News for 'value-added-tax'

Indirect tax reform: Unfinished task

Traders moot central VAT

Budget session may keep bourses edgy

CSD canteens may come under VAT!

VAT may add 25% to state revenues

Why CAS failed and VAT will succeed

Delhi to emerge as gold hub

VAT on drugs to be fine tuned

Sales tax to be phased out by 07

The government on Wednesday said it would phase out Central Sales Tax by April 2007, a move that may lead Bharatiya Janata Party-ruled states to reconsider their decision of not implementing value-added tax.

Uniform VAT rates sought

VAT chain gaps worry firms

Kelkar II: Two cheers and a boo

Plan panel finds VAT 'faulty'

Coinciding with the 3-day traders stir against the implementation of value added tax, the Mid-term Appraisal of the 10th plan has pointed to "serious design flaws" in the tax even as Planning Commission Deputy Chairman Montek Singh

Accounting norms for VAT

AP swallows VAT pill, MP refuses

VAT regime from Apr 1 despite BJP shock

Centre for VAT by April 2004

'Incomplete' VAT to hit 3rd World: IMF

The International Monetary Fund has expressed concern over implementation of "incomplete" value added tax system in developing countries, saying it will reduce the benefits of the new taxation method as it omits service and other vital sectors.

Car sales hit VAT bump

VAT not to be deferred

The empowered committee of state finance ministers on Monday said the Value-added Tax will be implemented from April 1, 2005, even if Uttar Pradesh does not fall in line.

VAT: Govt doles out compensation to states

The finance ministry has sanctioned Rs 259.89 crore (Rs 2.6 billion) for Maharashtra to meet shortfall in revenue due to implementation of value added tax in the first quarter of this fiscal.

VAT to be implemented from April 2005

The meeting of the Empowered Committee of Finance Ministers of States and Union Territories began with some states demanding that they be allowed to charge service tax on certain items pending a decision on the implementation of VAT.

VAT to cover Army canteens, welfare bodies

Give India a 'big push', economists to FM

Economists on Saturday urged Finance Minister P Chidambaram to give a "big push" to the economy by stepping up investment in agriculture and infrastructure besides rationalising taxes, introducing value added tax

CBEC wants median rate for Cenvat hiked to 18%

VAT will lower prices

Implementation of value-added tax will bring down retail prices and may add Rs 75,000 crore (Rs 750 billion) per annum to government revenue, according to industry body Assocham.

Early introduction of VAT mooted

The Twelfth Finance Commission chairman C Rangarajan said on Tuesday that he was in favour of an early implementation of the value added tax regime.

States endorse 'white paper' on VAT

In a major step towards introduction of Value-added Tax from April 2005, states on Wednesday endorsed a 'white paper' on the new tax regime, which would be formally issued on January 17.

VAT will not lead to price rise: Panel

Gold: Delhi, Maharashtra may lower VAT

Delhi and Maharashtra may lower value added tax on bullion to 0.25 per cent as consensus on introducing uniform floor rate for precious metals seemed difficult to emerge at the empowered committee's meeting on Wednesday

Computerisation will make life less taxing

If life has become a little less taxing, thank the reform measures initiated by Finance Minister Jaswant Singh in tax administration.

New textile regime to boost trade

Rains, VAT wash away rakhi sales

VAT earnings up in Q1: Chidambaram

The Value Added Tax system has no adverse impact on consumer prices, and revenue earnings under the new regime have shot up by 15.3 per cent during the first quarter of the current fiscal, Finance Minister P Chidambaram told the Rajya Sabha on Tuesda

How VAT can be a success

Household items get 4% VAT

VAT and the problems it poses

50 items to attract 4% VAT

The panel on value added tax has decided that items which have at least 50 per cent industrial use will attract 4 per cent tax rate for that particular use.

FM report mum on VAT

States to get VAT compensation

In a major step towards tax reforms, the Centre on Tuesday agreed on a 3-tier system of compensating the states that incur revenue loss on account of implementing the value-added tax from April 2005.