Value Added Tax
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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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Talking To States To Reduce Value Added Tax On Jet Fuel: Union Minister VK Singh
The aviation ministry is talking to different states urging them to reduce the Value Added Tax (VAT) on aviation turbine fuel (ATF), Minister of State for Civil Aviation, Road Transport and Highways VK Singh said Thursday.
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Saudis Stock Up, Brace For Tripled VAT In Kingdom's Austerity Push
Saudis braced Wednesday for a tripling in value-added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom's worst economic decline in decades.
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Fuel Stations In Rajasthan To Shut For 24 Hours Tomorrow Over High VAT
Petrol and diesel pumps across Rajasthan will keep their operations shut for 24 hours, starting October 23 to protest against the increased rate of Value Added Taxes or VAT, officials said today.
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Will GST Un-sweeten The Deal For Bengal's Rasogollas? What Industry Says
The implementation of Goods and Services Tax or GST is a mega challenge for the country. People are both optimistic yet anxious about the transition. The state of Bengal, however, is facing a 'sweet' dilemma as there is ambiguity whether the famed rasogollas and other traditional desserts will be taxed and at what rate.
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Plea On Excess VAT By Restaurants: High Court Seeks AAP Government Response
Delhi High Court on Wednesday asked the AAP government to file its response on a plea alleging that restaurants in Delhi were charging excess value added tax (VAT) on the food and drinks served by them.
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Delhi Government To Discuss VAT Cut On Diesel
The Delhi government is contemplating to reduce Value Added Tax (VAT) on diesel from 18 per cent to 16.6 per cent due to which the price of diesel may come down by around 60 paisa per litre.
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Meghalaya Budget: Tax On Liquor, Petroleum Hiked
Liquor, petroleum and limestone will be more expensive in Meghalaya as the government on Monday levied fresh taxes on them to meet shrinking resources after the National Green Tribunal banned coal mining in the north-eastern state.
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Smoking In Goa May Cost More After State Budget
Goa government may increase the Value Added Tax (VAT) on tobacco products by a big percentage in the upcoming state budget, a senior official said today.
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Haryana Government Sends Notice to Robert Vadra's Skylight Hospitalities
The Haryana government has issued a notice to Congress President Sonia Gandhi's son-in-law Robert Vadra's company Skylight Hospitalities, seeking details of a land deal in Gurgaon with realty major DLF, for the purpose of imposing tax.
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Delhi Slashes VAT Rates on Cutlery, Wax And Wood
The Arvind Kejriwal-led Delhi government on Saturday slashed VAT rates on all cutlery items made of metal from the existing 12.5 percent to five percent, an official statement said.
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BJP Protests VAT Hike on Fuel in Delhi, Raises it Next Door in Haryana
As the Delhi BJP protested against the Arind Kejriwal government's decision to increase Value Added Tax or VAT on petrol and diesel, its government's in neighbouring states effected VAT hikes too.
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Delhi Government Favours Uniformity in VAT Among Neighbouring States
In tune with its efforts to ensure uniformity in Value Added Tax with neighbouring states, Delhi government tabled an amendment bill in the Assembly for bringing flexibility in fixing VAT on liquor, tobacco, aerated drinks and certain other items.
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CPI(M) urges rollback of VAT on hotel food
CPIM today urged Puducherry government to withdraw the 10 per cent Value Added Tax imposed on hotel products and cooked foods from January this year. 'The ten percent VAT has come as a serious blow to the hoteliers and this would tell upon the business scenario in Puducherry', CPIM local unit Secretary V.Perumal told reporters here. He also sough...
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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.
-
Talking To States To Reduce Value Added Tax On Jet Fuel: Union Minister VK Singh
The aviation ministry is talking to different states urging them to reduce the Value Added Tax (VAT) on aviation turbine fuel (ATF), Minister of State for Civil Aviation, Road Transport and Highways VK Singh said Thursday.
-
Saudis Stock Up, Brace For Tripled VAT In Kingdom's Austerity Push
Saudis braced Wednesday for a tripling in value-added tax, another unpopular austerity measure after the twin shocks of coronavirus and an oil price slump triggered the kingdom's worst economic decline in decades.
-
Fuel Stations In Rajasthan To Shut For 24 Hours Tomorrow Over High VAT
Petrol and diesel pumps across Rajasthan will keep their operations shut for 24 hours, starting October 23 to protest against the increased rate of Value Added Taxes or VAT, officials said today.
-
Will GST Un-sweeten The Deal For Bengal's Rasogollas? What Industry Says
The implementation of Goods and Services Tax or GST is a mega challenge for the country. People are both optimistic yet anxious about the transition. The state of Bengal, however, is facing a 'sweet' dilemma as there is ambiguity whether the famed rasogollas and other traditional desserts will be taxed and at what rate.
-
Plea On Excess VAT By Restaurants: High Court Seeks AAP Government Response
Delhi High Court on Wednesday asked the AAP government to file its response on a plea alleging that restaurants in Delhi were charging excess value added tax (VAT) on the food and drinks served by them.
-
Delhi Government To Discuss VAT Cut On Diesel
The Delhi government is contemplating to reduce Value Added Tax (VAT) on diesel from 18 per cent to 16.6 per cent due to which the price of diesel may come down by around 60 paisa per litre.
-
Meghalaya Budget: Tax On Liquor, Petroleum Hiked
Liquor, petroleum and limestone will be more expensive in Meghalaya as the government on Monday levied fresh taxes on them to meet shrinking resources after the National Green Tribunal banned coal mining in the north-eastern state.
-
Smoking In Goa May Cost More After State Budget
Goa government may increase the Value Added Tax (VAT) on tobacco products by a big percentage in the upcoming state budget, a senior official said today.
-
Haryana Government Sends Notice to Robert Vadra's Skylight Hospitalities
The Haryana government has issued a notice to Congress President Sonia Gandhi's son-in-law Robert Vadra's company Skylight Hospitalities, seeking details of a land deal in Gurgaon with realty major DLF, for the purpose of imposing tax.
-
Delhi Slashes VAT Rates on Cutlery, Wax And Wood
The Arvind Kejriwal-led Delhi government on Saturday slashed VAT rates on all cutlery items made of metal from the existing 12.5 percent to five percent, an official statement said.
-
BJP Protests VAT Hike on Fuel in Delhi, Raises it Next Door in Haryana
As the Delhi BJP protested against the Arind Kejriwal government's decision to increase Value Added Tax or VAT on petrol and diesel, its government's in neighbouring states effected VAT hikes too.
-
Delhi Government Favours Uniformity in VAT Among Neighbouring States
In tune with its efforts to ensure uniformity in Value Added Tax with neighbouring states, Delhi government tabled an amendment bill in the Assembly for bringing flexibility in fixing VAT on liquor, tobacco, aerated drinks and certain other items.
-
CPI(M) urges rollback of VAT on hotel food
CPIM today urged Puducherry government to withdraw the 10 per cent Value Added Tax imposed on hotel products and cooked foods from January this year. 'The ten percent VAT has come as a serious blow to the hoteliers and this would tell upon the business scenario in Puducherry', CPIM local unit Secretary V.Perumal told reporters here. He also sough...
