Italy World Cup hero Fabio Cannavaro probed over tax fraud
Italy World Cup hero Fabio Cannavaro probed over tax fraud

Italy`s World Cup winning captain Fabio Cannavaro is being investigated on suspicion of running a sham company to avoid paying more than a million euros ($1.27 million) in tax, Italian authorities announced Wednesday.

Bihar govt to probe revenue loss to state under Sushil Modi

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

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

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

Cars, two-wheelers to cost more in Haryana

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

Punjab Budget 2013: Soft drinks, Cigarettes to cost more

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

Modi writes to states to increase tax on tobacco products

Deputy Chief Minister Sushil Kumar Modi wrote to finance minister of all states to take a cue from Bihar and increase tax on tobacco products which has killed lakhs of people across the country.

DMK urges Chidambaram to intervene for scrapping of VAT

A DMK delegation urged the Union Finance Minister P Chidambaram to scrap the 10 per cent VAT imposed on cooked food and other consumer articles.

VAT on kerosene reduced; tobacco products to be costlier

The Jharkhand government has reduced value added tax VAT on kerosene from 5% to 2% while the VAT on tobacco products has been increased from 14%to 20%

Don`t pay retrospective VAT to builders: BJP to flat buyers

BJP in Maharashtra on Tuesday asked those who have bought flats during 2006-10 not to pay heed to the notices sent to them by builders to pay the VAT amount.

Dikshit chides Cong MLAs for opposing VAT on CNG

Sources said Dikshit personally told a number of MLAs not to air such views in public as such behaviour damages the reputation of the government.

Centre, TN govt should reduce tax on petrol: DMK

Karunanidhi on Monday said both the Centre and Tamil Nadu governments should voluntarily come forward to reduce their tax percentage.

J&K govt`s move to hike VAT on tobacco products

The Jammu and Kashmir chapter of anti-tobacco NGO VHAI welcomed the state government`s move to hike value added tax on tobacco products.

Uttarkhand govt lowers VAT on petrol

Uttarakhand government Wednesday night
provided a relief of 45 paise per litre in the prices of
petrol by reducing the VAT.

VAT: Delhi govt to soon identify `bogus traders`

In an effort to improve VAT
collection and identify "bogus traders", the Delhi government
will soon carry out a comprehensive scrutiny of the traders
registered with it.

J’khand govt frees paddy, rice, wheat from VAT

The Jharkhand cabinet approved the policy which was announced during the budget
session to make essential commodities like paddy, rice, wheat
and flour free from VAT.

Cong asks Punjab govt to slash VAT on petrol

The state unit of Congress on Saturday asked the Punjab government to slash VAT on petrol as it did in case of Aviation Turbine Fuel, bringing it down from
22 to 4 percent.

Haryana govt waives 5% VAT on kerosene

Haryana Chief Minister Bhupinder Singh Hooda announced the decision of the state government to waive off the 5% value added tax (VAT) on kerosene.

UP reduces VAT on some essential items, farm products

The Uttar Pradesh government on Monday announced rebate in value added tax on essential items and certain farm products.

Mamata flays LF govt for imposing additional VAT

Mamata Banerjee on Saturday criticised the Left Front government for imposing additional VAT.