News for 'VAT'

Alia, Varun, Ranveer at Nickelodeon Kids Choice Awards

Alia, Varun, Ranveer at Nickelodeon Kids Choice Awards

Rediff.com17 Dec 2017

The kids have picked their favourites!

Plans to roll out new car from Sanand plant: Tata Motors

Plans to roll out new car from Sanand plant: Tata Motors

Rediff.com14 Aug 2014

Company says that this is a long-term plan as it continues to evaluate options.

Petrol crosses Rs 91 mark in Mumbai, LPG above Rs 500

Petrol crosses Rs 91 mark in Mumbai, LPG above Rs 500

Rediff.com1 Oct 2018

Diesel in Mumbai costs Rs 79.72 per litre at IOC outlets and Rs 79.79 at BPCL outlets.

India's tax panel to meet Pranab by mid-June

India's tax panel to meet Pranab by mid-June

Rediff.com3 Jun 2009

Confident of meeting the schedule of introducing the goods and service tax in the beginning of the next fiscal, state finance ministers will meet the finance minister Pranab Mukherjee around mid-June on various issues relating to the new tax system.

Cairn to pay sales tax only on crude sold in Raj

Cairn to pay sales tax only on crude sold in Raj

Rediff.com8 Sep 2009

In an attempt to stop states from levying local sales tax on inter-state transactions, the Centre has told Rajasthan that only Central Sales Tax can be levied on crude oil sold from Cairn India's fields in the state to refiners elsewhere.

Apple iPad Air 2, mini 3 to be available in India from Nov 29

Apple iPad Air 2, mini 3 to be available in India from Nov 29

Rediff.com24 Nov 2014

In Air 2, Apple has upgraded main camera to 8 megapixel while camera in iPad mini 3 remains the same at 5 MP.

Mobiles to cost more in Maharashtra

Mobiles to cost more in Maharashtra

Rediff.com30 Jun 2009

The prices of mobile handsets are likely to increase in Maharastra from Wednesday as the state government has hiked the sales tax on devices to 12.5 per cent from four per cent now.According to analysts, the tax increase would push up the cost of a Rs 3,000 mobile handset by Rs 250.

Allow benefits of price cuts to public: Centre to write to CMs

Allow benefits of price cuts to public: Centre to write to CMs

Rediff.com4 Nov 2014

The Centre will soon write to the states to bring uniformity in the Value Added Tax on oil products so that benefits of price cuts filter down to the masses.

Big B walks duty free, lands in trouble

Big B walks duty free, lands in trouble

Rediff.com27 Sep 2008

Bollywood superstar Amitabh Bachchan has been slapped with a showcause notice by the Directorate of Revenue Intelligence (DRI) for allegedly not declaring dutiable goods at the Mumbai airport while returning from London last year.

GST: Traders pin hopes on Budget

GST: Traders pin hopes on Budget

Rediff.com2 Jun 2009

Traders are placing great hopes that the next Budget will have some concrete measures on implementation of Goods and Services Tax but some experts doubt the new tax may take more time than expected.

'Can I invest in the stockmarket now?'

'Can I invest in the stockmarket now?'

Rediff.com19 Nov 2020

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Laundry care goes innovative in India

Laundry care goes innovative in India

Rediff.com29 Nov 2007

After achieving high levels of market penetration, the Rs 8,800 crore (Rs 88 billion) detergents industry is now banking on growth through high-value products and innovation. Innovation in the laundry care industry is possible through four ways, according to Sudhanshu Vats, category head, home care, Hindustan Unilever (HUL).

Real Madrid income climbs to 520 million euros in 2012-13

Real Madrid income climbs to 520 million euros in 2012-13

Rediff.com7 Sep 2013

Real Madrid's revenues exceeded 500 million euros for a second consecutive season in 2012-13, rising 1.3 percent to 520.9 million (436.7 million pounds), the world's richest club by income said.

Taxes exceed actual cost of petrol

Taxes exceed actual cost of petrol

Rediff.com9 Nov 2015

The excise duty on unbranded petrol was increased from Rs 5.46 per litre to Rs 7.06 a litre.

Amarnath Samiti launches 'disobedience movement'

Amarnath Samiti launches 'disobedience movement'

Rediff.com20 Aug 2008

Amarnath Yatra Sangharsh Samiti (AYSS) on Wednesday announced the launch of civil disobedience movement in Jammu region.

Shazia Ilmi says Jamia didn't let her speak on triple talaq; varsity denies

Shazia Ilmi says Jamia didn't let her speak on triple talaq; varsity denies

Rediff.com1 Mar 2017

According to Ilmi, she was invited by RSS-supported Forum for Awareness of National Security to speak at a seminar on "Triple Talaq" and the university had pressurised the organisers to change the subject to "Muslim's women's empowerment: Issues and challenges" and drop her name from the speaker's list.

How Jio, Airtel are fighting the data war

How Jio, Airtel are fighting the data war

Rediff.com28 Jan 2018

The recognition that content - video in particular - will be the next big thing in the telecom wars requires no rocket science.

Cigarettes won't be cheaper under GST

Cigarettes won't be cheaper under GST

Rediff.com17 Jul 2017

The peak GST rate of 28 per cent as also the 5 per cent ad valorem cess will continue

Get ready to pay more for smartphones, calls

Get ready to pay more for smartphones, calls

Rediff.com2 Mar 2015

At present, 70% of the mobile handsets sold in India are imported.

India's oil import bill to jump by $26 bn on rupee woes

India's oil import bill to jump by $26 bn on rupee woes

Rediff.com16 Aug 2018

India, which imports over 80 per cent of its oil needs, spent $87.7 billion on importing 220.43 million tonne (MT) of crude oil in 2017-18. For 2018-19, the imports are pegged at almost 227 MT.

The Nano prices

The Nano prices

Rediff.com23 Mar 2009

Tata Motors on Monday announced that the Tata Nano Standard version (BS2) will be priced at Rs 1 lakh (Rs 100,000) ex Factory Pantnagar (excluding transportation charges and VAT) thereby delivering on the promise made at the unveiling of the car at the Auto Expo in New Delhi last year on January 10th 2008.

Petrol, diesel prices cut after 16 days -- by 1 paisa

Petrol, diesel prices cut after 16 days -- by 1 paisa

Rediff.com30 May 2018

The fuel price hike for the last 16 days had caused inconvenience and disappointment among the general public.

GST rates dampen Ayurveda firms' hopes

GST rates dampen Ayurveda firms' hopes

Rediff.com1 Jun 2017

The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax

Infosys to build IT network for GST

Infosys to build IT network for GST

Rediff.com22 Sep 2015

The company will operate the IT system for five years.

World Bank ranking of states not based on facts: Tamil Nadu

World Bank ranking of states not based on facts: Tamil Nadu

Rediff.com16 Sep 2015

Tamil Nadu says it's intriguing only BJP-ruled states top the list, while industrialised states are given a go-by.

MPC votes 5-1 to keep policy rates unchanged

MPC votes 5-1 to keep policy rates unchanged

Rediff.com6 Dec 2017

The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.

Taxes comprise 50% of petrol price in Delhi

Taxes comprise 50% of petrol price in Delhi

Rediff.com13 Jul 2009

Almost half of the retail price of petrol of Rs 44.63 a litre in the national capital comprises taxes and duties, Minister of State for Petroleum and Natural Gas Jitin Prasada said.

Big retailers seen to squeeze out small

Big retailers seen to squeeze out small

Rediff.com24 Jun 2008

What has come as a bigger blow for small traders in the commodity market is the 'invasion' of big retailers into the commodity market. This is hurting them more than the Centre's new regulation curbing stock holding and the effects of VAT. In fact, entry of big retailers has created a new dimension in the commodity market, particularly in the last two years. The small traders hold them responsible for the current scenario in the market, including steep rise in prices.

Airlines may hike fares to offset losses

Airlines may hike fares to offset losses

Rediff.com31 Jan 2008

Hit by soaring fuel prices, the aviation industry is mulling introduction of a "differential fuel surcharge" based on VAT rates in each state to partially offset losses suffered by the air carriers. "Airlines would not be able to survive if the cost of aviation turbine fuel (ATF) is so high and competition brings down the fares," V Thulasidas, chairman and managing director, Air India said.

Maharashtra plans 9,000 kiosks for e-gov

Maharashtra plans 9,000 kiosks for e-gov

Rediff.com7 Jan 2008

The kiosks will offer government services like land records, various licences, getting cast or domicile certificates, filing of VAT return, payment of motor vehicle tax, and enrolment forms for the state government's pension scheme for the old and destitute. The operators, running these kiosks, will be allowed to collect user charges to recover their investment.

Govt extends service tax return filing date to April 30

Govt extends service tax return filing date to April 30

Rediff.com27 Apr 2017

As per norms, the returns have to be filed online on www.aces.gov.in.

Essar Oil plant gets HC nod for tax sop

Essar Oil plant gets HC nod for tax sop

Rediff.com25 Apr 2008

In the late 1990s, the Gujarat government had issued a policy allowing deferment of sales tax/VAT up to a certain amount, with the benefit capped for a period not exceeding 17 years. Projects with investment over Rs 1,000 crore could be eligible for the tax benefit. A deferment benefit on sale tax means a dealer is allowed to postpone the payment of tax on purchase of raw materials sales of products for a fixed period or/and up to a specific monetary limit.

Why premium car dealers are seeing an unprecedented churn

Why premium car dealers are seeing an unprecedented churn

Rediff.com6 Oct 2018

Higher costs of car inventories, missing sales targets and manufacturer expectations, and soaring rentals, are eating into dealers' margins.

Flaws in India's GST defeats its purpose

Flaws in India's GST defeats its purpose

Rediff.com16 Sep 2015

There is much work to be done to design a good GST.

Education, healthcare to be out of GST

Education, healthcare to be out of GST

Rediff.com2 Apr 2017

The Centre is against giving any shock in the first year of the rollout by bringing in new services.

Buses & pick-up vans escape cess under GST

Buses & pick-up vans escape cess under GST

Rediff.com28 Mar 2017

No mention of cab aggregators in GST bills

Great new deal reached on Brexit: British PM

Great new deal reached on Brexit: British PM

Rediff.com17 Oct 2019

Britain is due to leave the European Union by October 31, with Johnson racing against time to strike a deal to meet that deadline.

'We are ready for GST rollout from April 1, 2016'

'We are ready for GST rollout from April 1, 2016'

Rediff.com18 Aug 2015

The IMG meeting will be convened shortly.

Explained: How service sector gained and govt actually lost revenue post GST

Explained: How service sector gained and govt actually lost revenue post GST

Rediff.com10 May 2019

Across 10 prominent services, revenue to the government reduced by 20 per cent in the first year of GST compared to the last year of the service tax regime. This happened despite tax liability against these services growing by 50 per cent in one year.

Why Congress has called a Bharat bandh

Why Congress has called a Bharat bandh

Rediff.com10 Sep 2018

'What has taken the government so long to understand what the people of this country are going through?'