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VAT PAYMENTS
Rajasthan petrol pump operators threaten indefinite strike from Jun 1 over supply, pricing issuesPetrol pump operators in Rajasthan plan an indefinite strike from June 1. They demand government intervention on fuel pricing, supply disru...- 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...
- Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
- No boarding pass required: Abu Dhabi airport allows entry for non travellers to shop, dineZayed International Airport is offering a unique eight-week opportunity for UAE citizens and residents to explore its terminal without a bo...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%If you are putting fresh money into the market, it might be a good idea to stay with companies that don't have much to do with global suppl...
- Why Trump has thrown VAT into the trade stand-offPresident Donald Trump argues that value-added taxes (VAT) in other countries contribute to the U.S. trade deficit, particularly against na...
- In a relief to contractors, Karnataka HC asks govt bodies to bear differential GST burdenThe dispute between contractors and government arose due to the entering of works contract before July 1, 2017, when the GST replaced the V...
- 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 ...
- VAT spoils new year UAE trip for Indian travellersTour operators like Thomas Cook, Cox & Kings said customers were informed about the payment of VAT.
- IOC pays Rs 2,935 crore to Odisha government to resolve tax issueLast month, the state government agreed to give Rs 700 crore per annum of interest-free loan for 15 years to IOC.
- Govt extends deadline for registering on GST portalAbout1.85 lakh dealers out of the 3.53 lakh registered with the VAT department have enrolled on the GST portal from December 16 till date.
- Rs 25,000 crore outlay for agriculture in Maharashtra budgetThe Maharashtra Budget for 2016-17 has proposed Rs 25,000 crore for the farm sector in view of a severe drought in the state.
- Himachal Pradesh abolishes VAT on subsidised amount on LPG under DBTThe Himachal Pradesh government amended Rule 17 of the HP VAT Rules 2005 to abolish VAT on the subsidy amount, an official spokesman said h...
- Indian-origin solicitor accused of UK tax fraudA London-based solicitor of Indian-origin, who was made a Queen's Counsel in March 2011, is facing criminal charges for failing to pay 600,...
- Barclays in tax row over avoiding paying millions of pounds in a deal with AccentureBarclays bank has now been embroiled in a tax row that allegedly involved avoiding paying mns of pounds in tax in a deal with Accenture.
- IFFCO says it may have to shut down UP operationsIFFCO fears it will be forced to shut ops in UP as RIL has agreed to pay under protest a disputed tax levied by the state on natural gas, a...
- 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...
- Imports under VAT may get cheaperThe government has withdrawn 4 per cent special additional duty (SAD) on all VAT-paid imports.
- 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...
- States fall in line on common VATThe Centre is working on e-governance for VAT administration which will facilitate e-filing.
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