Monday, February 17, 2014, 21:25

German car makers Audi and Mercedes-Benz Monday cut prices by up to Rs 3.82 lakh, while Tata Motors and Mahindra & Mahindra announced their intent to follow suit after Finance Minister P Chidambaram reduced excise on automobiles in the Interim Budget for 2014-15.