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VAT NEWS IN ENGLISH

  • rajasthan government reduces tax on tobacco products

    Rajasthan government reduces tax on tobacco products

    India | June 16, 2015 14:09 IST

    Jaipur: In a move that may increase tobacco consumption in the state, the Rajasthan government slashed taxes on tobacco products, like cigarettes and gutka “in public interest”, by as much as 20 per cent.The move

  • service tax only in ac restaurants effective rate 5.6

    Service tax only in AC restaurants; effective rate 5.6%

    June 10, 2015 12:26 IST

    New Delhi: Service tax will not be levied on customers dining in restaurants without air conditioning facility or central heating, the Finance Ministry has clarified.Even the restaurants that have ACs or central heating will levy

  • vat on petrol won t be reduced laxmikant parsekar

    VAT on petrol won't be reduced: Laxmikant Parsekar

    May 23, 2015 17:03 IST

    Panaji:  Goa Chief Minister Laxmikant Parsekar today refused to reduce the value added tax (VAT) on petrol."We will not reduce the VAT on petrol prices. There is no demand from people to reduce it. If

  • tax free budget in tamil nadu

    Tax free budget in Tamil Nadu

    India | March 25, 2015 13:58 IST

    Chennai: Tamil Nadu Chief Minister O. Panneerselvam, who also holds the finance portfolio, presented a tax-free budget for fiscal 2015-16 here on Wednesday, while announcing various concessions on value added tax (VAT).Panneerselvam said the government

  • delhi traders cheer as govt makes vat trader friendly

    Delhi traders cheer as govt makes VAT trader-friendly, extends tax form deadline

    India | March 08, 2015 15:16 IST

    New Delhi: Giving relief to city's trading community, the Delhi government allowed “carry-forward” of refund of VAT (Value-Added Tax) to the next fiscal year and extended the date of filing a mandatory R9 form. The

  • kejriwal assures traders against harassment

    Kejriwal assures traders against harassment

    India | March 01, 2015 19:16 IST

    New Delhi: Amidst reports that the Delhi government has asked the VAT commissioner to take steps to boost revenue, Chief Minister Arvind Kejriwal today sought to dispel the fears of traders in this regard and

  • jharkhand govt increases vat imposes cess on petrol diesel

    Jharkhand govt increases VAT, imposes cess on petrol, diesel

    February 24, 2015 23:07 IST

    Ranchi: Prices of petrol and diesel will increase in Jharkhand from midnight after the state government decided to raise VAT and impose one rupee cess per litre on the fuel to mop up additional revenue.As

  • petrol to be costlier in haryana as govt hikes vat

    Petrol to be costlier in Haryana as govt hikes VAT

    India | February 12, 2015 20:02 IST

    Chandigarh: Petrol price is set to become costlier by over Rs 2 per litre in Haryana with the BJP led state government raising VAT on petrol by five per cent, which will fetch Rs 245

  • no vat on liquor licence for marriage functions

    No VAT on liquor licence for marriage functions

    January 01, 2015 20:38 IST

    Chandigarh: The Punjab government today decided to do away with the Excise and Taxation department's practice of charging VAT while granting liquor licenses for functions at marriage places across the state.Deputy Chief Minister Sukhbir Singh

  • allow benefits of price cuts to public centre to write to

    Allow benefits of price cuts to public: Centre to write to CMs

    India | November 03, 2014 21:26 IST

    Patna: The Centre will soon write to the states to bring uniformity in the Value Added Tax (VAT) on oil products so that benefits of price cuts filter down to the masses, Union Petroleum and

  • j k government seeks rs. 44 000 cr flood relief package

    J&K government seeks Rs. 44,000 cr flood relief package from centre

    India | October 11, 2014 8:18 IST

    Srinagar: Jammu and Kashmir government has submitted a proposal to the central government, seeking a special financial package of 44,000 crore rupees for the rehabilitation of flood affected people.The state cabinet, which met here Friday

  • up govt removes vat on bicycles costing less than rs 3500

    UP Govt removes VAT on bicycles costing less than Rs 3500

    India | September 15, 2014 13:12 IST

    Lucknow: Uttar Pradesh Chief Minister Akhilesh Yadav today announced exemption of VAT for bicycles costing less than Rs 3,500."A large number of population in the state uses bicycles as their mode of conveyance specially farmers,

  • impose at least 50 per cent vat on tobacco products harsh

    Impose at least 50 per cent VAT on tobacco products: Harsh Vardhan to states

    Politics | July 06, 2014 12:48 IST

    New Delhi: In his bid to discourage smoking among youths, Union Health Minister Harsh Vardhan has urged states and Union Territories to impose VAT of at least 50 per cent on all tobacco products to

  • impose at least 50 per cent vat on tobacco products harsh

    Impose at least 50 per cent VAT on tobacco products:Harsh Vardhan to states

    India | July 05, 2014 23:36 IST

    New Delhi: In his bid to discourage smoking among youths, Union Health Minister Harsh Vardhan has urged states and Union Territories to impose VAT of at least 50 per cent on all tobacco products to

  • vat on cigarette to be increased in mizoram

    VAT on cigarette to be increased in Mizoram

    India | February 19, 2014 11:18 IST

    Aizawl: Mizoram will soon hike VAT on cigarette in the state, official sources today said.“The proposal to increase the rate of VAT is aimed at increased cessation of smoking among the people of Mizoram,” state

  • punjab reduces vat on cigarettes iron and steel

    Punjab reduces VAT on cigarettes, iron and steel

    India | January 21, 2014 9:09 IST

    Chandigarh: Having hiked the value added tax (VAT) on cigarettes last year to curb sales, the Punjab cabinet yesterday decided to reverse the decision and reduced the tax on them.Under the proposal approved by the

  • vat refunds now on basis of rating

    VAT refunds now on basis of rating

    November 06, 2013 21:27 IST

    Chandigarh: Punjab Deputy Chief Minister Sukhbir Singh Badal Deputy today said VAT refunds will be paid online to industrialists on the basis of their rating. Making this announcement following a meeting with senior BJP ministers,

  • haryana govt cuts vat on textile home furnishing items to 5

    Haryana govt cuts VAT on textile, home furnishing items to 5%

    October 07, 2013 19:22 IST

    Chandigarh: Giving relief to the state's textile makers, the state government today slashed Value Added Tax (VAT) from 12.5 per cent to 5 per cent on range of textile, woollen and home furnishing items. This

  • no rollback of vat on cng says sheila dikshit

    No rollback of vat on CNG, says Sheila Dikshit

    June 04, 2012 17:20 IST

    New Delhi, June 3: Notwithstanding strong demands by BJP and a section of the ruling Congress, Delhi Chief Minister Sheila Dikshit has made it clear that there will be no rollback of five per cent

  • bihar govt refuses to reduce vat petrol

    Bihar govt refuses to reduce VAT petrol

    Politics | May 29, 2012 17:35 IST

    Patna, May 29 : The Bihar government has reduced vat on petrol and it was not possible to do so further, Deputy Chief Minister Sushil Kumar Modi said today.“The Bihar government has already reduced VAT

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