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Tag "Value Added Tax"

Aggregate demand shows brighter near-term outlook: RBI

Aggregate demand shows brighter near-term outlook: RBI

🕔21:33, 15.Nov 2021

Mumbai, Nov 15 (IANS) Indicators of aggregate demand have shown a brighter than before near-term outlook, the Reserve Bank of India (RBI) said in its monthly bulletin for November. Released on Monday, the bulletin said the indicators of aggregate demand posit

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UK Revenue grants Indian-owned Essar Oil extension to settle VAT arrears

UK Revenue grants Indian-owned Essar Oil extension to settle VAT arrears

🕔08:57, 29.Sep 2021

London, Sep 29  Indian-owned Essar Oil UK Limited (EOUK) has reached a new ‘time to pay’ (TTP) agreement with Her Majesty’s Revenue and Customs (HMRC) on Tuesday, which gives the firm more time to settle its Value Added Tax (VAT)

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Petroleum products should be under GST: PHD Chamber

Petroleum products should be under GST: PHD Chamber

🕔10:00, 24.Dec 2018

New Delhi, Dec 24  Hailing the GST Council’s decision to reduce tax rates on several items and services, President of PHD Chamber of Commerce and Industry, Rajeev Talwar on Sunday urged the government and the council to consider bringing petroleum

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Maharashtra to scrap Local Body Tax

Maharashtra to scrap Local Body Tax

🕔10:17, 19.Mar 2015

Mumbai, March 19  Maharashtra Finance Minister Sudhir Mungantiwar on Wednesday announced the scrapping of the contentious Local Body Tax (LBT) while presenting in the state assembly a Rs.198,000 crore budget for 2015-16 that has a deficit of Rs.3,070 crore and

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Goa hikes VAT on petrol to 10 percent

Goa hikes VAT on petrol to 10 percent

🕔11:42, 1.Jan 2015

Panaji, Jan 01  The Goa government hiked the value added tax (VAT) on petrol to ten percent, which would push petrol prices by Rs.5 and more. The hike will come into effect Jan 1. Priced at Rs.52.10 per litre, Goa

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Jayalalithaa suggests two-tier tax machinery

Jayalalithaa suggests two-tier tax machinery

🕔14:01, 18.Aug 2014

Chennai, Aug 18  Tamil Nadu Chief Minister J. Jayalalithaa has suggested to the central government to delegate the levy, collection and appropriation of tax substitutes for value added tax (VAT), central excise and service tax by the state. She said

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