State Sales Tax
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War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
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Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
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Income Tax Searches Premises Of Liquor Maker Som Group In 5 States
The Income-tax department on Tuesday launched multi-state searches against the Som Group, a prominent player in the liquor manufacturing and sale field, as part of a tax evasion investigation, official sources said.
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Tax Officer Tries To Extort Rs 15 Lakh From Judge In Nagpur, Case Filed
An inspector with the state sales tax department allegedly threatened and attempted to extort Rs 15 lakh from a judge of the Goods and Services Tax (GST) tribunal in Maharashtra's Nagpur, police said on Sunday.
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Petrol, Diesel Prices Fall Further After BJP-Ruled States Lower Fuel Taxes
The central government's decision to cut excise duty by reducing local sales tax (VAT) rates was matched by 22 states and Union Territories reducing VAT rates in different proportions.
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Centre's Climbdown On GST, Nirmala Sitharaman Writes To States
After four months of confrontation over GST (Goods and Services Tax) dues, the central government has decided to borrow up to ₹ 1.1 lakh crore on behalf of states. Finance Minister Nirmala Sitharaman has, in a letter to states, explained the reason for the turnaround.
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Diesel Price in Delhi Inches Towards The Rs. 82 Per Litre-Mark; Sees Second Consecutive Hike Of 15 Paise
Oil marketing companies (OMCs) on Sunday yet again hiked the price of diesel in the national capital by 15 paise per litre. As per a price notification from state-owned OMCs, diesel price in Delhi inched towards the Rs 82 per litre-mark following the second consecutive day of the price hike. With the new prices coming into effect, the retail sellin...
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Petrol & Diesel Rates Revised Yet Again; Hike Continues On 16th Day Straight
Petrol and diesel prices were hiked on Monday for the sixteenth straight day, seeing a hike of 33 paise per litre and 59 paise per litre respectively. The cumulative increase in the prices for the 16 days as petrol and diesel saw a hike of Rs. 9.21 a litre and Rs. 8.55 a litre respectively. The customers in Delhi will now have to pay Rs. 79.56 per ...
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Petrol, Diesel Prices Hiked For 14th Straight Day In India
Fuel prices in India yet again have been increased on Saturday, which is 14th day in a row to witness a hike in prices of petrol and diesel. The petrol prices have been hiked by Rs 0.51 per litre in Delhi whereas the diesel rates have hiked by Rs 0.61 per litre. With the new prices coming into effect, diesel price has hit a record high taking the c...
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Punjab Imposes COVID Tax On Liquor Amid Lockdown
Liquor is going to cost more in Punjab now as the state government today imposed COVID cess on the sale of alcohol due to the ongoing lockdown amid the coronavirus pandemic.
-
War Impact On Crude Oil Raises GST Question. Why It's Easier Said Than Done
While the Centre has reduced excise duty on petrol and diesel, states did not reduce their VAT/Sales tax on petroleum products.
-
Karnataka Plans Tax Waivers for Hybrid Cars, Incentives for EVs
Karnataka plans to cut levies and offer financial incentives to companies in the clean mobility sector, including a steep tax cut for hybrid cars. The move could make the state, home to the tech hub of Bengaluru, the second after northern Uttar Pradesh to provide tax breaks to hybrid cars, for which Toyota has lobbied New Delhi.
-
Income Tax Searches Premises Of Liquor Maker Som Group In 5 States
The Income-tax department on Tuesday launched multi-state searches against the Som Group, a prominent player in the liquor manufacturing and sale field, as part of a tax evasion investigation, official sources said.
-
Tax Officer Tries To Extort Rs 15 Lakh From Judge In Nagpur, Case Filed
An inspector with the state sales tax department allegedly threatened and attempted to extort Rs 15 lakh from a judge of the Goods and Services Tax (GST) tribunal in Maharashtra's Nagpur, police said on Sunday.
-
Petrol, Diesel Prices Fall Further After BJP-Ruled States Lower Fuel Taxes
The central government's decision to cut excise duty by reducing local sales tax (VAT) rates was matched by 22 states and Union Territories reducing VAT rates in different proportions.
-
Centre's Climbdown On GST, Nirmala Sitharaman Writes To States
After four months of confrontation over GST (Goods and Services Tax) dues, the central government has decided to borrow up to ₹ 1.1 lakh crore on behalf of states. Finance Minister Nirmala Sitharaman has, in a letter to states, explained the reason for the turnaround.
-
Diesel Price in Delhi Inches Towards The Rs. 82 Per Litre-Mark; Sees Second Consecutive Hike Of 15 Paise
Oil marketing companies (OMCs) on Sunday yet again hiked the price of diesel in the national capital by 15 paise per litre. As per a price notification from state-owned OMCs, diesel price in Delhi inched towards the Rs 82 per litre-mark following the second consecutive day of the price hike. With the new prices coming into effect, the retail sellin...
-
Petrol & Diesel Rates Revised Yet Again; Hike Continues On 16th Day Straight
Petrol and diesel prices were hiked on Monday for the sixteenth straight day, seeing a hike of 33 paise per litre and 59 paise per litre respectively. The cumulative increase in the prices for the 16 days as petrol and diesel saw a hike of Rs. 9.21 a litre and Rs. 8.55 a litre respectively. The customers in Delhi will now have to pay Rs. 79.56 per ...
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Petrol, Diesel Prices Hiked For 14th Straight Day In India
Fuel prices in India yet again have been increased on Saturday, which is 14th day in a row to witness a hike in prices of petrol and diesel. The petrol prices have been hiked by Rs 0.51 per litre in Delhi whereas the diesel rates have hiked by Rs 0.61 per litre. With the new prices coming into effect, diesel price has hit a record high taking the c...
-
Punjab Imposes COVID Tax On Liquor Amid Lockdown
Liquor is going to cost more in Punjab now as the state government today imposed COVID cess on the sale of alcohol due to the ongoing lockdown amid the coronavirus pandemic.
