Decoding Budget Terms: What Is Indirect Tax? Definition, Types, And More - Check Here
Indirect tax is a kind of tax that can move from one place to another.
Jan 13, 2024, 18:31 PM IST
Cheers To Higher Prices: Liquor In Bars And Cafes To Become Costlier From THIS Date - Check Details
According to a recent Times of India report, the government issued a resolution on Friday detailing the VAT increase.
Oct 21, 2023, 19:52 PM IST
PM Narendra Modi targets Opposition-ruled states over higher fuel prices, seeks reduction in VAT
PM Modi raised the issue of many states not adhering to the Centre's call for reducing the Value Added Tax (VAT) on petrol and diesel after his government slashed excise duties on them in November last.
Apr 27, 2022, 15:41 PM IST
22 states/UTs have lowered the VAT on petrol and diesel, says government
According to the government, the UT of Ladakh has made the largest reductions in diesel prices, resulting in a drop of Rs 19.61 per litre
Nov 06, 2021, 08:49 AM IST
Petrol, diesel to cost more in Uttar Pradesh as govt hikes VAT
A litre of petrol will now cost 98 paisa more across the state while a litre of diesel has become dearer by Rs 2.35.
Aug 20, 2019, 11:33 AM IST
Petrol, diesel become cheaper by upto Rs 3 per litre in Gujarat as state govt cuts VAT by 4%
The Centre had recently brought down excise duty on petrol and diesel by Rs 2 per litre.
Oct 10, 2017, 11:06 AM IST
Ordinance likely to amend SEZ Act for alignment with GST
Certain provisions in the special economic zone (SEZ) Act, 2005, are not consistent with the GST regime and need to be made compatible before the July 1 rollout date.
Jun 24, 2017, 11:28 AM IST
Mizoram GST Bill passed unanimously
Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature on Thursday.
May 25, 2017, 15:56 PM IST
Legal experts divided over service charge in restaurants
Opinion appears to be divided among legal experts on the government's approach on service charge in restaurants, with a section terming it totally "illegal and unfair" trade practice and the other favouring making the levy optional.
Mar 05, 2017, 13:16 PM IST
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 .
Apr 04, 2016, 13:28 PM IST
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.
Nov 13, 2015, 11:41 AM IST
Fuel, liquor, cigarettes to cost more in Maharashtra
In its efforts to raise more funds for tackling drought in the state, Maharashtra government has decided to levy a surcharge of Rs 2 on petrol and diesel while VAT on liquor, cigarettes and beverages have also been raised by 5 per cent.
Sep 30, 2015, 18:17 PM IST
Will flight fares come down as Jet fuel price slashed by 11.7%?
Aviation Turbine Fuel (ATF) price in Delhi was cut by Rs 5,469.12 per kilolitre (kl), or 11.7 percent, to Rs 40,938.24 per kl, oil companies announced on Tuesday.
Sep 01, 2015, 12:55 PM IST
Punjab, Haryana hike VAT on diesel
Punjab and Haryana raised Value Added Tax (VAT) on diesel, negating the full benefit of Rs 2 per litre cut on fuel to consumers.
Jul 16, 2015, 18:15 PM IST
Delhi Assembly passes amendment to VAT Act
The Value Added Tax (Amendment) Bill was passed by the Delhi Assembly on Tuesday.
Jun 30, 2015, 20:30 PM IST
Amendment to Value Added Tax Act passed
In a major relief to city's traders, Delhi government on Tuesday passed an amendment to the Value Added Tax (VAT) Act which will allow them to carry forward their credit for successive financial years.
Mar 24, 2015, 19:58 PM IST
Domestic carriers' financial health a concern: Govt
The government Tuesday expressed concern over the financial health of domestic airlines but ruled out plans of extending financial package to budget carriers.
Mar 17, 2015, 18:18 PM IST
