Panaji, April 26
Goa government will refund Value Added Tax (VAT) to foreign tourists on goods bought in the state while they return to the airport, from November this year onwards, Chief Minister Manohar Parrikar...
Panaji, March 18
The Goa Government, which presented the Budget in the Assembly on Monday, has introduced various measures to ramp up tax collection from traders.
Among other things, there would be a spot...
Mumbai, March 8
The furnishing fabric industry in Maharashtra has requested the State administration to withdraw 5 per cent VAT imposed on the sector in the forthcoming Budget to be announced on March 20....
March 4, 2013
Unless the Goods and Services Tax emerges out of a process of consensus, it can have adverse long-term effects.
Hyderabad, Feb. 27
The Andhra Pradesh Government has reduced value-added tax on (VAT) plastic moulded furniture to 5 per cent from 14.50 per cent, giving a big relief to the middle-class and lower income groups.
Bengaluru, Feb 18
Oil Minister M. Veerappa Moily today ruled out a roll-back in the Rs 1.50 a litre hike in petrol and 45 paisa per litre increase in diesel rates saying only a small raise has been passed on to con...
Mangalore, Feb. 8
Farmers will now pay less for buying arecanut de-husking machines in Karnataka. Chief Minister Jagadeesh Shettar, who presented the budget proposals for 2013-14, announced the reduction...
New Delhi, Jan 16
SCRAPPING OF VAT EXEMPTION
Chandigarh, April 28
Deputy Chief Minister Sukhbir Singh Badal today said the VAT collections in Punjab had more than doubled in the past five years and was likely to touch Rs 16,000 crore this year.
Visakhapatnam, April 15
Oil tankers went off the road from Monday in Andhra Pradesh, as truck owners resorted to strike as they were engaged in a dispute with the oil companies on payment of value-added tax of 5 per cent...
Kolkata, March 11
The West Bengal budget’s proposal to increase the value added tax (VAT) rate by one per cent would be detrimental to the interests of trade and would have an inflationary effect, industry and comm...
Hyderabad, March 7
Textile traders in Andhra Pradesh will observe indefinite bandh from March 9 as the State Government refuses to reverse its move of bringing textile under Sensitive Commodities category.
New Delhi, Feb. 27
Domestic flying could become cheaper if the Economic Survey’s suggestion for rationalisation of the tax regime, particularly value added tax on aviation turbine fuel, is taken forw...
Bhopal, Feb 20
The Federation of Madhya Pradesh Chamber of Commerce and Industries (FMPCCI) on Wednesday demanded simplification of VAT in the state to help the people and industry at large. “When VAT was...
Chandigarh, Feb 13
The Haryana Chief Minister, Bhupinder Singh Hooda today announced to exempt wheat, being given to beneficiaries of Antodya Anna Yojana (AAY) under Targeted Public Distribution System (PDS), from V...
February 7, 2013
I am looking forward to this Budget for several reasons – but mostly because the global economic environment is calling for important initiatives in India that will lead us to continued growth<...
Coimbatore, Jan 5
Buffeted by power outages, Spinning mills in Tamil Nadu are expecting a major Pongal gift from the State Government by way of VAT exemption for diesel used for generators and also reduction of VAT...