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VAT AND ENTRY TAXES
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- Rajasthan offers tax sops for investment in defence sectorTo attract investors, the Rajasthan government has amended its investment promotion scheme, 2014, to offer tax benefits for funding in the ...
- India's GST: Is it a modified Value Added Tax?Increasing the indirect taxes makes consumption more and more costly and therefore has an inflationary effect, which makes the poor to suff...
- Roll out of GST to bring down prices: GovernmentThe Central Board of Excise and Customs has given out a details of the existing tax incidence and under GST to demonstrate reduction in tax...
- How pocket-friendly will GST be for youHowever, some other products such as bottled water, bathing soap, LED TV and split AC may see a rise in price.
- GST test for Narendra Modi today: Here’s what it means for PM, India and youThe move will create uniformity in taxes across states, increasing efficiency & compliance and also boost the push towards ease of doing bu...
- VAT department collects Rs 14,720 crore till first week of January; 40% short of targetWith the state govt’s VAT collection target of Rs 24,000 crore now seeming a tall order, its VAT department has stepped up action against t...
- Rajasthan government scraps taxes on work book, biogas in Budget 2014-15Tyre and tube produced by vehicle producers, and the raw material used in wind mill manufacturing has been exempted from entry tax, Raje sa...
- Budget 2012: Bring the rate of CST immediately down to 0%, says IIAOne of the major positive fallout of this move would be push the inflation in to downward spiral and thus normalising the economy.
- SMEs seek GST implementation, uniform VAT ratesIIA an apex body of Micro, small and medium enterprises has sought GST implementation and uniform VAT rates across all states.
- Exporters upset with Centre’s proposal to increase VAT rateThe Centre’s plan to request state governments to enhance the entry level rate of value-added tax (VAT) from 4% to 5% has given the jitters...
- Entry tax is adjustable on all items except sugar: ManpreetThe Punjab government has clarified that the Entry Tax being levied on all items, except sugar, is aimed at checking evasion of value-added...
- CVD excised, importers now on par with manufacturersThe revenue department has withdrawn the 4% special countervailing duty (CVD), also known as special additional duty (SAD), on VAT-paid imp...
- Gujarat may do away with octroi next fiscalThe tax reform bug, it seems, has bitten states as well. Gujarat may soon join the league and remove octroi.
- Uniform CST of 2% from April '06The government has decided to issue a notification on the implementation of a uniform central sales tax (CST) of 2% with effect from April ...
- VAT may be factored into DEPBThe incidence of value added tax (VAT) will be factored into the duty entitlement pass book (DEPB) scheme or its successor, if exporters fa...
- VAT to end unhealthy competition: India, Inc.Welcoming the White Paper on VAT, apex chambers of commerce and industry on Monday said this would mark the first step towards tax rational...
- Centre, states to share powers on service taxIn a bid to ensure smooth implementation of state-level value-added tax (VAT) with effect from April next, the government cleared a proposa...
- Delhi to slap entry tax on goods from statesTHE DELHI government, aiming to replace sales tax by a Value Added Tax by April 1, 2002, plans to give set-off of VAT paid on inputs agains...
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