VAT

Petrol and diesel to be cheaper in Rajasthan from midnight

The prices of petrol and diesel are going to decrease in Rajasthan from midnight as the state government has decided to cut VAT on them.

Nov 16, 2021, 21:40 PM IST

After fuel price reduction, Maneka Gandhi urges Centre to lower LPG cylinder prices

The petrol and diesel prices have come down. The Union government should consider lowering the prices of other things, like gas (LPG cylinder), too to provide relief to the people, Maneka Gandhi said during a programme in her constituency.

Nov 06, 2021, 20:32 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

Rajasthan CM Ashok Gehlot urges PM to lower Excise Duty more on petrol, diesel

Ashok Gehlot said the reduction of VAT on petrol by Rs 1.8 per litre and on diesel by Rs 2.6 per litre will lead to a loss of state revenue worth Rs 1,800 crore every year.

Nov 05, 2021, 09:00 AM IST

Liquor prices could increase in Delhi as new excise policy comes into effect

Liquor prices in Delhi might go up as private vends open from November 17 under the new excise policy of the Delhi government. 

Oct 30, 2021, 22:10 PM 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 prices to cost more in Uttar Pradesh after hike in VAT

A litre of petrol will now cost 98 paise more across the state while a litre of diesel has become dearer by Rs 2.35.

Aug 20, 2019, 07:04 AM IST

Delhi: Petrol, CNG pumps to remain shut on Monday over govt's refusal to cut VAT

Nearly 400 petrol pumps will be shut for 23 hours from 6 am on Monday in the national capital.

Oct 21, 2018, 21:31 PM IST

Petrol pumps to remain closed in Delhi as dealers' association calls for one-day strike

VAT in Delhi is higher than neighboring Uttar Pradesh and Haryana.

Oct 17, 2018, 17:15 PM IST

Fuel prices fall: Amit Shah says relief for people, Congress calls it poll tactics

Amit Shah has said the fall in prices shows BJP government sensitive to needs of people. Congress says it's band-aid after inflicting 'thousand cuts.'

Oct 05, 2018, 06:58 AM IST

Petrol and diesel prices eye century, household budgets clean bowled

The common man across the country is not feeling the pinch of surging fuel prices. He's feeling outright pain.

Sep 08, 2018, 12:05 PM IST

Saudi Arabia, UAE introduce VAT in first for Gulf

Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday.

Jan 01, 2018, 23:02 PM IST

In a first, Saudi, UAE introduce VAT in tax-free Gulf

Saudi Arabia and the United Arab Emirates introduced value-added tax from today, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system.

Jan 01, 2018, 17:21 PM IST

GST Council to meet today; exporters may get some relief

The full fledged meeting of the GST Council is also likely to assess the improvements in the GST Network's functioning.

Oct 06, 2017, 00:04 AM IST

GST collection tops Rs 94,000 crore for July from 44 lakh businesses

Finance Minister Arun Jaitley had last week stated that 38.38 lakh businesses had filed their returns and paid Rs 92,283 crore in taxes for the month of July - the first month of implementation of independent India's biggest tax reform, the GST.

Sep 07, 2017, 00:01 AM IST

Petroleum products will not be brought under GST: MP Finance Minister

However, the minister, who admitted that the rate of tax (VAT and entry tax) on petroleum products in the state is on the higher side also gave a justification for it.

Aug 12, 2017, 19:16 PM IST

27 lakh biz yet to complete GST registration process: GSTN

The deadline for filing the first return GSTR-3B is August 20.

Aug 02, 2017, 23:20 PM IST

Subdued demand may force relook at GST composition scheme

With just about one lakh of 70 lakh businesses opting for GST Composition Scheme, tax authorities are reviewing why the scheme that allowed such entities to pay a fixed 1-5 percent tax, has not clicked.

Jul 30, 2017, 16:54 PM IST

GST to be positive for auto, retail; negative for SMEs: Fitch

New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil and gas, and SME sectors, Fitch Ratings said on Tuesday.

Jul 18, 2017, 13:40 PM IST