Finance Minister Nirmala Sitharaman on Thursday said the proposed Health and National Security Cess will be levied only on demerit goods, like pan masala, and not on essential commodities, and revenue ...

New Delhi: Union finance minister Nirmala Sitharaman on Thursday said that proposed health and national security cess will be levied only on demerit goods, like pan masala, and not on essential ...

Legislation proposes new cess on pan masala, tobacco and other “demerit goods” to create dedicated revenue stream for national security and health security.

The GoM panel in its first meeting earlier this month discussed treatment of GST compensation cess post-March 2026, when the current regime ends. The panel debated extending the cess as a levy or tax ...

In the context of a re-examination of the conceptual and political foundations of merit/demerit goods, this paper attempts to identify how far they might take us in understanding, explaining, and ...