News for 'VAT'

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.

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.

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.

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

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.

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

'We will become a good welfare State if...'

'We will become a good welfare State if...'

Rediff.com29 May 2020

'... the government provides adequate cash and kind support for the poorest of the poor for survival... ...conditional cash and skilling support for the economically poor to raise their incomes to adequate levels... ...and make functional arrangements for providing unemployment allowance to the vulnerable poor during disasters like the present one.'

States agree to dual GST by 2010

States agree to dual GST by 2010

Rediff.com29 Nov 2007

A key milestone towards indirect tax reform in the country was achieved on Wednesday when state governments approved the introduction of a nationwide dual Goods and Service Tax (GST) from April 1, 2010.

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.

Schools, hospitals to be charged service tax

Schools, hospitals to be charged service tax

Rediff.com28 Jun 2007

Will have to pay 12% tax besides 3% education cess.

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.

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.

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.

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.

Cigarettes not to be sold in Kerala from Apr 16

Cigarettes not to be sold in Kerala from Apr 16

Rediff.com12 Apr 2007

Traders in Kerala on Thursday decided not to sell cigarettes in the state from April 16 as tobacco-manufacturing companies were 'not prepared' to pay the value-added tax for the products.

Best of the week in business

Best of the week in business

Rediff.com23 Apr 2005

Best of the week in business

'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.

Next-level GST talks on Wednesday

Next-level GST talks on Wednesday

Rediff.com18 Aug 2014

States' demand of compensation from Centre for loss of tax revenue not on agenda.

Duty on alcohol, petro-products to be reviewed

Duty on alcohol, petro-products to be reviewed

Rediff.com5 Jul 2007

After duty cut on imported wine, beer and spirits, the joint working group on Goods and Services Tax has been asked to recommend a new duty regime on goods and services.

Yashwant Sinha's confessions

Yashwant Sinha's confessions

Rediff.com20 Jun 2007

Yashwant Sinha has been India's finance minister and he can rightly take the credit for making the path of reforms in India less arduous.

Will petro price be cut in all states?

Will petro price be cut in all states?

Rediff.com15 Jun 2006

Quibbling between the Centre and the states on who should provide more relief to consumers on fuel prices intensified with the latter asking the Union Government to give an account of accruals to it from the latest hike in petrol and diesel prices.

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

CST phaseout to begin from Apr 1

CST phaseout to begin from Apr 1

Rediff.com31 Mar 2007

The phase out of Central Sales Tax, which is a major distortion in the way of smooth functioning of VAT system, will begin from Sunday, albeit a year after and in diluted form than envisaged originally.

Best of the week in business

Best of the week in business

Rediff.com16 Apr 2005

Best of the week in business

Nissan's project long on riders

Nissan's project long on riders

Rediff.com13 Sep 2006

Chemical industry cheers custom duty revision

Chemical industry cheers custom duty revision

Rediff.com1 Mar 2015

There is nothing specific announced for Chemicals Industry, however, reduction in customs duty

Jet fuel tariff may be cut

Jet fuel tariff may be cut

Rediff.com27 Feb 2006

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.

India Inc biz confidence drops

India Inc biz confidence drops

Rediff.com16 May 2005

Despite optimism about export prospects, investments and recruitment in the next six months, India Inc's business confidence index fell in the fourth quarter of fiscal 2004-05 compared to the previous period, a FICCI survey said on Monday.

'GST will make consumer goods cheaper, boost jobs'

'GST will make consumer goods cheaper, boost jobs'

Rediff.com29 Aug 2016

It will reduce compliance cost as the assessee will not have to maintain multiple records for a variety of taxes

Consensus reached, GST to be rolled out from July 1

Consensus reached, GST to be rolled out from July 1

Rediff.com16 Jan 2017

The consensus was reached after the Centre agreed to the demand of states to go in for horizontal split

Govt can exceed growth target with less obstructions, says FM

Govt can exceed growth target with less obstructions, says FM

Rediff.com2 Mar 2016

The government last year introduced the Insolvency and Bankruptcy Code.

FM hints at tax cuts on automobiles

FM hints at tax cuts on automobiles

Rediff.com1 Sep 2005

The government on Thursday hinted at paring down levies on automobile sector, even as he asked carmakers to step up investment to fuel growth and employment.

Best of the Week: Business

Best of the Week: Business

Rediff.com22 Jan 2005

Check out what rocked the business world this week.

GST Bill introduced in Lok Sabha, to pave way for single tax regime

GST Bill introduced in Lok Sabha, to pave way for single tax regime

Rediff.com19 Dec 2014

Aimed at creating a single tax for goods and services across the country, government on Friday introduced the long-pending GST Bill in the Lok Sabha for roll-out of the new regime from April 2016 subsuming various levies like entry tax and octroi.

Plan Panel pitches for bio-fuel

Plan Panel pitches for bio-fuel

Rediff.com13 Jul 2006

No FTA with China on cards

No FTA with China on cards

Rediff.com22 Jun 2006

India on Thursday ruled out a Free Trade Agreement with China, until 'domestic distortions' like high taxes and poor infrastructure are corrected.