Value Added Tax
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Why is China Making Condoms Expensive? 13% VAT Imposed On Contraceptives
These products had been exempt from VAT for the past three decades as China enforced its strict one-child policy and actively promoted birth control.
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Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
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Maharashtra Value Added Tax Act 2002 (Amendment) Bill, 2024 Passed By Legislature
The Maharashtra Value Added Tax Act 2002 (Amendment) Bill, 2024, was passed by both houses of the legislature on Thursday.
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UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
The UAE has exempted some crypto transactions from value added taxes (VAT). This essentially means that the five percent VAT that the UAE previously levied on crypto transfers and conversions now stands cancelled. This move is being implemented retrospectively covering crypto transactions from as far back as January 1, 2018.
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Fuel Price Hike In Punjab After Value Added Tax Increases On Petrol, Diesel
The Punjab Cabinet on Thursday gave approval to hike value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.
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How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
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Petrol, Diesel To Get Costlier In Goa After Hike In Value Added Tax (VAT)
The Goa government has announced a hike in Value Added Tax (VAT) on petrol and diesel with effect from Saturday, which will raise the price of petrol by Re 1 and diesel by 36 paise, an official said.
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Over 6,300 Fuel Stations Shut In Rajasthan Due To Strike Over High Taxes
More than 6,300 petrol pumps in Rajasthan remained closed from 10 am to 6 pm on Wednesday as part of a strike called by operators against high Value Added Tax (VAT) on diesel and petrol.
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Centre Requests Tamil Nadu To Reduce Tax On Aviation Turbine Fuel
The Centre has requested the Tamil Nadu government to reduce the value added tax charged on aviation turbine fuel in line with the other states and to boost air connectivity, Union Minister of Civil Aviation Jyotiraditya M Scindia said on Saturday.
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Gujarat Cuts VAT On CNG, Piped Cooking Gas Prices By 10% Ahead Of Polls
The Gujarat government announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10% and said two cooking gas cylinders will be given free every year to 38 lakh beneficiaries who have got gas connections under the Centre's Ujjwala scheme.
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Why is China Making Condoms Expensive? 13% VAT Imposed On Contraceptives
These products had been exempt from VAT for the past three decades as China enforced its strict one-child policy and actively promoted birth control.
-
Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
-
Maharashtra Value Added Tax Act 2002 (Amendment) Bill, 2024 Passed By Legislature
The Maharashtra Value Added Tax Act 2002 (Amendment) Bill, 2024, was passed by both houses of the legislature on Thursday.
-
UAE Scraps Value Added Tax on Crypto Transactions, Binance Foresees Rapid Growth in Web3 Businesses
The UAE has exempted some crypto transactions from value added taxes (VAT). This essentially means that the five percent VAT that the UAE previously levied on crypto transfers and conversions now stands cancelled. This move is being implemented retrospectively covering crypto transactions from as far back as January 1, 2018.
-
Fuel Price Hike In Punjab After Value Added Tax Increases On Petrol, Diesel
The Punjab Cabinet on Thursday gave approval to hike value-added tax (VAT) on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.
-
How Can Fuel Prices Come Down? What Nirmala Sitharaman Told NDTV
Petrol and diesel could be taxed under GST (Goods and Services Tax) rather than VAT (Value Added Tax) if state governments agree to the proposal and fix a suitable rate, Finance Minister Nirmala Sitharaman told NDTV Profit Friday.
-
Petrol, Diesel To Get Costlier In Goa After Hike In Value Added Tax (VAT)
The Goa government has announced a hike in Value Added Tax (VAT) on petrol and diesel with effect from Saturday, which will raise the price of petrol by Re 1 and diesel by 36 paise, an official said.
-
Over 6,300 Fuel Stations Shut In Rajasthan Due To Strike Over High Taxes
More than 6,300 petrol pumps in Rajasthan remained closed from 10 am to 6 pm on Wednesday as part of a strike called by operators against high Value Added Tax (VAT) on diesel and petrol.
-
Centre Requests Tamil Nadu To Reduce Tax On Aviation Turbine Fuel
The Centre has requested the Tamil Nadu government to reduce the value added tax charged on aviation turbine fuel in line with the other states and to boost air connectivity, Union Minister of Civil Aviation Jyotiraditya M Scindia said on Saturday.
-
Gujarat Cuts VAT On CNG, Piped Cooking Gas Prices By 10% Ahead Of Polls
The Gujarat government announced a reduction in VAT (Value Added Tax) on CNG and PNG by 10% and said two cooking gas cylinders will be given free every year to 38 lakh beneficiaries who have got gas connections under the Centre's Ujjwala scheme.
