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Goa News |Economy | Finance

Wednesday 12 August 2026

News Analysed, Opinions Expressed

Economy | Finance

HC raps Govt for protecting Colfax

The high court has rapped the Goa government for trying to seek a compromise in an unlawful manner in the case of waiving of excise duty of over Rs 29 crore by Colfax Laboratories, the ... READ

Sales tax hiked, protecting Goan market

Goan specialities like cashew nuts, cashew or coconut feni and Goan handicraft including the famous earthenware would still be cheaper, but only in Goa, and not anywhere else in the country.The tourist state has finally ... READ

Yet another price-rise on anvil due to uniform taxes

Goa's famous cashew and coconut fenny, cashew nuts and cashew kernels, its special 'panv' (bread), pastry or even the soft drinks may cost dearly to the tourists visiting the coastal state, thanks to the uniform ... READ

Hoteliers irked over new luxury tax structure

The hotel industry in Goa at large appears totally sore over the new luxury tax structure announced by the state government, as announced while presenting the annual budget in March.While chief minister Francisco Sardinha claims ... READ

Will VRS improve Goa's eco-health ?

The Voluntary Retirement Scheme, introduced for the first time in the country by Goa, may help in pulling out the tiny tourist state from the financial crisis only if the entire government workforce is later ... READ

Petrol-liquor up, entry tax & mining cess for the first time in Sardinha's budget

You may buy famous cashew nuts and kernels, bread or cake and pastries for the same price when you come down to Goa next, but not the liquor (except Goa's famous cashew feni) or even ... READ

Entry tax & hike in petrol prices on anvil

Goa is seriously considering introduction of 'entry tax' on import as well as export of all the goods while giving local sales tax relief on the products sold in the tourist state, in order to ... READ

Sardinha's 'dream' of 8 % growth rate

Tall claims, as usual, are made by yet another government in Goa to achieve annual growth of over eight per cent in the ninth plan through private-public partnership. The ground realities however are being sidelined.Chief ... READ

Kerosene, LPG prices to go up, not of petrol & diesel

The central government is contemplating massive hike in kerosene and LPG prices in the annual budget to be presented on 29 February, though the same policy in oil prices may not affect petrol and diesel.Ram ... READ

Cabinet sub-com to study uniform tax policy

Goa is already suffering from less amount of grants being received from the centre. Still the tourist state has decided not to implement the uniform sales tax policy as per the categorised minimum floor rate ... READ