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.

I view with concern the recent Department of Justice (DOJ) resolution dismissing the Bureau of Internal Revenue (BIR) excise ...

The Director General of the Excise, Taxation and Narcotics Control Department has taken strict notice of a 56 per cent shortfall in property tax collection during the first seven months of the 2025?26 ...

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