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Diesel price: Centre calls meeting with states

Last Updated: Monday, July 28, 2014, 17:12

A litre of diesel in Delhi costs Rs 57.84 while in Mumbai it costs Rs 66.01 and in rest of Maharashtra Rs 65.99. This difference is primarily because of higher local sales tax or VAT and levy of state specific taxes like octroi and entry tax on the fuel.

Delhi Govt simplifies VAT payment procedures

Last Updated: Saturday, February 01, 2014, 18:39

Govt has also decided to scrap Audit Report 1 (AR1) which was mandatory for traders with an annual turnover exceeding Rs 10 crore to file.

Kerala govt to forego VAT on subsidy component on LPG

Last Updated: Sunday, January 19, 2014, 17:44

Bringing relief to people reeling under pressure of inflation, the Congress-led UDF government in Kerala has decided to forgo VAT on the subsidy component on LPG for domestic consumers.

Bihar govt to probe revenue loss to state under Sushil Modi

Last Updated: Friday, December 13, 2013, 18:40

With acrimony between former NDA partners-- JD(U) and BJP-- only increasing, the Bihar government announced it would order a high level inquiry into revenue loss of about Rs 50 crore to the state due to arbitrary lowering of VAT.

Dikshit announces VAT amnesty scheme to win traders

Last Updated: Wednesday, September 18, 2013, 21:49

Sheila Dikshit announced a VAT amnesty scheme under which defaulters will be allowed to disclose the outstanding amount voluntarily while being exempted from paying penalty and interest on dues.

Delhi govt adopting anti-trader policies: BJP

Last Updated: Thursday, September 05, 2013, 23:35

BJP on Thursday accused the Delhi government of adopting anti-trader policies and promised to simplify VAT rules if voted to power.

Hotels in Tamil Nadu to shut down on Monday to protest tax

Last Updated: Saturday, April 27, 2013, 18:59

"While hotels were already paying VAT ranging from two to 14 percent, the introduction of Service Tax of 12.36 percent in the budget presented by Finance Minister P Chidambaram was a double taxation causing additional burden," he told reporters here.

Cars, two-wheelers to cost more in Haryana

Last Updated: Friday, March 29, 2013, 21:53

Cars and two-wheelers in Haryana will now cost more as the state government today decided to hike road tax.

Cars, two-wheelers to cost more in Haryana

Last Updated: Friday, March 29, 2013, 20:52

Cars and two-wheelers in Haryana will now cost more as the state government on Friday decided to hike road tax.

Delhi budget: Threshold raised for registration under VAT

Last Updated: Thursday, March 21, 2013, 00:06

While announcing the sop, Sheila claimed that Delhi is the first state in the country to extend such relief to small traders.

Punjab Budget 2013: Soft drinks, Cigarettes to cost more

Last Updated: Wednesday, March 20, 2013, 16:07

The state government hiked the Value Added Tax in the Rs 460.21 crore deficit Budget presented in the state Assembly on Wednesday.

Foreign tourists to get tax refund in Goa

Last Updated: Monday, March 18, 2013, 21:33

Foreign tourists who fly into Goa can now shop cheap at the beach paradise.