Datanomics: Centre unmoved even as states call for capping cess, surcharge

Quick Summary:

Need More Information - write to us at assist@bsmail.

The government expects ₹1.45 trillion from this cess in the current financial year (FY26), the same as it hopes to garner in the previous financial year (revised estimates).

At a time when states are demanding a higher portion of the divisible central tax pool, the Union government may keep around ₹28,000 crore with itself by raising the cess on petrol and diesel as global rates soften.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Datanomics TAX Centre Economy State economy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 23:27:24 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 138 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28107002

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 271 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions