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KARNATAKA BUDGET VAT
Karnataka revises liquor prices. Check latest new rates in Bengaluru and other areasKarnataka has implemented a new Alcohol-in-Beverage (AIB)-based excise duty system, resulting in updated liquor prices statewide. The excis...- Karnataka plans excise policy that aims to cut alcoholic beverages consumption by 8-9% over six yearsKarnataka has released a draft excise policy proposing to cut alcohol consumption by 8–9% over six years, while shifting towards lower-stre...
- Major states staring at Rs 97,100 crore revenue loss in AprilStates' problems are more precarious as the actual battle against virus and the associated cost is met by them.
- Liquor prices in Karnataka to shoot up; beer, wine to get cheaper in barsKarnataka CM Siddaramaiah, who is also in charge of planning the State’s finances, on Wednesday proposed in his Budget for 2017-18 abolishi...
- Karnataka Budget 2017: VAT on alcohol abolished, stocks soarStocks of United Brewerie, United Spirits rose up to 2.75% while Radico Khaitan, Globus Spirits rose more than 4% in intra-day trade on Wed...
- Karnataka Budget: VAT on liquor removed from April 1, cinema tickets to be cheaperThe Karnataka Budget for 2017-18 has proposed a number of measures that are bound to bring cheer to wine enthusiasts and cinema lovers.
- VAT on cigarettes coming down: ReportThree big states have not altered value added tax (VAT) on cigarettes, which will reduce the overall VAT rate used in calculation for cigar...
- Delhi hopeful to bring uniformity in tax rates within a monthAccording to the Delhi government, it will initiate the process of communication with other northern states as soon as the Budget Session g...
- Karnataka government to review alleged VAT evasion by e-commerce companiesKarnataka government will examine tax-evasion cases involving e-commerce companies, which allegedly caused a loss of Rs. 2,000 crore to the...
- Uncork the bubbly! Vat on liquor may go in KarnatakaEarlier, excise and commercial taxes departments imposed separate levies, but the liquor industry demanded that there be a combined levy.
- Maharashtra furnishing fabric industry seeks VAT withdrawalState administration through a notification last August had imposed 5% VAT on furnishing fabric that has severely hit the trade.
- Karnataka hikes VAT by 0.5 per cent on two slabs, goods to cost moreSeveral consumer goods, including electronic items, will cost more in Karnataka in the wake of government increasing VAT by 0.5 per cent to...
- Karnataka Budget: Yeddyurappa presents budget for farmers; raises VAT rateKarnataka Chief Minister BS Yeddyurappa donned the hat of a farmer veering towards populism while presenting the state Budget for 2011-12, ...
- Karnataka Budget 2011: Gold jewellery to cost more; certain VAT rates raisedThe Karnataka government on Thursday proposed to raise excise, motor vehicle tax and certain VAT rates in the Rs 1,278.94-crore revenue sur...
- Govt should issue clear rules on service tax & VATThis is fourth in a series of articles in association with Ernst and Young in the run up to the Budget. Govt should make India more investm...
- Karnataka bites the VAT bullet on coffeeWhile any tax-reduction on a product is normally welcomed by the concerned industry, there is far more to it than what meets the eye in the...
- Karnataka cautious on 4% coffee VAT bulletThere is far more to it than what meets the eye in the case of this Monday's announcement that Karnataka would be slashing the tax on coffe...
- No April Fool's Joke: Get ready for a shopping spreeThe consumer's king once more. Thanks to the new and improved small trader-friendly VAT, that kicks in from April 1, prices of many goods a...
- Centre to decide on penalising 'non-VAT' statesIf 100% compensation for revenue loss is the carrot for states to switch over to the value added tax regime next fiscal, where is the stick...
- Govt to bear states' entire sales tax cut burdenThe Centre has decided to grant 100% compensation to states for the revenue loss arising from the proposed reduction in central sales tax. ...
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