Vat

  • Punjab government draws criticism for lowering VAT on tobacco products 27-01-2014 06:11 PM

    Chandigarh: Voice of Tobacco Victims, a civil society organisation, on Monday criticised the Punjab government's recent decision to roll back taxes on cigarettes from 55 to 22 per cent. Neighbouring states like Himachal Pradesh, Rajasthan, and Jammu & Kashmir have increased VAT on tobacco products, professor of Surgical Oncology at...
  • Sushil Modi hits back, says defective notification caused revenue loss 15-12-2013 10:53 PM

    Under fire from JD(U) for allegedly causing revenue loss by lowering VAT on certain goods six years ago, former deputy chief minister Sushil Kumar Modi sought to avoid blame saying the loss had taken place due to defective notification and demanded a CBI probe in the matter. "The revenue loss...
  • Leave alone Modi, even God can't save BJP in Delhi, says Kejriwal 18-11-2013 05:48 PM

    The Narendra Modi factor will hardly help BJP's fortunes in Delhi, believes Aam Aadmi Party convener Arvind Kejriwal who said that "even God can't save" the saffron party as it seeks to wrest power in Delhi. "BJP ko Delhi mein Bhagwan bhi nahi bacha sakte, toh Modi kya bachapayenge (God...
  • Delhi petrol pump outlets to close on Oct 28 to protest VAT 14-10-2013 11:03 PM

    Petrol pump operators in the national capital, on Monday, said they will shut their fuel outlets for a day on October 28 in protest against the Delhi government's refusal to reduce value added tax (VAT). VAT on diesel in Delhi is 12.5 per cent compared with about 9 per cent...
  • Goa slashes VAT on fuel to fight rising airfares 05-09-2013 11:04 AM

    Panaji: In a bid to arrest slump in arrivals and insulate itself from rising airfares during the upcoming tourist season, the Goa government has decided to offer incentives to all airlines refuelling themselves in the beach destination. Chief Minister Manohar Parrikar Wednesday said the state has already slashed Value Added...
  • K'taka: Siddaramaiah's socialist ideologies disappoint corporate world 10-08-2013 10:10 AM

    Bangalore: Karnataka's industry groups are unhappy with the new Chief Minster Siddaramaiah as they feel that his socialist ideologies were getting in the way of corporate development. Nearly three-month after taking over, he isn't exactly charming to the corporate world. He has not cleared a single major project so far...
  • Petrol price up by Rs 2 per litre due to weak rupee 16-06-2013 08:14 AM

    New Delhi: Petrol price was on Saturday hiked by a steep Rs 2 a litre, the second increase in rates in June alone, as devaluation of rupee against US dollar made imports costlier. The hike, which is effective from midnight on Saturday, is excluding local sales tax or VAT and...
  • Vodafone says paid no UK corporation tax in two years 08-06-2013 09:29 AM

    London: Vodafone Group Plc said it paid no corporation tax in Britain for the year to March 2013, prompting fresh criticism from campaigners who have made the UK mobile telephone group a target in the debate on corporate tax payments. Revelations of profit shifting by big companies have provoked anger...
  • World No Tobacco Day: Have gutka bans, increase in taxes worked? 31-05-2013 10:03 AM

    Mumbai: It's World No Tobacco Day on Friday and CNN-IBN finds out if the government's recent moves to curb health hazards has worked or not. Tobacco is addictive, causes cancer and is killing nearly 8 lakh Indians every year. What's more alarming is that a tenth of all cigarette smokers...
  • Maharashtra traders to continue indefinite bandh against LBT 10-05-2013 01:06 AM

    Mumbai: Federation of Associations of Maharashtra (FAM) representing 750 trade associations in the state on Thursday said, it would continue with its call for indefinite trade bandh till the LBT (Local Body Tax) is removed, even as the agitation entered 18th day. The decision on indefinite strike was taken at...
  • Petrol prices may be slashed by up to Rs 2 from May 1 29-04-2013 05:53 PM

    New Delhi: Oil companies may slash petrol prices by up to Rs 2 per litre from May 1, sources said on Monday. The sources said that the clarity on the monthly revision of petrol prices was expected on Tuesday. Petrol price were last cut by Rs 1 per litre on...
  • Punjab government will honour top VAT payers: Sukhbir 29-04-2013 03:05 AM

    Chandigarh: Deputy Chief Minister Sukhbir Singh Badal on Sunday said the VAT collections in Punjab had more than doubled in the past five years and was likely to touch Rs 16,000 crore in 2013. Honouring "Achievers of North India" at a function in Chandigarh, he announced his government would honour...
  • Should every state follow Goa model on petrol prices?

    Tonight at 10 pm Sagarika Ghose asks a panel of experts if every state should follow the Goa model on petrol prices. ...
  • Tamil Nadu hikes tax rates 11-07-2011 11:49 PM

    Chennai: Tamil Nadu government on Monday revised tax rates on certain products in order to generate additional revenue of Rs 3,900 crore per annum. The revised tax rates would be effective from from Tuesday, Finance Secretary K Shanmugam said in a release. Value Added Tax (VAT) on certain articles was...
  • Karnataka HC asks Wipro to pay Rs 24 cr tax 29-12-2010 08:13 AM

    Bangalore: The Karnataka High Court on Tuesday directed software major Wipro Technologies to deposit Rs 24 crore by Wednesday evening as four per cent Value Added Tax on the softwares they re-exported. A vacation bench comprising Justices Venugopala Gowda and B V Pinto declined to entertain the appeal of the...
  • Meet Nitin Vats mental calculation genius 14-02-2009 10:43 AM

    Nitin is also an ex-employee at Microsoft's research wing. ...
  • Mumbai eateries take a hit as running cost skyrockets 04-04-2008 02:47 AM

    Australia closed the third day at the MCG on 179 for 8 or, effectively, 230 for 8. With Michael Hussey on 79 with two wickets in hand, the home side has a battle-scarred veteran capable of doing damage with the tail. The key for India will be taking the remaining...
  • No cigarettes in Kerala from Monday 16-04-2007 12:00 AM

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  • FM to cut central sales tax by 1percent 19-03-2007 12:34 PM

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