According to the financial bill introduced in Parliament on May 29, imported onions, potatoes and other vegetables and fruits will now be subjected to a 13 per cent VAT.
A cut in this VAT and two free Liquefied Petroleum Gas (LPG) cylinders to beneficiaries of the Ujjwala scheme is expected to cost the state exchequer around Rs 1,650 crore.
Delhi CM and AAP chief Arvind Kejriwal in his address to the Gujarat traders said they will be treated as partners when AAP forms a government in the state
The notification with regard to the increase in VAT on fuel was issued by the state excise and taxation department on Saturday
This is Kejriwal's second visit to Gujarat this month, as the AAP intensifies its campaigning ahead of the Assembly elections.
Chairing a meeting of the state tax department pertaining to revenue collection at his residence, Yogi Adityanath said that Value Added Tax (VAT) will not be increased in the near future too.
Puri said in Lok Sabha that the central government has reduced excise duty on petroleum products and some other states, following cues, reduced their Value Added Tax (VAT)
In a virtual interaction with chief ministers on Wednesday, the Prime Minister pointed out that many states had not heeded the advice of the Centre to bring down VAT (Value Added Tax) on fuel prices.
As opposition leaders say Prime Minister Narendra Modi is 'passing the buck' on to states to reduce prices of petrol and diesel, BJP says the Opposition's...
Modi raised the issue of many states not adhering to the Centre's call for reducing VAT on petrol and diesel after his government slashed excise duties on them...
Congress hit back at PM Modi over his attack on the opposition-ruled states for not reducing VAT on petrol and diesel, saying the excise duty during UPA...
Tamil Nadu CM MK Stalin said whenever international crude rates dipped, the BJP government did not pass on the benefit to the customers, but only pocketed the...
The Finance Ministry said the Centre has already released eight months of GST compensation dues to the states for the fiscal ended March 2022 and Rs 78,704...
PM Modi said that states may provide relief to people now by reducing taxes that they were supposed to do last November.
Gross tax collection of Rs 27.07 lakh crore during April 2021 to March 2022 compares with budget estimate of Rs 22.17 lakh crore
It will be very difficult to say how things will pan out the next year but there is no room to say that good times only last for four quarters, J B Mohapatra...
The direct tax collection for FY22 has beaten the revised estimate of Rs 12.50 lakh crore, as it stood at Rs 13.63 lakh crore as of March 17
Jet fuel price on Tuesday rose to record levels across the country following a steep 8.5 per cent hike necessitated due to a spike in international oil prices.
In a relief for traders, the Punjab Cabinet on Wednesday decided to exempt about 1.50 lakh cases from tax assessment for the period 2014-15 till 2017-18, a...
After the centre's announcement to reduce excise duty on petrol and diesel, all the BJP-ruled states have also announced cuts on VAT and other taxes on...
Many BJP-ruled states such as Gujarat, Uttar Pradesh, Karnataka, Tripura, Goa, Uttarakhand, Manipur, Assam, Bihar and Haryana have slashed VAT on fuel after...
The petrol pump dealers in Rajasthan have supported the opposition’s demand and are also asking the state government to lower the VAT at par with other...
After Centre’s cut in excise duty and further reduction in VAT by the Chandigarh administration and Haryana government, fuel prices have dropped drastically...
Since states charge local sales tax or VAT not just on the base price but also on the excise duty levied by the centre, the total incidence of price reduction...
