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.
At present, 70% of the mobile handsets sold in India are imported.
Higher reliance on GST receipts for revenue reduces states' autonomy as these receipts depend on tax rates decided by the GST Council, a report by Delhi-based non-profit, PRS Legislative Research shows.
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.
The excise duty on unbranded petrol was increased from Rs 5.46 per litre to Rs 7.06 a litre.
Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.
While almost all the members belonging to the ruling National Democratic Alliance took oath by swearing in the name of god, Human Resources Development Minister Prakash Javadekar, who was re-elected to the Upper House from Maharashtra, took oath affirming his allegiance to the Constitution of India.
Diesel rates were cut by 40 paisa to Rs 68.89 a litre. With this, the reduction in rates in last six weeks totals Rs 9.26 per litre on petrol and Rs 7.2 per litre on diesel.
The kids have picked their favourites!
The company will operate the IT system for five years.
Tamil Nadu says it's intriguing only BJP-ruled states top the list, while industrialised states are given a go-by.
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.
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.
The peak GST rate of 28 per cent as also the 5 per cent ad valorem cess will continue
Will have to pay 12% tax besides 3% education cess.
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.
With the introduction of the single window clearance provision, pre-production windows are expected to reduce significantly. Not only will it have an impact on the operational cost of the film, it will also allow studios to release films faster.
Diesel in Mumbai costs Rs 79.72 per litre at IOC outlets and Rs 79.79 at BPCL outlets.
There is much work to be done to design a good GST.
The recognition that content - video in particular - will be the next big thing in the telecom wars requires no rocket science.
The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax
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.
States' demand of compensation from Centre for loss of tax revenue not on agenda.
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.
The IMG meeting will be convened shortly.
'The impact of COVID-19 on the economy has been so overwhelming that even a significant drop in global oil prices, which in normal times would have brought cheer, has posed new challenges for the government,' observes A K Bhattacharya.
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.
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.
As per norms, the returns have to be filed online on www.aces.gov.in.
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.
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 fuel price hike for the last 16 days had caused inconvenience and disappointment among the general public.
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.
There is nothing specific announced for Chemicals Industry, however, reduction in customs duty
