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VAT REGIME
Tamil Nadu's excise revenue lags behind Karnataka, Maharashtra: GovtTamil Nadu's excise duty collections significantly lag behind Karnataka and Maharashtra, showing the lowest absolute collection and slowest...- Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
- Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
- Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
- Petrol at Rs 72, diesel at Rs 69 in Delhi? How GST could slash fuel prices in IndiaGlobal crude oil prices have surged past $110 per barrel. However, Indian retail fuel prices remain stable. This is due to government excis...
- 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...
- Bringing petroleum products under GST regime to cut taxes on petrol, diesel: Nitin GadkariFinance Minister Nirmala Sitharaman will definitely try to bring petrol and diesel under GST if she gets the support of the state governmen...
- About 1,800 businesses opt for migration to GST regime"Many taxpayers would have migrated when the window was open initially before GST roll-out. Hence the turnout for migration would have been...
- One-time settlement of VAT, excise disputes in the worksThe scheme, if approved, would allow officials to focus on GST compliance instead of dealing with legacy issues and could also generate ins...
- 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...
- FMs’ panel to discuss VATThe empowered committee of state finance ministers is expected to take up on Monday the issue of evolving a common value-added tax (VAT) re...
- MPCC for uniform petro VAT regimeThe Maharashtra Pradesh Congress Committee (MPCC) has opposed the civil aviation minister Praful Patel’s proposal to offer relief to the av...
- Tea, edible oils become cheaper in UP under VAT regimeAs many as 91 goods, including tea, edible oils and milk products, have become cheaper in Uttar Pradesh following implementation of Value A...
- Bandh to protest VAT regime hits business in AllahabadBusiness activities were hit in the city today as traders began their two-day bandh in protest against the proposed introduction of value-a...
- VAT impact positive for industryWith 21 states having implemented Value-Added Tax and eight states still to adopt it, the impact of the new tax regime is seen largely posi...
- Centre to compensate states' VAT lossesThe Centre on Saturday said it will compensate revenue losses incurred by states due to the implementation of value added tax (VAT) regime.
- Vat's up for youCan we get our Value-Added Tax (VAT) regime on the road at the third attempt? The proposed date for launch of the state level Vat is April ...
- Tough ride: Ordinance can't clear the pathIt's a tough situation for states wanting to implement the value added tax (VAT) regime. Even as the finance ministry is yet to draw a new ...
- Centre to move service tax amendmentThe political uncertainty on implementation of value added tax (VAT) by states notwithstanding, the Centre will go ahead and introduce the ...
- Petro goods will be freed from VAT till '05Major petroleum products like petrol, diesel, LPG and Kerosene will be excluded from the value added tax (VAT) for the first two years. Fin...
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