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KARNATAKA TAXATION ISSUES
Alcohol-in-beverage: Karnataka leads India’s next liquor tax experimentKarnataka becomes India's first state to adopt an Alcohol-in-Beverage excise duty structure. This new policy, effective May 11, deregulates...- Man bought demo car at big discount, RTO officer seized it citing Rs 60 lakh road tax dues; Karnataka HC gives relief to car ownerA Bengaluru RTO officer unlawfully seized Mr. Rama's demo car, leading to a zero FIR and charges of fraud. The Karnataka High Court quashed...
- Pay full Bengaluru property tax by May 31, 2026 and get 5% rebate as due date gets extendedBengaluru property owners can now avail a 5% rebate on property tax by paying in full by May 31, 2026, as the deadline has been extended. A...
- Karnataka's liquor deregulation: Why United Spirits, United Breweries & Allied Blenders are Dalal Street's new favouritesKarnataka is poised for a significant policy shift in its liquor sector, moving towards deregulation. This move is expected to benefit majo...
- Why beer in Goa costs you Rs 100 but Rs 305 in Karnataka, Rs 229 in Telangana?Alcohol prices in India vary significantly across states due to differing excise duties and taxes, with Goa having the lowest levies. This ...
- Steel Minister Kumaraswamy red flags high mineral tax by Karnataka governmentUnion Steel Minister H D Kumaraswamy has stated that additional taxes by Karnataka on mining operations will negatively impact the steel an...
- Centre to mediate high state taxes stifling mining operationsThe Centre intends to consult with states to curb excessive taxation on mining operations, addressing concerns from the sector. This follow...
- Karnataka Revenue Minister Krishna Byre Gowda pitches for higher professional tax, saying its value has dropped over the yearsKarnataka Revenue Minister Krishna Byre Gowda advocated for a Constitutional amendment to raise the professional tax cap. Gowda highlighted...
- On offer: Govt mulls some relief on levy of GST on vouchers and gift cardsSome vouchers have GST levied on them at the time of purchase, which leads to double taxation when they are used to buy goods or services t...
- Budget 2019: FAIFA urges government to correct cigarette taxation error to lessen burdenCigarettes account for 86% of revenue from tobacco taxation, while the contribution to tax collections from beedi and smokeless tobacco are...
- GST would add extra 4% in Indian growth, says Hasmukh Adhia quoting US expertRevenue secretary Adhia is on a cross-country tour to explain the nuances of GST and has already visited the North East and Gujarat to iron...
- Centre, state governments work on formula for 'GST on high seas'Jaitley, who is keen to ensure that the rules are decided based on consensus rather than voting, acknowledged that it was a race against ti...
- GST: States demand tax on high sea sales, higher compensationInitially a Rs 55,000 crore GST compensation fund was proposed to be created by levying cess on demerit or sin goods and luxury items.
- India's biggest cigarette maker ITC shuts plants from May 4 to comply with new pictorial warnings ruleITC shut its plants from May 4 to comply with a new stipulated pictorial warnings rule issued by the central government, the company said i...
- Flipkart picks Telangana for its largest warehouseIndia's largest e-tailer Flipkart has chosen Telangana over Karnataka to set up its largest and 16th warehouse in the country.
- Karnataka, Kerala express concerns over Road Transport BillThe issue is being discussed during the ongoing 21st South India Transport Council meeting in Goa where the Karnataka and Kerala government...
- Karnataka government to take a decision on Amazon India’s tax issueKarnataka CM Siddaramaiah is expected to take a call on Amazon India’s status – as service provider for retailers or as a retailer by itsel...
- Developers will have to pay 5% VAT, rules Supreme CourtSC has upheld the earlier verdict that asked builders to pay 5% VAT for sale of underconstruction houses between 2006 and 2010.
- All payments made abroad not within ambit of withholding tax, rules SCSCy rejected the I-T department's contention that cos based in India were liable to deduct tax when they make any payment overseas.
- Domestic wine industry in a fixThe domestic wine industry is facing problems of protectionist taxation by the two big manufacturing and consuming states, Maharashtra and ...
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