Value Added Tax

Delhi: Petrol pumps, CNG dispensing units to remain shut today

New Delhi: In what could cause inconvenience to the commuters in Delhi, all 400 petrol pumps along with linked CNG dispensing units will ...Read More

Delhi government refuses to reduce VAT on fuel prices, despite Centre announcing cut of Rs 2.50 per litre

Delhi government refuses to reduce VAT on fuel prices, despite Centre announcing cut of Rs 2.50 per litre

New Delhi: The Delhi government has refused to reduce value added tax (VAT) on the fuel price in the state, despite the Centre announcing...Read More

Rajasthan CM Vasundhara Raje announces 4 percent reduction in VAT on petrol, diesel

Rajasthan CM Vasundhara Raje announces 4 percent reduction in VAT on petrol, diesel

Jaipur: Rajasthan Chief Minister Vasundhara Raje announced a four-per cent reduction in value-added tax (VAT) on petrol and diesel on Sun...Read More

Delhi: Petrol price crosses Rs 80 mark, diesel at highest ever

New Delhi : Petrol price in the national capital Saturday crossed the Rs 80 mark for the first time ever as rupee depreciation made impor...Read More

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GST Council may take call on annual return forms on July 21

New Delhi : The format for annual returns and audit is likely to be approved by the GST Council in its meeting on July 21 and industry ex...Read More

Success of GST in one year

Success of GST in one year

Long years ago when the Value Added Tax was first introduced, the traders were up in arms, protesting that it would have a disruptive imp...Read More

Bhopal: VAT, cess and Syria mess causing petrol price hike says petrol pump dealers

Bhopal: Surpassing the mark of Rs 80/liter the petrol prices continue to soar in Madhya Pradesh on Tuesday. Petrol pump dealer’s associat...Read More

Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018

Tax-free no more: Saudi Arabia, UAE to roll out VAT in 2018

Dubai: Saudi Arabia and the United Arab Emirates, which have long lured foreign workers with the promise of a tax-free lifestyle, plan to...Read More

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FM asks states to cut VAT on natural gas, other fuel

Crude oil, petrol, diesel, natural gas and jet fuel (ATF) have been kept out of the GST.

GST Impact: Ola, Uber drivers to pay double lease

Drivers of Ola and Uber might have to pay twice the amount of tax on leasing under the new GST regime, making the whole business model un...Read More

GST rates finalised: Here’s what you must know

GST rates finalised: Here’s what you must know

Food grains will cost less from July 1 when the nation-wide Goods and Service Tax (GST) is rolled out as the GST Council on Thursday deci...Read More

Foodgrains to be cheaper under the new GST regime from July 1

Foodgrains to be cheaper under the new GST regime from July 1

“Cereals will be in exempt list. But what is to be done with packaged and branded food that has to be separately decided. We are yet to m...Read More

President Pranab Mukherjee gives assent to four supporting legislations on GST

New Delhi: President Pranab Mukherjee has given assent to four key legislations on Goods and Services Tax (GST), paving the way for the r...Read More

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Bhopal: PoS machines to be exempted from VAT, entry tax in state

BHOPAL: The government is going to bring a proposal in the cabinet meeting to exempt the Value Added Tax and entry tax on the purchase ma...Read More

GST Council to hold first meeting tomorrow

GST Council to hold first meeting tomorrow

New Delhi: The all powerful GST Council, which will decide on tax rates, exempted goods and threshold, will meet for the first time tomor...Read More

Maha govt hikes VAT on petrol by Rs 1.50 per litre

Mumbai: Maharashtra government today hiked the value added tax (VAT) levied on petrol by Rs 1.50 per litre.

Cabinet notifies constitution of GST Council

Cabinet notifies constitution of GST Council

New Delhi: The Cabinet today cleared the process, formation and functioning of the GST Council, which will decide on the rate of tax unde...Read More

Goa govt to reduce VAT on petrol as price goes up

Goa govt to reduce VAT on petrol as price goes up

Panaji: Goa government today said it will reduce VAT on petrol following the increase in its prices. “We had promised in our budget that ...Read More

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Tax evasion worth Rs 4.25 crore unearthed

Ujjain : Commercial Tax Department unearthed alleged tax evasion worth Rs 4.25 crore by a group of coal dealers operating in Nanakheda ar...Read More

VAT exemption for LED bulbs in Uttar Pradesh

VAT exemption for LED bulbs in Uttar Pradesh

Lucknow: The Uttar Pradesh government has decided to exempt LED bulbs from value added tax (VAT), an official said on Tuesday.