VAT

EU seeks to end higher levies on ebooks

Taxes on ebooks should be cut to align their price with paper books, the European Commission proposed on Thursday as part of a broader review of sales tax`s rules in Europe

GST rate will go up if Kejriwal keeps luxury item out of budget: Jaitley

GST rate will go up if Kejriwal keeps luxury item out of budget: Jaitley

Union Finance Minister Arun Jaitley on Monday said Delhi Chief Minister Arvind Kejriwal`s `zero tax` budget that aims to rationalise the Value Added Tax (VAT) structure and keep luxury items out of the proposed GST, will automatically lead to the standard rate of GST going .

FAOTA stir: Odisha to procure commodities via national e-mktg

Hours before traders stopped import of food items including pulses from other states demanding withdrawal of VAT on food items, the Odisha government on Thursday decided to procure commodities through national e-marketing.

Govt will make U-turn at midnight if it benefits people: Mainsh Sisodia

 Delhi Deputy Chief Minister Manish Sisodia today the AAP government made a U-turn on the proposal to levy VAT on textiles and shoes "as people were facing problems because of the move" and said it was ready to change its decisions at midnight if it benefits people.

Good news! Low-cost footwear, school bags to remain VAT free

Good news! Low-cost footwear, school bags to remain VAT free

Following protests from several MLAs, the Delhi government has decided to roll back the hike in VAT on low-cost footwear and textiles which was proposed in its Budget 2016-17.

Like Amma Canteens in Tamil Nadu, Delhi to have Aam Aadmi Canteens

Like Amma Canteens in Tamil Nadu, Delhi to have Aam Aadmi Canteens

The Aam Aadmi Party government on Monday presented a "tax-free" budget and rationalised the VAT structure which may reduce the cost of products such as readymade garments, shoes, watches and electric and hybrid vehicles in the national capital.

Govt to walk extra mile to see jewellers are not harassed: Arun Jaitley

Govt to walk extra mile to see jewellers are not harassed: Arun Jaitley

Finance Minister Arun Jaitley on Sunday offered to walk the extra mile to ensure that small traders were not harassed but made it plain that luxury items cannot go untaxed.

Delhi govt to start drive to register traders with VAT dept

Delhi govt to start drive to register traders with VAT dept

 In order to bring more traders under tax net in the capital, Delhi government will run a large scale campaign from April to encourage the city's dealers, whose gross turnover is more than Rs 20 lakh annually, to register themselves with its VAT department.

VAT collection has crossed Rs 20,000 crore: Delhi govt

VAT collection has crossed Rs 20,000 crore: Delhi govt

Delhi government today said VAT collection in the ongoing financial year has crossed Rs 20,000 crore, close to its revised target of Rs 21,000 crore.
 

VAT: Odisha food item traders threaten to stop import

Protesting against the Odisha government's delay in withdrawing 5 per cent VAT on certainfood items, a traders body today threatened to stop import of essential commodities like pulses, wheat and wheat products,sugar and edible oil from other states from April 1

Likely government intervention to lower steep restaurant bills

Likely government intervention to lower steep restaurant bills

Food bills in steeply priced restaurants are seen coming down, as government  is likely to issue guidelines for restaurants to curb the arbitrary charging of service tax.

Delhi Cabinet passes resolution against LG in fresh face-off

In an unprecedented move, the Delhi Cabinet on Friday passed resolutions, challenging Lt Governor Najeeb Jung's authority to relieve the VAT Commissioner who it alleged was targeted for "fighting graft", and appointed a GoM to protect bureaucrats from "political victimisation".

Govt okays promulgation of Dadra & Nagar Haveli VAT regulation

 The government on Thursday approved the promulgation of the Dadra and Nagar Haveli Value Added Tax (Amendment) Regulation, 2005.

Petrol pumps to remain shut for 6 hours in UP on Tuesday

 To protest against the VAT hike on petroleum products in the state, all petrol pumps in Uttar Pradesh will remain closed for six hours on Tuesday.

Delhi govt transfers 28 officers

 In a major reshuffle, the Aam Aadmi Party government on Friday transfered 28 officials including three IAS officers.

DNA: Analysis of VAT hike on fuel in Delhi by Kejriwal govt

Arvind Kejriwal government has hiked the VAT rates on petrol and diesel in Delhi as they charged that it was being done to meet its Rs 526-crore publicity budget.

CPI(M) demands rollback of VAT hike on fuel in Delhi

Opposing AAP government's decision to increase VAT rates on fuel, CPI(M) Friday demanded the Arvind Kejriwal dispensation to stop playing "cynical games" with the public and withdraw the hike immediately.

AAP govt hike petrol, diesel prices in Delhi

The Arvind Kejriwal government has hiked the price of petrol and diesel in Delhi due to increase in VAT.

Panel discussion on increase of VAT on petrol, diesel by Delhi govt- Part II

The raise in the prices of petrol and diesel is the first hike in Value Added Tax effected by Aam Aadmi Party government since capturing power in Delhi.

Panel discussion on increase of VAT on petrol, diesel by Delhi govt

The raise in the prices of petrol and diesel is the first hike in Value Added Tax effected by Aam Aadmi Party government since capturing power in Delhi.