Those who violate ban may be fined up to Rs 5 lakh or imprisoned up to six years After Madhya Pradesh, Kerala has now become the second state in India to ban all forms of chewing tobacco products. The state has banned the manufacture, storage, distribution and sale of gutkha and pan masala, containing tobacco and nicotine, of all brands available in the market. The ban is effective from May 25. Like Madhya...
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RTI success: Ministry of environment & forests uploads the damning Western Ghats Ecology Expert Panel Report-Vinita Deshmukh
On 23rd May, Moneylife wrote on how a Kerala citizen was denied access to Western Ghats Ecology Expert Panel Report (WGEEP). The Central Information Commission and the Delhi High Court ordered the ministry to make it public. It has now been uploaded on its site Just when one wondered whether the ministry of environment & forests (MoEF) would turn to the Supreme Court after the Delhi High Court on 17th May,...
More »CNG gets dearer, petrol cheaper in Delhi
-The Economic Times Petrol car owners in Delhi will get some relief from the recent steep rise in petrol price after the state government decided not to levy value added tax on the price hike announced by the oil marketing companies on last Wednesday. Tobacco products will get costlier, court fee will increase and circle rates for property are expected to rise resulting in steeper stamp duty on property transactions. Public transport...
More »Most states now tax petrol consumption more than Centre-Ajay Modi
Most states now levy greater tax on petrol than the central government, without having to share the subsidy burden. After last week’s increase in prices, state sales tax/VAT on petrol is more than central excise in most cases. The central government levies a fixed excise duty of Rs 14.78 on every litre of petrol. But, states levy an ad valorem tax which, in absolute terms, increases with every price increase of...
More »Oil companies, state govts step in to douse petrol fire-Anupama Airy & Aurangzeb Naqshbandi
A day after the steepest ever petrol price hike of Rs. 7.54 sparked protests by UPA allies and Opposition parties in several parts of the country on Thursday, there were strong indications that the government would cushion the blow for the common man. Petrol prices may come down by Rs. 3-4 a litre in the next few days as state governments readied plans to slash local taxes and oil companies...
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